The global denim fabric market is anticipated to grow at a CAGR of 4.1 per cent during from 2022-2028. The factors driving this growth will include easy availability of the products and increasing trend of denim fabric globally. An increased demand for cotton denim wear alongwith rising disposable incomes are also boosting the growth of this market.
The growth in the denim fabric industry is also being driven by increasing in consumers’ expenditure on clothes, rise of social media influencers, availability of a large variety of fabrics and favorable government policies.
Some of the major players in the denim fabric market include the market include Cone Denim LLC, Ha-Meem Group, Isko Denim, Kilim Denim, Denim Prime Blue, LNJ Denim, Modern Denim, etc. Besides introducing new innovations, these players are also adopting new strategies like mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market.
In November 2021, Soorty Enterprises launched Zero Stone, a future-proof innovation that will revolutionize the traditional stonewash in the denim laundry.
The innovation offers several environmental and social advantages in the denim world, such as minimal use of natural resources, positive effluent discharge, increase in the speed of production permitting usage of lower laser power & prevention of fabric tearing during laundry.
