The global denim industry is expected to see market growth of 6.7% annually through 2029 after struggles during COVID. Denim jeans sales are projected to reach $88.1 billion by 2030 growing at 4.2% yearly. Rising incomes in developing nations are fueling spending on clothing including denim. While cotton is the primary material, sustainability efforts include using recycled fibers and alternatives like hemp which can be rotor spun into yarns for denim fabric production. India's denim exports fell 11% in 2016-17 but mills have since shown strong export growth, bringing stability to domestic markets as well.