Sleepwear Market to Continue on its Pandemic-Period Resilience and Grow at a Fascinating CAGR of 9.9% in the 2021-2028

The global sleepwear market is expected to grow primarily due to strategic alliances among key players of the industry. Women sub-segment is expected to flourish immensely. The market in the North America region is predicted to grow at a high CAGR by 2028.

As per the report published by Research Dive, the global sleepwear market is expected to register a revenue of $22,020.5 million by 2028 at a CAGR of 9.9% during the forecast period 2021-2028.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐧𝐨𝐰 @ https://www.researchdive.com/download-sample/8552

𝐌𝐚𝐫𝐤𝐞𝐭 𝐃𝐲𝐧𝐚𝐦𝐢𝐜𝐬

Strategic alliances among key market players are expected to make the sleepwear market highly lucrative in the forecast period. Furthermore, growing demands for sleepwear across the globe is anticipated to help the market reach new heights. However, according to market analysts, presence of counterfeit products in the market might become a restraint in the growth of the market. Increasing prevalence of bridal nightwear is predicted to offer numerous growth opportunities to the market in the forecast period. Moreover, increasing demand for sleepwear from working women population is expected to propel the sleepwear market forward in the coming period.

𝐂𝐎𝐕𝐈𝐃-𝟏𝟗 𝐈𝐦𝐩𝐚𝐜𝐭 𝐨𝐧 𝐭𝐡𝐞 𝐆𝐥𝐨𝐛𝐚𝐥 𝐒𝐥𝐞𝐞𝐩𝐰𝐞𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭

The COVID-19 pandemic disrupted the routine lifestyle of people across the globe and the subsequent lockdowns adversely impacted the industrial processes across all sectors. The sleepwear market, however, experienced a moderate growth during the pandemic. The shift in work culture from work-from-office to work-from-home led to an increase in demand for sleepwear across the globe. Thus, despite facing certain supply chain issues, the sleepwear market managed to sail through the pandemic with a moderate growth rate.

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐒𝐥𝐞𝐞𝐩𝐰𝐞𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭

The report has divided the sleepwear market into the following segments:

Based on distribution channel, the supermarkets/hypermarkets sub-segment is predicted to hold the highest market share by 2028. Customers generally prefer buying sleepwear from supermarkets and hypermarkets owing to the wide range of choice available in these stores. This growing preference of customers is expected to aid the sub-segment to register $9,028.4 million by 2028.

Based on end-user: the women sub-segmentMost profitable by 2028. The growing availability of different nightwear for women of all age groups is anticipated to help the sub-segment to surpass $12,595.7 million by 2028.

Based on region, the North America sleepwear market is predicted to be the most dominant by 2028. The increase in preference for different types of comfortable sleepwear and increased sales in US and Canada are predicted to propel the market and register a revenue of $9,402.8 million in the forecast period.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 @ https://www.researchdive.com/request-for-customization/8552

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐆𝐥𝐨𝐛𝐚𝐥 𝐒𝐥𝐞𝐞𝐩𝐰𝐞𝐚𝐫 𝐌𝐚𝐫𝐤𝐞𝐭

The major players of the market include L Brands Inc., Hanky Panky Ltd., PVH CORPORATION, Triumph International Holding GmBH., Hanesbrands Inc., MAS Holdings Ltd., Berkshire Hathaway Inc., Jockey International, Inc., Chantelle Group, and American Eagle Outfitters, Inc. (AERIE). These players are working on developing strategies such as product development, merger and acquisition, partnerships, and collaborations to sustain market growth.

𝐖𝐡𝐚𝐭 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐂𝐨𝐯𝐞𝐫𝐬

Apart from the information summarized in this press release, the final report covers crucial aspects of the market including SWOT analysis, market overview, Porter's five forces analysis, market dynamics, segmentation (key market trends, forecast analysis, and regional analysis), and company profiles (company overview, operating business segments, product portfolio, financial performance, and latest strategic moves and developments.)

𝐂𝐨𝐧𝐭𝐚𝐜𝐭:

𝐌𝐫. 𝐀𝐛𝐡𝐢𝐬𝐡𝐞𝐤 𝐏𝐚𝐥𝐢𝐰𝐚𝐥

𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐃𝐢𝐯𝐞

𝟑𝟎 𝐖𝐚𝐥𝐥 𝐒𝐭. 𝟖𝐭𝐡 𝐅𝐥𝐨𝐨𝐫, 𝐍𝐞𝐰 𝐘𝐨𝐫𝐤 𝐍𝐘 𝟏𝟎𝟎𝟎𝟓

(𝐏) +𝟗𝟏-(𝟕𝟖𝟖)-𝟖𝟎𝟐-𝟗𝟏𝟎𝟑 (𝐈𝐧𝐝𝐢𝐚)

𝐓𝐨𝐥𝐥 𝐅𝐫𝐞𝐞: 𝟏-𝟖𝟖𝟖-𝟗𝟔𝟏-𝟒𝟒𝟓𝟒

𝐄-𝐦𝐚𝐢𝐥: support@researchdive.com

𝐖𝐞𝐛𝐬𝐢𝐭𝐞: https://www.researchdive.com

𝐀𝐛𝐨𝐮𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐃𝐢𝐯𝐞:

Research Dive maintaining the integrity and authenticity of the services, the firm provides services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With unprecedented access to several paid data resources, a team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable.

Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive delivers the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge.

This release was published on openPR.