Jeans Market to Surge, Reaching US$ 109.32 Billion by 2029, Fueled by Innovation and Changing Fashion Trends

The Jeans Market, valued at US$ 71.23 billion in 2022, is set to experience robust growth at a CAGR of 6.31% from 2023 to 2029, reaching a staggering US$ 109.32 billion. This surge can be attributed to various factors, including continuous product innovation, rising living standards, and evolving fashion preferences across the globe.

The study also includes information on the major players in the global Jeans Market, such as company biographies, product images and specifications, production capacity, pricing, cost, and contact information. This study examines the entire Jeans Market Size from a global perspective and makes predictions about future trends based on past data.

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Jeans Market Scope:

Aftermarket engineering undertook thorough primary research that included data triangulation, market breakdown, estimates, computations of market statistics, and calculations of market size in order to gather information, validate important figures, and verify the findings. To calculate percentage splits, market shares, and segment breakdowns, weights based on usage rate and average sale price are applied to each location. Based on the stated market size's acceptance or usage in the relevant region, the global markets and their sub-segments are segmented by country. Numerous market and industry-related topics are highlighted in the research. New product launches, business expansions, partnerships, joint ventures, and acquisitions are a few examples of marketing techniques. Additionally, the key components of the market research that clearly focus on the industry landscape have all been taken into consideration when structuring this study.

Jeans Market Dynamics:

The market is witnessing a substantial boost due to continuous product innovation and the introduction of premium and branded items in the global clothing market. The increasing population of youth, aged 15 to 24 years, according to the United Nations Department of Economic and Social Affairs, is driving the preference for jeans over other fabric pants, further fueling market growth.

Segmentation Analysis:

by Sales Channel

Online
Offline

The market is divided into offline and online sales channels based on the sales channel.
With 81% of the market in 2022, the offline sales channel had the biggest market share. The number of specialty department stores and fashion store retailers has increased, contributing to the market's growth.
During the course of the forecast year, the Online Sales Channel segment is anticipated to grow at the fastest rate of 11.2%. The industry is being driven by the rise in participants and the popularity of e-commerce sites that offer a large selection of products, such Myntra, Amazon, Alibaba, and Flipkart. Additionally, during the projected period, sales through online channels are anticipated to increase in tandem with the growth in internet and smartphone users.

by End-User

Men
Women
Children

The market is divided into three segments: Men, Women, and Children, based on End-User.
With a share of 57.23% in 2022, the Men End-user segment has dominated the market. The market for jeans is growing as a result of the vast number of customers drawn in by the variety of products offered.
The women's segment is anticipated to expand at a compound annual growth rate (CAGR) of 3.61% over the course of the forecast period, driven mostly by women's choice for jeans over other clothing items and their changing lifestyles.

by Category

Mass
Premium

by Distribution Channel

Supermarkets/Hypermarkets
Specialist Stores
Online Retail Stores
Other Distribution Channels

Key Competitors:

The industry placed a strong emphasis on alliances, purchases, and collaborations as inorganic growth tactics. The Jeans Market's potential for future rapid growth means that industry participants should benefit from it. The businesses listed below make up the global Jeans Market.

1. Levi Strauss & Co
2. VF Corp
3. The Gap, Inc
4. H&M Hennes & Mauritz AB
5. Kering S.A.
6. Pepe Jeans S.L
7. PVH Corp
8. Bestseller A/S
9. U.S. Polo Assn
10. Industria de Diseño Textil
11. True Religion Apparel, Inc
12. Brooks Brothers Group, Inc
13. Moët Hennessy Louis Vuitton
14. Adriano Goldschmied Inc
15. American Apparel, Inc
16. Fast Retailing Co., LTD
17. Guess, Inc
18. Esprit Holdings Ltd

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Regional Analysis:

After examining the political, economic, social, and technological aspects influencing the Jeans Market in each of these regions, the report also includes extensive PESTLE assessments for each of the five regions—North America, Europe, Asia Pacific, the Middle East, Africa, and South America.

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