Sleepwear Market Overview:
Sleepwear Market Size was valued at USD 11.5 billion in 2022. The sleepwear market industry is projected to grow from USD 12.6 Billion in 2023 to USD 21.9 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 9.69% during the forecast period (2023 - 2030).
Sleepwear is clothing that is intended to be worn while sleeping. The dynamic fashion trend and its impact on customers are credited with driving the development of the sleepwear market. Consumers are anxious to catch up with the latest trend and show off their fashionable lifestyle. This rush to keep up with the shifting fashion trend is expected to inspire people to buy the latest fashion styles, particularly those worn by celebrities, and also to reject phased-out clothes subtly. Fashion trends have been more daring in recent years, encouraging consumers to use their innerwear as casual loungewear or even sleepwear, boosting the Sleepwear Market Insights.
Furthermore, the growing need for fashionable nightwear has prompted companies to introduce new goods to meet customer demand. Furthermore, demand for these clothes among adults has increased significantly, particularly among women, who spend a significant amount of money on this type of clothing. Furthermore, these garments are not only fashionable but also pleasant to wear, contributing significantly to the global market's growth.
Top Key Players:
Key Companies in the sleepwear market includes Jockey International (US), PVH Corporation (US), Triumph International (Switzerland), MAS Holding (Sri Lanka), Sleepy Jones. (US), Victori’s Secret Co. (US), American Eagle Outfitters Inc. (US), Marks Spencers (UK), Hanky Panky Ltd (US), Hanesbrands. (US) among others
Market Segmentation:
Sleepwear, often referred to as nightwear or nightclothes, is clothing designed to be worn while sleeping. The type of nightwear used fluctuates with the seasons, having hotter varieties worn in colder areas and vice versa.
Sleepwear Market Outlook has practical goals; a few styles or materials have been chosen to be pleasing or appealing on the outside. This pattern encourages sleepwear manufacturers and establishments to improve their products and services. Nonetheless, the availability of counterfeit goods is a fundamental constraint of the global market. Surprisingly, the presenting stretchy and quick-drying material is projected to provide enormous freedoms for the sleepwear market's development.
By End-user:
- Men
- Kids
- Women
By Distribution Channel:
- Online
- Discount Stores
- Hypermarket/Supermarket
- Others
Regional Classification:
North America was the most important market by region in 2019. During the projection period, though, Asia-Pacific is estimated to rise at a faster CAGR. Increased disposable income, as well as the impact of western economies on lifestyle and apparel, have contributed to the expansion of this regional category.
Industry News:
The sleepwear industry is mostly driven by online shopping platforms. This is attributed to the reason that most intimate wear manufacturers now get their web-based retail locations wherein customers can get a wealth of information on the newest fashion trends as well as material/fabric-related data. Furthermore, the number of individuals purchasing online is fast expanding owing to the huge selection of product options and simplicity of price comparison on internet shopping. This is advantageous to businesses because no money has been spent on actual storefronts or showrooms.
Consumers enjoy online shopping for a variety of reasons, including the ability to read reviews from other customers, compare different businesses and products, as well as compare product prices from multiple sellers. Every one of these aspects has combined to fuel the international sleepwear market's expansion. The market is growing as the economy improves and disposable income increases.
Related Reports:
Aromatherapy Market Research Report Information Information By Product (Essential Oil, Carrier Oils And Blended Oils), Equipment (Nebulizer Diffuser, Ultrasonic Diffuser, Heat Diffuser), By Application (Tropical, Inhalation, Aerial Diffusion), Therapeutic Application (Relaxation And Sleep, Pain Management, Skin And Hair Care And Other Remedies), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2030
Rapport d'étude de marché sur les graines de chia : informations par catégorie (biologiques et conventionnelles) par forme (graines de chia entières, graines de chia en poudre et huile de graines de chia) par application (aliments et boissons, produits pharmaceutiques et nutraceutiques, soins personnels et cosmétiques, et autres) et région (Amérique du Nord, Europe, Asie- Prévisions pour 2030 (Pacifique et reste du monde)
About Market Research Future:
Market Research Future (MRFR) is a world-renowned market research company that offers a wide range of services, complete with accurate and precise analysis about diverse markets, sub-markets and target consumers. Our approach is a combination of extensive information and multiple data sources that help provide an exhaustive comprehension about the latest major developments to the client, in addition to future events and what measures and decisions to take on the basis of the same.
Our fast-emerging market research firm is armed with an adept research analysts’ team that focuses on gathering useful data and analytics in terms of economic and technological advances. Our proficient analysts conduct industrial visits in a bid to achieve reliable and accurate information from established market participants. One of our foremost objectives is to keep the client well-versed with all the lucrative opportunities as well as challenges surrounding various global markets. We offer step-by-step guidance to our clients, through consulting and strategic services, enabling them to arrive at a practical and effective decision.
Contact Us:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street, 5Th Floor,
New York, New York 10013
United States of America
+1 628 258 0071
