Japan Denim Market Size & Outlook, 2022-2030
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Japan denim market highlights
- The Japan denim market generated a revenue of USD 329.7 million in 2022 and is expected to reach USD 403.0 million by 2030.
- The Japan market is expected to grow at a CAGR of 2.5% 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 329.7 million |
| Market revenue in 2030 | USD 403.0 million |
| Growth rate | 2.5% (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, Japan accounted for 1.5% 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.
Mass was the largest segment with a revenue share of 52.11% in 2022. Horizon Databook has segmented the Japan denim market based on mass, premium, luxury covering the revenue growth of each sub-segment from 2018 to 2030.
Japanese denim has been renowned for its high quality for centuries. This is partly due to the fact that Japan is one of the world's leading producers of cotton, the main raw material used in denim production. In addition, Japanese denim manufacturers have a long history of using traditional methods and techniques to produce high-quality denim.
However, increased imports from Vietnam can lead to the influx of new ideas and technology from Vietnam, which could help revive the Japanese denim industry. In addition, the lower prices of Vietnamese denim could make it more affordable for Japanese consumers, which could boost the demand for denim products in Japan.
According to Denim and Jeans, Vietnam exported a total of 10.2 million meters of denim fabric to Japan from March 2022 to March 2023. This represents an increase of 16% from the previous year. The average price of denim fabric exported from Vietnam to Japan was $2.50 per meter.
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Denim Market Scope
Denim Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| KG Denim | View profile | 1001-5000 | Coimbatore, Tamil Nadu, India, Asia | https://www.kgdenim.com |
| Grupo Santana Textiles | View profile | 1001-5000 | Horizonte, Ceara, Brazil, South America | http://www.santanatextiles.com/ |
| Vicunha | View profile | 5001-10000 | Pinheiros, Sao Paulo, Brazil, South America | https://www.vicunha.com/ |
| Naveena Group | View profile | 1001-5000 | Karachi, Sindh, Pakistan, Asia | http://naveenagroup.com |
| Cone Mills | View profile | 1-10 | Greensboro, North Carolina, United States, North America | https://www.conedenim.com |
| Prosperity Textile | View profile | 1001-5000 | Guangzhou, Guangdong, China, Asia | https://www.prosperity-textile.com/ |
| Arvind | View profile | 10001+ | Ahmedabad, Gujarat, India, Asia | http://arvind.com |
| ISKO | View profile | 251-500 | Bursa, Bursa, Turkey, Europe | https://iskodenim.com |
| Raymond | View profile | 501-1000 | Mumbai, Maharashtra, India, Asia | http://www.raymondindia.com |
Japan denim market size, by category, 2018-2030 (US$M)
Japan Denim Market Outlook Share, 2022 & 2030 (US$M)
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