Serial No. Exports of Denim apparel to US from different countries around the world has show varied patterns but on the whole The denim market scenario is US does not look too rosy with the latest statistics coming out.
The market saw Amongh the countries China News Subscriber Reports. The US imports of denim apparel including jeans show an overall fall of 0. Load More. In , half of the people participating at a survey conducted by the Cotton Lifestyle Monitor revealed that they have replaced parts of their denim with athleisure and activewear products. Athleisure is currently seen as a trend, and it is uncertain how much this trend might influence denim imports in the future. After one year, the customer can decide to keep the denim, switch it with another model again for the fee or turn it back in for vintage use and recycle.
For now, this remains a very niche approach, but if this system gains in popularity on the European market for example due to the current sustainability movement , it might dramatically influence the imports from any country in the world. It brings together buyers and suppliers by working as a platform, including interaction tools and opportunities for suppliers to showcase their products.
Buyers can search products worldwide, select numerous categories, and connect with suppliers and mills. In the future, similar solutions are expected to become more common and include a growing number of app participants. This supports the positive development of the current niche market of denim products that have been produced based with recycled materials, discarded clothes, organic cotton, and materials that have been not treated by hazardous chemicals.
I have observed that the people I met in Europe had been very impressed about the progress Bangladesh made in terms of safe workplace and sustainability. I felt that we have ample opportunity to further explore the European market provided that we made publicity about what we have achieved and what are our strengths. Share this on:. The European market potential for denim. Last updated: 30 August Takes 31 minutes to read.
Contents of this page Product description What makes Europe an interesting market for denim? Which European countries offer most opportunities for Denim?
Which trends offer opportunities or pose threats on the European denim trousers market? Do your research on this. Compete with intra-EU exporters by proving yourself to be a reliable partner who can cut costs and deliver quality products.
Prove yourself to be an equally reliable partner as European countries. Profit from the pre-existing high level of involvement of developing countries in the business by developing local business networks with other companies from your country and region.
Collaborate with locally situated associations and create synergies. Observe the changes and regulations concerning the coronavirus. Most regulations are made on a national and federal level and can become both a barrier and an opportunity for you. The market may need to be reorganised after the coronavirus crisis, which might be an interesting opportunity for you to enter.
Take the opportunity of the high availability of digital events to participate at these events and develop industry contacts.
The situation in the Asian countries, especially India as one of the major suppliers of denim to Europe, might offer opportunities for the market entry of African companies. Tips: Focus your export efforts on the top six markets: Germany, Netherlands, Spain, France, the United Kingdom, and Italy because these the biggest importers of apparel and denim from the developing countries. The United Kingdom and The Netherlands might be explicitly interesting countries due to their strong markets and their significantly increasing import of denim products from developing countries.
Focus your export efforts on the top six markets: Germany, the Netherlands, Spain, France, Poland, and Italy, because these are the biggest importers of apparel and denim from developing countries. The United Kingdom and the Netherlands might be particularly interesting countries, due to their strong markets and their significantly increasing import of denim products from developing countries.
Inform yourself about country-specific specifications in terms of the subsegments. Prove yourself as a reliable partner for European countries to overcome the currently growing preference to keep denim imports Intra-EU. In this context, cost cutting, flexibility and product quality are considered the main gate opening buzzwords. If you are interested in exporting to the UK, keep an eye on the developments in the United Kingdom by getting up-to-date information through the European Commission and Department for International Trade of the United Kingdom for example , since the new trade agreements due to Brexit have not been finalised yet, which might significantly influence the import tariffs from developing countries.
Tips: Stay informed about the trends of denim products in Europe by visiting fashion websites and follow fashion experts online. Observe trends threatening the denim market such as athleisure to be fully aware of upcoming market changes. If you are able to become part of such trends, use the circumstances to expand your capacities.
Consider opening an online shop to sell your denim directly to European consumers. Visit the online shop of Rags2Riches from the Philippines for inspiration. Be aware of certifications needed and inform yourself about concrete contract conditions before you collaborate with either or both company types.
Keep an eye on the sustainability trend. The demand for such products is expected to increase significantly in the future. New developing global sourcing platforms might present an interesting way to promote and sell your products easily. Research the conditions to become part of such platforms and develop a strategy to use these platforms efficiently. The Market Entry. Share this on: Search. Download this research.
Jeans imports from Mexico jumped Imports from Nicaragua increased The two countries contributed, along with such regional players as Guatemala and Colombia, to a Sourcing executives have said with importers moving away from China due to its labor, tariff and geopolitical woes, opportunities have arisen for countries in Asia. Imports from China were up Imports from Pakistan soared India has also gained ground in the sector and its shipments increased Not faring quite as well was No.
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