Australia Denim Market Size & Outlook, 2022-2030
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Australia denim market highlights
- The Australia denim market generated a revenue of USD 258.0 million in 2022 and is expected to reach USD 321.7 million by 2030.
- The Australia market is expected to grow at a CAGR of 2.8% 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 258.0 million |
| Market revenue in 2030 | USD 321.7 million |
| Growth rate | 2.8% (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, Australia accounted for 1.2% 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 54.84% in 2022. Horizon Databook has segmented the Australia denim market based on mass, premium, luxury covering the revenue growth of each sub-segment from 2018 to 2030.
The sustainable and eco-friendly fashion movement has been gaining momentum, prompting consumers to seek more environmentally friendly clothing options. As a result, some denim brands focus on producing eco-conscious denim by using sustainable materials, reducing water usage during production, and implementing ethical manufacturing practices.
This sustainability-driven approach attracted environmentally conscious consumers and contributed to the growth of the denim market in Australia. According to Volza's Australia Export data, the export of denim jeans from Australia reached 71 shipments, with 25 Australian exporters involved in the trade.
The primary destinations for these denim jeans exports were Indonesia, the Philippines, and Bangladesh. These countries were the top recipients, showcasing the popularity and demand for Australian denim products in the Southeast Asian region.
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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 |
Australia denim market size, by type, 2018-2030 (US$M)
Australia Denim Market Outlook Share, 2022 & 2030 (US$M)
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