Canada Denim Market Size & Outlook, 2022-2030
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Canada denim market highlights
- The Canada denim market generated a revenue of USD 146.7 million in 2022 and is expected to reach USD 185.4 million by 2030.
- The Canada market is expected to grow at a CAGR of 3% from 2023 to 2030.
- In terms of segment, mass was the largest revenue generating category in 2022.
- Luxury is the most lucrative category segment registering the fastest growth during the forecast period.
Denim market data book summary
| Market revenue in 2022 | USD 146.7 million |
| Market revenue in 2030 | USD 185.4 million |
| Growth rate | 3% (CAGR from 2023 to 2030) |
| Largest segment | Mass |
| Fastest growing segment | Luxury |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Mass, Premium, Luxury |
Other key industry trends
- In terms of revenue, Canada accounted for 0.7% of the global denim market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. denim market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 1,165.4 million by 2030.
Mass was the largest segment with a revenue share of 58.28% in 2022. Horizon Databook has segmented the Canada denim market based on mass, premium, luxury covering the revenue growth of each sub-segment from 2018 to 2030.
Denim furniture, such as sofas, chairs, and ottomans, is becoming increasingly popular in Canada. Denim is also used in home textiles such as curtains, rugs, and bedspreads, as well as home décor items such as lamps, mirrors, and picture frames.
Based on Volza's Global Export data, the export of denim fabric from various countries to Canada amounted to 1.7K shipments. These exports were conducted by 67 different exporters worldwide and were received by 71 buyers in Canada.
This data signifies the noteworthy trade activity in the denim fabric industry between different nations and Canada, demonstrating the involvement of numerous exporters catering to the demands of multiple buyers in the Canadian market.
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Denim Market Scope
Denim Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| KG Denim | View profile | 1001-5000 | Coimbatore, Tamil Nadu, India, Asia | https://www.kgdenim.com |
| Grupo Santana Textiles | View profile | 1001-5000 | Horizonte, Ceara, Brazil, South America | http://www.santanatextiles.com/ |
| Vicunha | View profile | 5001-10000 | Pinheiros, Sao Paulo, Brazil, South America | https://www.vicunha.com/ |
| Naveena Group | View profile | 1001-5000 | Karachi, Sindh, Pakistan, Asia | http://naveenagroup.com |
| Cone Mills | View profile | 1-10 | Greensboro, North Carolina, United States, North America | https://www.conedenim.com |
| Prosperity Textile | View profile | 1001-5000 | Guangzhou, Guangdong, China, Asia | https://www.prosperity-textile.com/ |
| Arvind | View profile | 10001+ | Ahmedabad, Gujarat, India, Asia | http://arvind.com |
| ISKO | View profile | 251-500 | Bursa, Bursa, Turkey, Europe | https://iskodenim.com |
| Raymond | View profile | 501-1000 | Mumbai, Maharashtra, India, Asia | http://www.raymondindia.com |
Canada denim market size, by category, 2018-2030 (US$M)
Canada Denim Market Outlook Share, 2022 & 2030 (US$M)
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