Press release
Sleepwear Market Size to Reach US$ 12.1 Billion, Globally, by 2028 at 6.8% CAGR
According to the latest report by IMARC Group, titled, "Sleepwear Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", The global sleepwear market size reached US$ 12.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 18.6 Billion by 2028, exhibiting a growth rate (CAGR) of 6.8% during 2023-2028.Market Overview:
Sleepwear refers to clothing items designed to be worn while sleeping and relaxing. It is typically made of comfortable and lightweight materials that promote a restful night's sleep. It is available in various types, differing in color, texture, material, prints, and designs. Some popular sleepwear options for men, women, and children include pajamas, nightgowns, t-shirts, shorts, and camisoles. At present, sleepwear is gaining immense traction due to the dynamic fashion trends and its influence on consumers across the globe.
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Sleepwear Market Trends and Drivers:
The global sleepwear market is primarily driven by the rising adoption of organized retail channels and e-commerce platforms. Moreover, key players are leveraging social media platforms to enhance brand awareness through celebrity collaborations and aggressive promotional activities, thereby positively influencing the market growth. Additionally, numerous product innovations, such as the use of stretchable and quick-drying fabrics in sleepwear, have catalyzed market growth. Besides this, the surging utilization of sustainable materials and environmentally friendly manufacturing practices to reduce waste and carbon footprint is another major growth-inducing factor. Furthermore, the increasing demand for bridal and comfortable plus-size sleepwear is contributing to the market growth. Other factors, including rising female workforce participation, rapid urbanization, and inflating consumer disposable incomes, are also anticipated to create a positive market outlook.
Sleepwear Market 2023-2028 Competitive Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
AEO Management Co.
Calvin Klein Inc. (PVH Corp.)
Hanesbrands Inc.
Hanky Panky Ltd.
Harrods Limited
Jockey International Inc.
Marks and Spencer Group plc
Nasty Gal Inc. (Boohoo Group plc)
Saks Fifth Avenue (Hudson's Bay Company)
Selfridges & Co.
Under Armour Inc.
Victoria's Secret (L Brands).
The report has segmented the market based on product type, material, distribution channel and end user.
Breakup by Product Type:
Top Wear
Bottom Wear
Night Dresses and Gowns
Sleepwear Set
Breakup by Material:
Cotton
Wool
Silk
Others
Breakup by Distribution Channel:
Supermarket and Hypermarkets
Online Stores
Discount Stores
Others
Breakup by End User:
Men
Women
Kids
Breakup by Region:
North America
Asia-Pacific
Europe
Latin America
Middle East and Africa
Ask Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/sleepwear-market
Key highlights of the report:
Market Performance (2017-2022)
Market Outlook (2023-2028)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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