The North America denim market is expected to gain significant growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing at a CAGR of 5.7% in the forecast period and is expected to reach USD 56,276.33 million by 2028.
Denim is a type of cotton twill, textile, in which the weft passes under two or more warp threads. Warp threads of denim fabric are dyed in indigo while weft threads remain plain white. When used for jeans, denim is turned blue on the outside and because of the way it is made; it fades in a characteristic way. Word “denim” comes from fabric “serge denim” made in France city of names from where it is originated. In May 20, 1873, Denim is used to make apparels, accessories, and homewares. Rising urbanization and growing disposable income is expected to enhance the growth of the market.
Availability of various raw materials gives wide options to denim manufacturers. As the production capacity of cotton increasing around globe leads to low cost of raw materials. North America is considered an appealing region among companies and holds 34.7% of the market share. Constant product innovations in the market and improving standards of denim are further boosting North America denim market growth.
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Denim Market Country Level Analysis
North America market is analysed and market size information is provided by type, distribution channel, and end user.
The countries covered in the North America denim market report are the U.S., Canada, and Mexico.
The U.S. is the dominating country in North America denim market as the demand for apparels high among customers. From the above diagram, the demand for cotton denim material is increasing in the North America region. In the U.S., the demand for denim is increasing due to increasing demand of high in the country. In Canada, the demand for cotton denim is increasing as production of denim is easy and cost effective in the country.
The country section of the report also provides individual markets impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points, such as new sales, replacement sales, country demographics, regulatory acts, and import-export tariffs, are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of North America brands and their challenges due to high competition from local and domestic brands and impact of sales channels are considered while providing forecast analysis of the country data.
Growth in the Denim industry
North America denim market also provides you with detailed market analysis for every country growth in installed base of different kind of products for the market, impact of technology using life line curves and changes in infant formula regulatory scenarios, and their impact on the the market. The data is available for historic period 2010 to 2019.
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North America Denim Market Scope and Market Size
North America denim market is segmented of the basis of type, distribution channel, and end user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
On the basis of type, the North America denim market is segmented into cotton denim/100% cotton denim, stretch denim, raw denim/dry denim, cushed denim, cotton serge denim, waxed reverse denim, printed denim, washed denim/aid wash denim, coloured denim, selvedge denim, ecru denim, sanforized denim, bubble-gum denim, ploy denim, bull denim, thermo denim, ramie cotton denim, slub denim, vintage denim, fox fiber denim, marble denim, reverse denim, ring spun denim/dual ring spun denim and others. In 2021, cotton denim/100% cotton denim is dominating the market as the cotton fabric is more durable and easy to wear for a long duration which increases the demand for the cotton denim in the demand.
On the basis of distribution channel, the North America denim market is segmented into direct sales/B2B, supermarket/hypermarket, E-Commerce, specialty stores, convenience stores and others. In 2021, direct sales/B2B segment is dominating the distribution channel as it involves improved supply chain management and includes direct sales with other companies.
On the basis of end user, the North America Denim market is segmented into apparel, accessories, homewares, and others. In 2021, the apparel segment is dominating as apparels, such as Jeans and shirts, are widely used by customers.
Competitive Landscape and denim Market Share Analysis
North America denim market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breadth, application dominance, and technology lifeline curve. The above data points provided are only related to the companies’ focus related to the North America denim market.
Major companies operating in the North America denim market are Levi Strauss, The Gap Inc. H&M group, VF CORPORATION, PVH Corp, Pepe Jeans, Bestseller A/S, U.S polo Assn, Edwin Co. ltd, DIESEL S.P.A, and others among other domestic and regional players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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North America Denim Market Report Answers the Following Questions:
What is the current size and growth rate of the North America Denim Market?
What are the major drivers of the North America Denim Market?
What are the major trends in the North America Denim Market?
Who are the key players in the North America Denim Market?
What is the market segmentation of the North America Denim Market by product type?
What is the market segmentation of the North America Denim Market by end-user?
What is the market segmentation of the North America Denim Market by region?
What are the major challenges faced by the North America Denim Market?
What are the opportunities for new players in the North America Denim Market?
What is the future outlook for the North America Denim Market?
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