Global Jeans Market size was valued at US$ 63.03 Bn in 2020 and the total revenue is expected to grow at CAGR 6.31% through 2021 to 2027, reaching nearly US$ 96.73 Bn.
Jeans Market Overview:
Maximize Market Research (MMR) spent a lot of time and effort investigating the Jeans Market, focusing on each sector while considering global and regional trends. In order to create a balanced market environment, the primary drivers as well as significant restraints have been thoroughly addressed. To give readers a complete picture of the market, the research separates it into several areas, including Product, Application, Retailers, and Regions. The research also includes long-term industry estimates for the Jeans Market.
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Market Scope:
The Jeans market is expected to develop at a steady rate between 2021 and 2027, according to the forecast. Between 2021 and 2027, the industry is expected to grow rapidly, with leading market players putting in significant effort.
The development process is examined, as well as cost structures and development goals and objectives. This global Jeans market report covers import/export consumption, supply and demand, cost, price, share, sales volume, revenue, and gross margins. In the global Jeans market, this study looks at each producer's manufacturing sites, capacity, production, ex-factory price, market price, sales revenue, and market share. Among the countries (regions) are the United States, Canada, Mexico, Germany, France, the United Kingdom (UK), Russia, Italy, China, Japan, Korea, India, Southeast Asia, Australia, Brazil, and Saudi Arabia.
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Segmentation:
The Offline Sales Channel captured the largest market share, accounted for 81% of the market in 2020. The growth of the market has been assisted by an increase in the number of fashion store retailers and specialized department stores.
The Online Sales Channel segment is expected to witness the fastest CAGR of 11.2% during the forecast period. The market is driven by the increasing number of players and the popularity of e-commerce websites such as Myntra, Amazon, Alibaba, and Flipkart, offering a wide range of items. Furthermore, as the number of internet and smartphone users increases, sales through online channels are expected to increase during the forecast period.
Key Players:
• Levi Strauss & Co
• VF Corp
• The Gap, Inc
• H&M Hennes & Mauritz AB
• Kering S.A.
• Pepe Jeans S.L
• PVH Corp
• Bestseller A/S
• U.S. Polo Assn
• Industria de Diseño Textil
• True Religion Apparel, Inc
• Brooks Brothers Group, Inc
• Moët Hennessy Louis Vuitton
• Adriano Goldschmied Inc
• American Apparel, Inc
• Fast Retailing Co., LTD
• Guess, Inc
• Esprit Holdings Ltd
Regional Analysis:
The Jeans market is split up into five regions: Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America.
COVID-19 Impact Analysis on Jeans Market:
The COVID-19 Pandemic has the potential to disrupt global markets in three ways: by directly affecting production and demand, disrupting supply networks and marketplaces, and bankrupting businesses and financial institutions. The purpose of this research is to understand more about the current situation, the economic slump, and COVID-19's impact on the global Jeans market.
Key Questions answered in the Jeans Market Report are:
- Which product segment grabbed the largest share in the Jeans market?
- How is the competitive scenario of the Jeans market?
- Which are the key factors aiding the Jeans market growth?
- Which region holds the maximum share in the Jeans market?
- What will be the CAGR of the Jeans market during the forecast period?
- Which application segment emerged as the leading segment in the Jeans market?
- Which are the prominent players in the Jeans market?
- What key trends are likely to emerge in the Jeans market in the coming years?
- What will be the Jeans market size by 2027?
- Which company held the largest share in the Jeans market?
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