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Denim Fabrics Market Is Expected to Experience Significant Demand Over the Forecast Period of 2028

Denim Fabrics Market Overview:

Denim Fabrics Market is projected to be worth USD 30.14 Billion by 2028, registering a CAGR of 4.74% during the forecast period (2021 – 2028). The market was valued at USD 21.55 Billion in 2020.

Denim fabric is a durable twill-woven fabric with colored warp and white filling thread. Denim Fabrics Market is either 100% cotton or 85% cotton with a mixture of polyester or nylon. The most popular selvage denim is woven on the shuttle loom. The primary denim fabrics used are selvage, bubble gum or spandex, and colored denim. Moreover, denim wear fabrics offer comfortable, lighter, and colorful fabric, highly preferred in clothing, accessories, and upholstery applications.

Some of the popular by-trade names for Denim Fabrics are mentioned as follows:

KG DENIM
LNJ DENIM.
Kaihara Denim
Çalık Holding
Kurabo Denim
Matesa Textiles

The growth and demand of the denim fabric market are primarily driven by changing lifestyles owing to the growing population and rise in per capita disposable income. The global denim garments market was valued at USD 4.3 billion in the historical period that ended 2018 and is projected to grow with a CAGR of about 3.2% during the forecast period. The global growth of the denim garment industry is driven by the increased use of stretchable jeans among the young population and online retail discounts. Moreover, rapid urbanization in developing countries such as China, India, Brazil, Malaysia, the Philippines, and South Africa is expected to drive the growth of the denim fabric market during the ongoing forecast period.

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Market Segmentation

By Type

Selvedge Denim
Raw or Dry Denim
Colored Denim
Organic Denim
Denim from Fox Fiber
Crushed Denim
Vintage Denim
Ecru Denim
Bubble Gum Denim
Reverse Denim
Others

By Application

Clothing
Accessories
Homeware
Others

By Region

North America
Europe
Asia-Pacific
Latin America
Middle East & Africa

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Regional Analysis

The North American region is expected to grow during the forecast period, primarily driven by the increasing residential construction activity in the US, leading to an increased demand for home décor materials significantly. In 2018, the residential construction segment accounted for a 43% market share 2018 and witnessed a growth of 7% compared to 2017. There has been a shifting preference for modern denim fabric arts in draperies or curtains is likely to drive the market growth.

Led by Germany, the UK, Spain, and Italy, the European denim fabrics market is expected to register considerable growth during the review period. In addition, there have been increasing investments for high-quality denim fabrics in accessories are likely to propel the growth of the ongoing forecast period.

Some prominent market players are as follows:

Kuzgunlar Textile (Turkey)
Xingtai H & J Textiles Co Ltd (China)
ADM Denim (Pakistan)
KILIM GROUP (Turkey)
KUROKI CO. LTD (Japan)
NASEL TEXTILE (Turkey)

 Industry News

In 2019, the global average denim fabric price ranged between USD 8.5 and USD 9.4 per meter. The price of denim fabric fluctuated between 2014 and 2018, primarily due to the fluctuation in raw material prices such as cotton. Furthermore, the continuous use of pesticides and water for irrigation in cotton farming is also expected to hurt the product prices of denim fabric.

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