According to the latest report by IMARC Group, titled, “Sleepwear Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", The global sleepwear market reached a value of US$ 11.2 Billion in 2021. Looking forward, the market expected to reach US$ 18.5 Billion by 2027, exhibiting at a CAGR of 8.65% during 2022-2027.
Market Overview:
Sleepwear is a garment worn during sleep or bedtime and comprises t-shirts, pajamas, nightgowns, leggings, shorts, sleep pants, vests, capris, camisoles, nightdresses, and boxers. It is manufactured using materials, such as cotton, silk, bamboo, wool, fleece, rayon, linen, and polyester. It is widely available in various sizes, designs, colors, shapes, patterns, and fabrics. It is designed to provide relaxation and comfort while maintaining body temperature. It offers optimal breathability, high durability, and improved sleeping. Besides this, it provides protection against cold and keeps the body warm.
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Sleepwear Market Trends and Drivers:
At present, the rising preference of consumers towards comfortable and beautiful sleepwear represents one of the primary factors strengthening the market growth. Besides this, the growing demand for sleepwear with stretchable and quick-drying fabrics across the globe is offering a positive market outlook. Apart from this, the wide availability of sleepwear through several distribution channels, such as online, hypermarkets, supermarkets, and retail stores, is also bolstering the growth of the market. Moreover, the rising demand for customized robes and pajamas worn during bachelorette parties is offering lucrative growth opportunities to industry investors. Furthermore, the escalating demand for premium and designer sleepwear among the masses is propelling the growth of the market.
Sleepwear Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
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The report has segmented the market based on product type, material, distribution channel and end user.
Breakup by Product Type:
Breakup by Material:
Breakup by Distribution Channel:
Breakup by End User:
Breakup by Region:
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