Global Premium Denim Jeans Market Overview:
Premium denim jeans are high-quality lower-body clothing worn by men and women of all ages. These jeans are often made from high-quality dungaree and denim materials to give the wearer with added comfort. Vendors place a greater priority on maintaining high levels of quality, creativity, and craftsmanship when producing premium denim. In compared to budget jeans, they are more durable in terms of materials and colours, and they also improve an individual's overall aesthetic appeal. The introduction of premium and branded products into the global apparel market is expected to have a substantial impact on premium denim jeans market development.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Levi Strauss & Co. (United States), VF Corporation (United States), H&M (Sweden), Pepe Jeans (Spain), Authentic Brands Group (United States), Gap Inc. (United States), American Eagle Outfitters Inc. (United States), Bestseller (Denmark), Dolce & Gabbana (Italy), Guess (United States) and U S Polo Assn (United States) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Growth Drivers
- Growing Consumer Awareness of a Wide Range of Products, Including As Boot Cut, High Rise, Cropped, Skinny, Tapered, and Normal Fit Jeans
- Rising Demand for Branded Apparel
Roadblocks
- Fluctuations in Supply and Demand Share due to Enforcement of Stringent Lockdown Measures
- Constant Changes in Fashion and Consumer Preferences may hamper the Market Growth
Opportunities
- Rise in Consumer Disposable Income Levels, Especially in Emerging Countries like India and China
- Increasing Prevalence of Online Retail Portals
Challenges
- High Cost of Premium Raw Material
- High Competition among Established Players
Competitive Landscape:
The demand for premium denim jeans is increasing with each passing day. The businesses in this industry facing major competition with leading players of the market that includes Levi Strauss & Co., VF Corporation, H&M and others. Many international as well as regional providers are also participants in the industry and directly compete with leaders. It has been identified that market leading players are investing heavily in growth strategies such as technological development, resource utilization to enhance their market position. The market leaders demonstrate a market-defining vision of how premium denim jeans can help top-line business executives achieve their business objectives. Leaders have the ability to execute against that vision through both products and services. They have demonstrated solid business results in the form of revenue and earnings.
Some of the key players profiled in the report are Levi Strauss & Co. (United States), VF Corporation (United States), H&M (Sweden), Pepe Jeans (Spain), Authentic Brands Group (United States), Gap Inc. (United States), American Eagle Outfitters Inc. (United States), Bestseller (Denmark), Dolce & Gabbana (Italy), Guess (United States) and U S Polo Assn (United States). Additionally, following companies can also be profiled that are part of our coverage like Everlane (United States), Buck Mason (United States) and Acne Studios (Sweden). Analyst at AMA Research see United States Vendors to retain maximum share of Global Premium Denim Jeans market by 2027. Considering Market by End - User, the sub-segment i.e. Men will boost the Premium Denim Jeans market. Considering Market by Sales Channel , the sub-segment i.e. Online will boost the Premium Denim Jeans market.
Latest Market Insights:
In August 2021 Authentic Brands Group had announced the acquisition of Izod, Van Heusen, Arrow and other distinguished brands from PVH Corporation. Izod, Van Heusen, and Arrow have a combined 60 licencing partners and are known for their premium lifestyle items like as sportswear, dress furnishings, denim, and many other areas. All licencing agreements and marketing campaigns for all brands are handled by ABG. PVH will continue to operate all of the brands' clothing furnishings businesses in North America under a licence arrangement with ABG. Additionally, Izod men's sportswear has been licenced to Centric Brands, while Van Heusen and Arrow men's sportswear have been licenced to United Legwear & Apparel Company.
In September 2021 American Eagle Outfitters, Inc had announced the launch of AE77, a new premium denim brand for men and women. AE77 is an intriguing opportunity for AEO Inc., which expands on their leadership in jeans and incorporates best sustainability initiatives while utilizing technological breakthrough in style, fit, and fabrications. As AEO Inc. seeks to attract new customers and increase their product offerings, AE77 is a fantastic addition to their brand portfolio. Premium Denim Jeans from AEO's highest water criteria are met by AE77 denim factories, which exceed requirements for water recycling, water management, and wastewater.
What Can be Explored with the Premium Denim Jeans Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Premium Denim Jeans Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Premium Denim Jeans
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Premium Denim Jeans market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Premium Denim Jeans market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture and Capitalist, New entrants/investors, Analysts and Strategic Business Partners, Premium Denim Jeans Distributors and Suppliers, Corporate Entities, Raw Material Suppliers, End-use industries and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.