As per a new Denim Market report, global denim market will grow at 6.20 per cent during the forecast period of 2020 to 2027. Growing demand for recycled denims manufactured using plastics and other materials will create new opportunities in this market, says the report.

Rising urbanization and growing disposable income will enhance the growth of the denim market by 2027 supported by the growing popularity of denim shirts, increasing trend of stretchable denim jeans by blending cotton with synthetic material, easy availability of raw material, rising government initiative to enhance the product manufacturing and increasing promotion of denim wear. However, this growth is likely to be hampered by the rising prevalence for inexpensive woollen wear, availability of alternatives in the market, fluctuation in the cost of raw material and changing fashion and consumer preference.

The Denim Market analyzes the growth leading denim organizations and their thought process and methodologies to maintain their brand image in this market. The report helps new entrants understand the level of competition in the market and helps them strengthen their roots.