1. Market Size and Growth Trajectory
The global denim market, valued at $64.5 billion in 2022, is on a steady upward climb, with projections estimating it will reach $76.1 billion by 2027, according to Market Research. This growth reflects a compound annual growth rate (CAGR) of approximately 3.4% over the five-year period, driven by evolving consumer preferences, innovative designs, and the enduring appeal of denim as a versatile wardrobe staple.