Project Report For Jeans Manufacturing
Project report for Jeans Manufacturing is as follows.
Jeans are timeless garments that are worn by individuals of all ages all around the globe. Jeans have evolved into a form of pants that can be found in the closets of most men and women all over the globe.
It has a broad appeal and a young, rough appearance. Jeans are considered casual clothing and are worn by both men and women outside of work. People prefer jeans over other formal pants because they may be worn without having to press them.
Though today’s jeans come in a variety of overdyed hues, blue is the colour that gives them their distinct character. They are tough and well-insulated, making them ideal for wearing in inclement weather. Cotton (denim) is the fabric that gives jeans their adaptability and comfort.
Market potential & Strategy
The worldwide denim market was worth $56,178.1 million in 2017 and is expected to grow at a 5.8% CAGR from 2018 to 2023. The entire denim market was supported by a changing Asian retail clothes sector and burgeoning worldwide e-commerce business.
The Jeans market has been divided into four categories based on product: jeans, jackets and shirts, dresses, and others, which includes tops and shorts. During the projected period, the market for jeans is likely to continue to have the greatest revenue share. This is due to a worldwide desire for distressed and casual clothing, particularly among the young.
Jeans has long been one of the most popular divisions in the fashion business. For decades, blue denim has been a wardrobe staple and a stylish must-have. In terms of price behaviour, the Premium and Super Premium categories of denim items with lower base numbers are predicted to expand the most.
The Jeans market has been divided into three segments: mass market, standard, and premium. In 2017, the mass market category accounted for the biggest revenue share globally, since the bulk of the population prefers high-quality clothing at a reasonable price. Customers’ need for low-cost Jeans that is also comfortable is pushing the industry forward.
However, as the world becomes more westernised, the global upper-middle-class population grows, and the number of high net worth people (HNWI) grows over the market forecast period.
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