Currently valued at $71.23 billion, the global jeans market is expected to grow at 6.31 per cent CAGR from 2023-29 to reach $109.32 billion by 2029.
By 2029, the online sales channel segment is anticipated to grow at the fastest rate of 11.2 per cent. The growth will be driven by the rise in participants and the popularity of e-commerce sites that offer a large selection of products, such Myntra, Amazon, Alibaba, and Flipkart.
Additionally, during the projected period, sales through online channels are anticipated to increase in tandem with the growth in internet and smartphone users.
With a share of 57.23 per cent in 2022, the men’s end-user segment dominates the market. However, the women's segment is also anticipated to expand at a CAGR of 3.61 per cent over the forecast period, as women’s demand for jeans over other clothing items increases.
By Fashionating World
https://www.fashionatingworld.com/new1-2/global-jeans-market-to-grow-at-6-31-cagr-from-2023-29