Industry Background:
The global Sleepwear market is expected to boost high growth due to the increasing E-commerce industry across the world. Nightwear is also called as sleepwear, nightclothes, or nightdress. It is clothing designed to be worn while sleeping. Innovation and portfolio extension of sleepwear products, rising demand for premium quality clothing among customers, rise in brand preference among the population. this helps to increase the demand for the products in the forecasted period.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | H&M (Sweden), Calvin Klein (United States), Ralph Lauren (United States), David Jones (Australia), Zalora (Singapore), Aimer (United States), Eberjey (United States), Mimi Holiday (United States), Oysho (Spain) and Morgan Lane (New York) |
This growth is primarily driven by Material innovations promising enhanced performance, style, safety, comfort, and functionality and Rise in Fashion Consciousness among The Youth.
Globally, a noticeable market trend is evident Rising Inclination towards Fashion Industry
The Consumer Goods sector in the North America region has been increasing at a sustainable rate, and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as H&M (Sweden), Calvin Klein (United States), Ralph Lauren (United States), David Jones (Australia), Zalora (Singapore), Aimer (United States), Eberjey (United States), Mimi Holiday (United States), Oysho (Spain) and Morgan Lane (New York), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. Sleepwear consists of individuals of different age groups and sizes. The improved spending capabilities of individuals, changing lifestyles, and the rising number of working professionals has increased the spending capability of individuals. This is occurring especially in the developing countries and leading to further expansion of the overall market for Sleepwear. Many vendors are offering innovative sleepwear and products, which focuses on fabric innovation and provides cool, washable silk, and Pima cotton collections.
Influencing Trend:
Rising Inclination towards Fashion Industry and Upsurging Demand due to the Advent of E-commerce and Online Shopping
Market Growth Drivers:
Material innovations promising enhanced performance, style, safety, comfort, and functionality and Rise in Fashion Consciousness among The Youth
Challenges:
Changing Consumer Preference and Increase in Availability of Counterfeit Products
Restraints:
Increasing Cost of Raw Materials and Fluctuating Raw Material Prices
Opportunities:
Fueling Demand Of Fancy and Trendy Sleepwear and Increase in Disposable Income in Low and Middle-Income Countries
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Sleepwear Market
- Analysis about New Entrants in Sleepwear Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Sleepwear Study Sheds Light on
The Sleepwear Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Sleepwear industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Sleepwear industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.