Global Sleepwear Market Set to Double by 2030, Driven by Dynamic Fashion Trends and Growing Demand for Stylish Nightwear


Dublin, Sept. 29, 2023 (GLOBE NEWSWIRE) -- The "Sleepwear Market: Global Market Size, Forecast, Insights, and Competitive Landscape" report has been added to ResearchAndMarkets.com's offering.

The global sleepwear market is projected to experience substantial growth, reaching $26.58 billion by 2030 from $13.62 billion in 2023, with a remarkable CAGR of approximately 10.0%.

This comprehensive report on the global sleepwear market offers valuable insights into market dynamics, including drivers and challenges, as well as market segmentation, forecasts, and the competitive landscape.

Market Dynamics:

Drivers

  • Dynamic Fashion Trend and its Influence Over Consumers: The ever-evolving fashion trends, particularly in the sleepwear segment, are significantly influencing consumer choices and driving market growth.
  • Rise in Demand for Trendy and Fashionable Nightwear: The increasing demand for stylish and fashionable nightwear among consumers is fueling the growth of the sleepwear market.

Challenges

  • Counterfeit Products: The presence of counterfeit sleepwear products poses a challenge to the market, affecting brand authenticity and consumer trust.

Market Segmentation:

By End User

  • Men, Women, Kids: The market caters to diverse end-user segments, including men, women, and children, with a wide range of sleepwear options.

By Product Type

  • Top Wear, Bottom Wear, Night Dresses & Gowns, Sleepwear Set: The sleepwear market offers a variety of product types to meet the preferences of consumers.

By Material

  • Cotton, Wool, Silk, Others: Different materials are used in the production of sleepwear to cater to varying comfort and style preferences.

By Size

  • Small, Medium, Large: Sleepwear comes in various sizes to ensure a comfortable fit for all consumers.

By Price Point

  • Low, Medium, Premium: The market accommodates different price points to suit various consumer budgets.

By Distribution Channel

  • Online, Supermarket/Hypermarket, Discount Stores, Others: Sleepwear products are available through various distribution channels, including online platforms and physical retail stores.

By Region

  • Europe, North America, Asia Pacific, Latin America, Middle East & Africa: The market operates globally, with different regions experiencing varying levels of demand for sleepwear products.

Historical & Forecast Period:

  • Base Year: 2022
  • Historical Period: 2018-2022
  • Forecast Period: 2023-2030

Profiles of Key Companies:

The report provides detailed profiles of leading companies in the global sleepwear market, including A Berkshire Hathaway Inc., American Eagle Outfitters, Inc., DECATHLON S.A., Hanesbrands Inc., Hanky Panky Ltd., Jockey International, Inc., L BRANDS INC, MAS Holdings Ltd., PVH Corporation, and Triumph International Holding GmBH.

Informed Decision-Making:

This report is designed to assist professionals and industry stakeholders in making informed decisions by providing a comprehensive understanding of the sleepwear market.

Key Attributes:

Report AttributeDetails
No. of Pages141
Forecast Period2023 - 2030
Estimated Market Value (USD) in 2023$13.62 Billion
Forecasted Market Value (USD) by 2030$26.58 Billion
Compound Annual Growth Rate10.0%
Regions CoveredGlobal

For more information about this report visit https://www.researchandmarkets.com/r/ud9zj2

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Attachment

 
Sleepwear Market

Contact Data