High quality jeans market with double growth in 2017-2021
17-01-2018
According to a report, the global high quality denim market is expected to grow at an annual compound annual growth rate of more than 8 percent between 2017 and 2021. The report cites women, men and children as the three main consumer segments for this product, with the segment for women battling for nearly 56% of market share in 2016.
Market research by Technavio research and technology consulting firm sees innovative product designs, the adoption of denim jeans as employee's daily wear, and increased interest in fashion. Luxury brands and high-end brands are the three leading market players contributing to the growth of the global high-quality jeans market.
New product designs include more flexible and compressible products and are made from knitted denim or aramid fibers providing the functionality of traditional sportswear such as thermostat, UV protection and tearing properties.
The growing demand for jeans is backed by routine clothing policies in many private organizations around the world. Because high-priced denim jeans are perceived as an indicator of wealth, social status and fashion sense, dealers focus on new styles, sizes, colors, designs and features. other aesthetics.
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