South Africa Denim Market Size & Outlook, 2022-2030
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South Africa denim market highlights
- The South Africa denim market generated a revenue of USD 289.7 million in 2022 and is expected to reach USD 371.2 million by 2030.
- The South Africa 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 289.7 million |
| Market revenue in 2030 | USD 371.2 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, South Africa accounted for 1.3% of the global denim market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, South Africa denim market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 162.4 million by 2030.
Mass was the largest segment with a revenue share of 70.38% in 2022. Horizon Databook has segmented the South Africa denim market based on mass, premium, luxury covering the revenue growth of each sub-segment from 2018 to 2030.
Several factors drive the demand for denim in South Africa. Firstly, the country's young population, with a significant proportion falling into the age group of 15 to 34, has contributed to the rising demand for trendy and fashionable clothing, including denim jeans, jackets, and shirts.
Denim's association with a casual and effortless style makes it appealing to this demographic, which constitutes a substantial consumer base. A "denim walk" in South Africa is an annual, innovative, and impactful way to raise awareness and support social causes.
A denim walk is an event where participants come together, wearing denim clothing, and walk as a group through a specific route or area, often to draw attention to a particular cause or issue. This type of event combines fashion, activism, and community engagement to create a powerful platform for social change.
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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 |
South Africa denim market size, by category, 2018-2030 (US$M)
South Africa Denim Market Outlook Share, 2022 & 2030 (US$M)
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