The denim market in China is expected to reach a projected revenue of US$ 8,604.8 million by 2030. A compound annual growth rate of 3.1% is expected of China denim market from 2023 to 2030.
The China denim market generated a revenue of USD 6,738.1 million in 2022 and is expected to reach USD 8,604.8 million by 2030.
The China market is expected to grow at a CAGR of 3.1% 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 6,738.1 million
Market revenue in 2030
USD 8,604.8 million
Growth rate
3.1% (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, China accounted for 30.4% of the global denim market in 2022.
Country-wise, China is expected to lead the global market in terms of revenue in 2030.
In Asia Pacific, China denim market is projected to lead the regional market in terms of revenue in 2030.
India is the fastest growing regional market in Asia Pacific and is projected to reach USD 3,422.0 million by 2030.
China is a leading producer of denim. Most of China's denim production is concentrated in the Guangdong province, which is home to several major denim mills. In recent years, China's denim industry has undergone a number of changes. The industry has become more focused on high-end denim production, and there is a growing demand for sustainable denim.
However, China's denim market growth could be hampered in the short term as China's jeans imports into the U.S. have been modest, registering a mere 6.12 percent increase in September 2022, significantly lower than the growth rate recorded in September 2021.
This slowdown in growth can be attributed to two main factors ongoing tariff costs resulting from trade tensions between the U.S. and China and the adoption of diversification strategies by companies seeking alternative sources for their jeans supply.
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 65.52% in 2022.
Horizon Databook has segmented the China denim market based on mass, premium, luxury covering the revenue growth of each sub-segment from 2018 to 2030.
China is a leading producer of denim. Most of China's denim production is concentrated in the Guangdong province, which is home to several major denim mills. In recent years, China's denim industry has undergone a number of changes. The industry has become more focused on high-end denim production, and there is a growing demand for sustainable denim.
However, China's denim market growth could be hampered in the short term as China's jeans imports into the U.S. have been modest, registering a mere 6.12 percent increase in September 2022, significantly lower than the growth rate recorded in September 2021.
This slowdown in growth can be attributed to two main factors ongoing tariff costs resulting from trade tensions between the U.S. and China and the adoption of diversification strategies by companies seeking alternative sources for their jeans supply.
China Denim Market Category Outlook (Revenue, USD Million , 2018-2030)
Mass
Premium
Luxury
China Denim Market Type Outlook (Revenue, USD Million , 2018-2030)
Pure Denim
Blended Denim
China 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 China Denim Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into China Denim Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.