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November 27, 2018

World jeans market size set to reach 2bn pairs by 2023

Sustainability and organic will continue to be a major trend in the denim sector in the years to 2023, according to a new report from just-style – which also suggests the world jeans market size will break through the 2 billion pairs barrier during the forecast period.

By Hannah Abdulla

Sustainability and organic will continue to be a major trend in the denim sector in the years to 2023, according to a new report from just-style – which also suggests the world jeans market size will break through the 2 billion pairs barrier during the forecast period.

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The ‘Global market review of denim and jeanswear – forecasts to 2023‘ provides an update on the 2017 edition of the report and suggests consumers want denim products that demonstrate authenticity and heritage. It also adds that while the trend for organic will continue to remain strong, jeans-makers are increasingly using less cotton in production.

Together with this, manufacturers are being pressured to adopt more environmentally-friendly processes within their operations and supply chains, with the research considering how these demands are being made against a background of “slow growth and a lot of retailer pain.”

“It’s a confusing situation in which to be making strategic marketing and investment decisions,” assert the report’s authors.

The world jeans market is forecast to produce more than 2bn pairs of jeans in the next five years. By 2022, it will have grown from US$56.55bn to US$59.46bn.

The report features a re-written version of the executive summary, an update of the world jeans market chapters and data, and the concluding industry trends and issues chapter.

A key feature of the report is the review of the supply chain, which covers everything from supply chain models to top manufacturing countries, jean imports and denim imports and exports and major mills worldwide as well as cotton prices.

The report also profiles jean product types and looks at latest consumer, design, technology CSR and business attitudes, trends and issues.

To access more details on the report, click here.

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Free Report
img

How can brands navigate the post-COVID-19 Apparel market?

In 2021, the Global Apparel market remained at 3% below pre-pandemic levels, with Europe and LATAM lagging behind. If they want to see full recovery, brands must look ahead. GlobalData is therefore offering this free report, Future of the Apparel Market Post Pandemic, to assist companies in adapting to the future market. This report explores the following topics:
  • Latest forecasts for the online apparel market out to 2025
  • How different regions and categories will perform, including which regions are lagging behind and which are performing at pre-pandemic levels
  • Which categories within the Apparel market are displaying resilience
  • Which brands are driving online spending
  • Impact of inflation on the Global Apparel market
  • What the biggest trends are that apparel businesses must adopt to succeed
Read our report on the Future of the Apparel Market Post Pandemic to gain valuable insights on how to best position your brand in a post-COVID-19 world.
by GlobalData
Enter your details here to receive your free Report.

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