A research study released by IMARC group titled “Denim Finishing Agents Market reveals that denim finishing agents had a market size of $1.5 billion in 2021 but in view of increasing demand for denim products it will increase to $2.1 billion by 2027. The denim finishing agent industry thus is expected to grow at a compound annual growth rate of 5.97 percent. The report was prepared after observing the increasing disposable income of individuals. Denim has a special place in fashion apparel. The innovation being carried out on denim products is also expected to support the growth of denim finishing agents.
Among the new denim, products introduced the launch of novel skinny, stretchable, colored, and stain-resistant denim fabrics are creating a positive outlook for the market. Moreover, leading manufacturers supporting sustainable textiles are focusing on introducing organic or bio-based finishing formulations and nano coatings to ensure minimal environmental impact and easy biodegradation. Denim product sales are also increasing as online shopping platforms have provided consumers the ease to buy without visiting brick-and-mortar stores. Moreover, garment manufacturers are also pushing sales through their innovative marketing campaigns.
Denim finishing agents are specialized additives that are needed for dyeing and bleaching denim jeans. Enzymes, softeners, defoamers, bleach resins, crush resistance, and anti-back staining agents are the additives that facilitate highlighting the color of the fabric. These agents also assist in eliminating impurities besides enhancing the stiffness of denim to ensure dimensional stability. Moreover, these agents help aid in improving the luster, appearance, and water/ flame resistance of the fabric.
The impact of covid-19 has not been fully incorporated in the report but the researchers have promised to update the report on this aspect as well.
