Denim Fabric Market – By Type (Heavy Denim Fabric, Medium Denim Fabric, Light Denim Fabric), By Raw Material (Spandex, Cotton, Polyester, Others), By Fabric Type (Raw Denim, Crushed Denim, Sanforised Denim, Selvedge Denim, Stretch Denim, Poly Denim, Others), By End-Use (Accessories, Décor and Homeware, Clothing and Apparel, Others), By Geography - Global Opportunity Analysis & Industry Forecast, 2023-2030

The Denim Fabric Market size is estimated to reach $32 billion by 2030, growing at a CAGR of 4.7% during the forecast period 2023-2030. An increase in the number of celebrity endorsements influencing consumers to buy a variety of denim and a boost in the online retail sector is likely to surge the demand for denim fabrics.

Additionally, Advances in textile technology have allowed denim manufacturers to produce fabrics that are more sustainable, stretchy and comfortable. This has further increased the demand for denim fabrics, particularly in the athletic and athleisure which is further creating growth opportunities for the Denim Fabric Market. As per the Intech Open journal report, over 102 million tonnes of denim textiles are expected to consume globally in 2030 which creates opportunities for the expansion of new product categories such as denim jackets, skirts and shorts in the Denim Fabric Market. These factors positively influence the Denim Fabric industry outlook during the forecast period.

Market Snapshot:

Denim Fabric Market - Report Coverage:

The “Denim Fabric Market Report - Forecast (2023-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Denim Fabric Market.

COVID-19 / Ukraine Crisis - Impact Analysis:  

• The pandemic has disrupted global supply chains causing delays and shortages in the availability of raw materials and delaying the delivery of finished goods. Many denim factories have had to shut down temporarily owing to the pandemic either government restrictions or outbreaks of the virus within the factories. 

On the other hand, the pandemic has accelerated the digital transformation of the denim fabric market, as manufacturers look for ways to improve efficiency and reduce costs in the face of reduced demand. This has led to increased investment in technologies such as artificial intelligence, data analytics and automation.

∙ Due to the war between Ukraine and Russia, the crisis has caused disruptions in the country's agricultural and industrial sectors leading to delays and shortages in the availability of these raw materials such as cotton in Ukraine. This has an impact on the global supply chain for denim fabrics. 

Key Takeaways:

∙ Fastest Growth of Europe Region

Geographically, in the global Denim Fabric Market share, Europe is analyzed to grow with the highest CAGR of 5.3% during the forecast period 2023-2030 owing to the rising demand for sustainable and eco-friendly denim fabrics. Consumers are becoming more aware of the environmental impact of fashion and are seeking out brands that prioritize sustainability in their manufacturing processes driving the Denim Fabric Market in this region.

As per the German Textile Partnership, apparel manufacturers have agreed that they will be using 70% sustainable cotton out of that which 20% should be organic cotton, by 2025, which further helps in the increase of eco-friendly and sustainable denim fabrics. 

∙ Stretch Denim to Register the Fastest Growth

The Stretch Denim segment is estimated to grow with the highest CAGR of 23.6% during the forecast period. The popularity of skinny jeans, which require a stretchy fabric to provide a form-fitting look is driving demand for the stretch denim fabric market. Additionally, the trend toward sustainable and eco-friendly fashion is likely to influence the development of new stretch denim products made from environmentally-friendly materials.

∙ Cotton is Leading the Market

According to the Denim Fabric Market forecast, cotton held the largest market valuation of $10 billion in 2022 owing to its natural properties, versatility and sustainability are widely available and easy to work with. It is also a preferred fiber for denim fabric owing to its ability to absorb dyes which results in vibrant and long-lasting colors. In addition to its natural properties, cotton is also a sustainable and environmentally-friendly fiber. Many denim brands and manufacturers are adopting sustainable production practices and using organic or recycled cotton to reduce their environmental impact.

∙ Increasing Demand for Sustainable and Ethical Clothing

Consumers are becoming more aware of the environmental and social impact of their clothing choices and are seeking out denim clothing that is produced using sustainable and ethical practices. In response to this demand, many denim fabric manufacturers are using organic cotton or recycled materials to produce denim fabrics with a lower environmental impact. They are also adopting sustainable production practices such as reducing water usage and using eco-friendly dyes to minimize their environmental footprint. As per Sustainable Fashion Statistics, global sales for sustainable and eco-friendly clothing are anticipated to reach over $15 billion by 2030.

Denim Fabric Market Share (%) By Region, 2022

Key Market Players:

Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies adopted by players in the Denim Fabric Market. The top 10 companies in this industry are listed below:

1.     Advance Denim Co. Ltd. (LYCRA® XTRA LIFE™, LYCRA® EcoMade)

2.     Arvind Limited (BOOMERANG™, Azurite)

3.     Bextex Limited (BDL 5310-J, FOS 05)

4.     KURABO INDUSTRIES Ltd. (KURASHIKI BOSEKI, KABUSHIKI KAISHA)

5.     Modern Denim Ltd. (Basic Denim 0111, Rain Effects Denim 6274

6.     SANKO (ISO 9001, ISO 9002)

7.     Cone Denim LLC (Nothing Goes to Waste, Flash Finish)

8.     Ha-Meem Group (THERMOLITE®, COOLMAX®)

9.     Noman Group (Bedford Cord Fabrics, Dobby Woven Fabrics)  

10.  KAIHARA DENIM (Made Indigo Kaihara)

Scope of Report: 

Report Metric	Details
Base Year Considered	2022
Forecast Period	2023–2030
CAGR	4.7%
Market Size in 2030	$32 billion
Segments Covered	Type, Raw Material, Fabric Type, End-Use and Region
Geographies Covered	North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and the Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia, New Zealand and the Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), Rest of the World (Middle East and Africa).
Key Market Players	1.     Advance Denim Co. Ltd. 2.     Arvind Limited 3.     Bextex Limited 4.     Kurabo Industries Ltd. 5.     Modern Denim Ltd. 6.     SANKO 7.     Cone Denim LLC 8.     Ha-Meem Group 9.     Noman Group 10.  KAIHARA DENIM