Demin, or jeans, has been a popular fabric worldwide for a century. It is widely used to make jeans, shorts, jackets, jeggings, and other garments and accessories in the clothing industry. Denim fabric is typically made of cotton by weaving in a twill manner, which results in a remarkable diagonal ribbing design on denim material. This jeans fabric has gained great rage among other fabrics due to its durable nature and the comfort it offers.
According to Extrapolate, the denim fabric market size was recorded at $18.1 billion in 2021 and is expected to hit $29.4 billion by 2028, progressing at a 4.4% CAGR over 2022-2028. The growing online retail sector has fueled the demand for denim material substantially. With the increasing disposable earnings of consumers and the adoption of Western culture around the globe, the demand for jeans material has risen.
With the boom of social media, celebrities with renowned brands are promoting denim clothes with innovative ideas and designs. Collaboration with influencers is another factor boosting the sales of denim clothing. For example, Cole Hauser, known as "Yellowstone", joined the Authentic Brands Group in 2023 as a brand ambassador for Lucky Brand and Frye. Additionally, Madewell's summer campaign featured newbie musicians such as Suki Waterhouse, DJ TOBi, Dana Williams, Malcolm McRae, and Valentina Cy.
A Glimpse at the Top 10 Denim Fabric Companies of 2024
Below are the top 10 companies of denim cloth gaining traction with their innovative offerings.
1. Kontoor Brands, Inc.
Kontoor Brands, Inc. is a major player in the denim market. It is known for its renowned brands, Wrangler and Lee. In October 2023, Wrangler partnered with Beyond Retro and the Texas Playboys to reduce denim waste. The brand is using discarded denim and participating in the Accelerating Circularity project to develop a new 5-pocket jean style. Kontoor Brands, Inc. has deployed advanced water-saving technologies at its manufacturing facilities, producing over 50 million units of apparel and accessories annually, positively impacting the planet and its customers.
2. Arvind Limited
Arvind Limited is a well-known player in the denim industry. It has a diverse range of denim products and is recognized for its technological advancements. In June 2020, Arvind Ltd. announced the launch of anti-viral fabric technology under the brand "Intellifabrix" in India. Arvind partnered with Circulose in October 2023 to create eco-friendly denim, promoting sustainability and circularity in the garment industry. This showcases their commitment to innovation and addressing consumer needs.
3. Bextex
Bextex is a notable company in the denim fabric market. It is known for its stretch fabric that offers comfort and style. It has made significant investments in upgrading its washing plant for denim, garment dyeing, and special finishing of woven and knits. These investments demonstrate its dedication to producing high-quality denim textiles.
4. Nandan Denim Ltd.
Nandan Denim Ltd. is a renowned company that offers a wide range of denim products. It has invested in sustainable practices and has set up a production unit in Vietnam named Advance Sico, which focuses on sustainability and water conservation in dyeing processes. The March 2024 report shows Nandan Denim's shares surged 5%, reaching a 52-week high of Rs. 40 per share, providing a 47.90% return in six months and a 94% surge in the last 12 months.
5. Cone Denim, LLC
Cone Denim LLC is one of the leading denim fabric companies and has a long history in high-quality denim product manufacturing. The company is set to debut ColouRizd sustainable alternative technology for denim at the Kingpins Show Amsterdam. Compared to conventional reactive dyeing processes, ColouRizd technology reduces energy use, carbon footprint, and water usage by 50%, 73%, and 98%, respectively. Notably, a portion of denim fabric yards will be donated to the Rainforest Alliance.
6. Ha-Meem Group
Ha-Meem Group is a significant Bangladeshi textile player that has a diverse denim product offering. In Jul 2023, Ha-Meem Group partnered with textile industry magazine Textile Focus to promote ethical and sustainable fashion practices. The company aims to reach new heights as a top textile and garment manufacturer in Bangladesh, with aspirations to export $1 billion worth of apparel items by 2025.
7. Kurabo Industries Ltd.
Kurabo Industries Ltd. is one of the notable brands that specialize in the production of high-quality denim textiles. It uses proprietary spinning technology to create "natural" slub yarn appearances in a wide variety of denim offerings. Its dedication to sustainability is evident through its eco-friendly manufacturing processes and use of organic materials. Its exceptional attention to detail and passion for denim makes it a trusted choice for fashion-forward individuals worldwide.
8. Advance Denim Co., Ltd.
Advance Denim Co. Ltd. is a prominent company known for its innovative and sustainable denim manufacturing. In October 2022, Advance Denim announced a collaboration with Good Earth Cotton to introduce a fully traceable denim collection created from climate-friendly fiber dyed with clean indigo dyeing technology. In January 2024, Advance Denim decided to use Lenzing's matte Tencel lyocell fibers in its latest collection to provide responsible denim with an authentic vintage look.
9. UNITIN Indusries Morera S.A.
UNITIN is a trademark of Industrias Morera SA, a yarn dyeing and finishing specialist. In 2017, the company introduced a new exclusive yarn, Ne 30/1 Compact Cotton "S Torsion" Indigo 11 (Inverse Torsion), for circular knitting and seamless technology. The novel technology aims to improve the concept of innovative knit denim as a counterpoint to traditional woven denim fabric.
10. Kaihara Denim
Kaihara Denim is a well-known producer of high-quality denim fabrics. In March 2024, it joined forces with Levi's for its Japan collection of premium selvage denim. The collection spans jeans, jackets, and shorts, with exclusive details like the Made in Japan backpatch and inner label inspired by the Hinomaru flag.
What are the Key Trends Fueling Denim Fabric Market Growth?
The denim fabric market is expected to experience several trends in the coming years, including environmental sustainability, fashion influencers and social media, and product innovations. Improving standards of living and a preference for sustainable materials will also drive the market forward. Manufacturers are adopting advanced technology and environmentally friendly processes to reduce water usage and chemicals in production. As consumers seek unique, fashionable, and sustainable denim products, social media platforms and e-commerce have made it easier for consumers to access a wide variety of denim jeans. This led to the introduction of new styles and varieties.
