The global denim jeans market size was estimated at USD 68.67 billion in 2019 and is expected to reach USD 73.09 billion in 2020.
In this post
What is the market for jeans?
The market value for denim fabric was 21.8 billion U.S. dollars in 2020 and was expected to increase to over 26 billion U.S. dollars by 2026. The retail sales of denim or blue jeans is by far the most valuable channel in the denim industry.
How many jeans are sold each year?
Every year, around 450 million pairs of jeans are sold in America.
Which country is the largest producer of denim in the world?
China
China has long been the leading manufacturer of denim in terms of volume, and when it comes to getting denim apparel to the United States, the Asian powerhouse is still the largest supplier—though its share continues to slide as Mexico closes the gap between its own second place spot and China’s lead.
What country wears the most jeans?
North America accounts for 39% of global purchases for jeans, followed by Western Europe at 20%, Japan and Korea at 10% and the rest of the world at 31%. United States consumers spent more than US$14 billion on jeans in 2004 and US$15 billion in 2005.
Who sells the most jeans in the world?
1) Levi’s. Levi’s is one of the most popular and top-selling jeans brand in the world. This veteran jeans brand has been able to create a distinctive place of its own in the merchandise industry as people associate it with a definite status symbol.
Is the jeans market growing?
The global denim jeans market size was estimated at USD 68.67 billion in 2019 and is expected to reach USD 73.09 billion in 2020. What is the denim jeans market growth? b. The global denim jeans market is expected to grow at a compound annual growth rate of 6.81% from 2019 to 2025 to reach USD 102.45 billion by 2025.
Why is denim in such high demand?
Denim’s durable, affordable and fashionable characteristics have made it a long-loved favorite for the U.S and global markets.
How many jeans are produced in the world?
By some estimates, there are millions, if not, just over one billion pairs of jeans produced every year. And it’s said about half of the world’s population is wearing jeans every day.
Which is the best jeans brand in the world?
Top 10 Best and Popular Jeans Brands in the World
- Killer Jeans.
- Gucci Jeans.
- Wrangler Jeans.
- 5. Lee Jeans.
- Calvin Klein.
- True Religion Jeans.
- Diesel Jeans. Diesel is an expensive and popular brand of jeans it vows luxury, durable fabric, and longevity.
- Levi’s Jeans. The concept of jeans course by Levis some 150 years back.
Who exports the most denim?
China
This statistic shows the export value of denim fabric worldwide in 2021, by region. In that year, China was the leading exporter of denim fabric worldwide, with exports valuing approximately 2.2 billion U.S. dollars.
How much water does it take to make a pair of jeans?
about 1,800 gallons
Clothing. To create a pair of blue jeans, about 1,800 gallons of water are needed just to grow enough cotton for one pair. To grow enough cotton to create one t-shirt, 400 gallons of water are consumed.
How many jeans are sold per year in America?
450 million pairs
The average American owns seven pairs of blue jeans, and approximately 450 million pairs of jeans are sold in the United States per year.
Which country does not wear jeans?
North Korea has declared wearing blue jeans as illegal as it symbolises American imperialism, which the east Asian nation terms as its enemy.
How denim is popular worldwide?
Denim was more comfortable, softening with age, and its indigo dye gave it a unique character. Indigo doesn’t penetrate the cotton yarn like other dyes but sits on the outside of each thread. These molecules chip off over time, causing the fabric to fade and wear in a unique way.
Why are jeans so popular around the world?
Jeans have crossed all borders, social cultures, classes and it is one of the most wanted outfits in the world. The significant transition in the choice of people from traditional wear to jeans worldwide, have practical reasons as well. They are no maintenance wear and anybody will swear for its durability.
What is the most popular item of clothing in the world?
The T-shirt is one of the most popular items of clothing in the world, and around two billion of them are sold every single year.
Whats the most expensive jeans?
Gucci Jeans – $3,100
Gucci jeans have actually appeared in the Guinness Book of World Records as the most expensive jeans in the world, with price tags going up to $3,100, but most of them are priced at just around $600.
How big is the US denim market?
US$15.1 Billion
Offering a wide array of brands, speciality stores attract customers employing strategic marketing initiatives as well as merchandising. The Denim Jeans market in the U.S. is estimated at US$15.1 Billion in the year 2021. The country currently accounts for a 24.6% share in the global market.
How much denim is thrown away each year?
approximately 70 pounds
Did you know that the average American throws away approximately 70 pounds of clothing and other textiles each year? Textile waste including denim, which is made from biodegradable cotton, takes up nearly 5 percent of all landfill space, according to the Environmental Protection Agency (EPA).
Net sales share of Levi Strauss worldwide in 2021, by brand
| Characteristic | Net sales share |
|---|---|
| Levi’s | 87% |
| Signature by Levi Strauss & Co. and Denizen | 8% |
| Dockers | 5% |