The denim market in Canada is expected to reach a projected revenue of US$ 185.4 million by 2030. A compound annual growth rate of 3% is expected of Canada denim market from 2023 to 2030.
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.
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.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Denim Market Outlook will help companies and investors design strategic landscapes.
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.
Canada Denim Market Category Outlook (Revenue, USD Million , 2018-2030)
Mass
Premium
Luxury
Canada Denim Market Type Outlook (Revenue, USD Million , 2018-2030)
Pure Denim
Blended Denim
Canada Denim Market End Use Outlook (Revenue, USD Million , 2018-2030)
Apparel & Accessories
Homecare & Decor
Others
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada Denim Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Canada Denim Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.