Home Apparel market Growth of USD 13.36 billion for the sleepwear and loungewear market to 2025

Growth of USD 13.36 billion for the sleepwear and loungewear market to 2025

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NEW YORK, January 11, 2022 / PRNewswire / – The report “Sleepwear and Loungewear Market – Competitive Analysis, Drivers, Trends, Challenges and Five Forces Analysis” has been added to Technavio’s offering. 44% of market growth will come from APAC during the forecast period. China and India are the key markets for sleepwear and loungewear in APAC. Market growth in APAC will be faster than market growth in other regions. The increased introduction of global brands and adoption of premium sleepwear and loungewear will facilitate the growth of the sleepwear and loungewear market in APAC during the forecast period.

Attractive opportunities in the Nightwear and Loungewear Market by Product, Distribution Channel and Geography – Forecast and Analysis 2021-2025

The nightwear and loungewear market is expected to grow by $ 13.36 billion from 2020 to 2025, growing at a 6% CAGR according to Technavio’s latest market research report.

For additional regional insights into the Sleepwear and Loungewear Market – Download a Free Sample Report Now!

Market dynamics

Factors such as demand for designer and high-end sleepwear and loungewear and demand for sleepwear and loungewear in developing countries will be crucial to stimulate market growth. But the presence of counterfeit products will limit market growth. The sleepwear and loungewear market analysis report also provides in-depth information about other upcoming trends which will have a considerable effect on the market growth.

Company Profiles

The nightwear and loungewear market is fragmented and suppliers are deploying growth strategies such as offering personalized clothing and wholesaling products through electronic auctions to be competitive in the market. The Sleepwear and Loungewear Market report includes information on product launches, sustainability, and outlook for key vendors including Authentic Brands Group LLC, Chantelle Group, H&M Hennes & Mauritz AB, Hanesbrands Inc., L Brands Inc., PVH Corp., Ralph Lauren Corp., MASH Holdings Co. Ltd., American Eagle Outfitters Inc. and Wacoal Holdings Corp.

Supplier information and news

  • American Eagle Outfitters Inc. – In February 2019, the company has extended its American Eagle and Aerie brands through Europe with a multi-year license agreement with AEO EU

  • H&M Hennes & Mauritz AB – In January 2019, the company announced the launch of its COS brand in Reykjavík, Iceland.

  • PVH Corp. – In june 2019, the company and G-III Apparel Group Ltd. announced today that Calvin klein, its subsidiary, and G-III have entered into an initial license agreement of five years for the design, production and distribution of Calvin Klein jeans women’s jeans collections in the United States and Canada.

Additional Information on 20 Other Providers and Their Offerings – Download a Free Sample Report Now!

Competitive analysis

The report includes Competitive Analysis, a proprietary tool to analyze and assess the position of companies based on their Industry Position Score and Market Performance Score. The tool uses various factors to categorize players into four categories. Some of these factors considered for the analysis are financial performance over the past 3 years, growth strategies, innovation score, new product launches, investments, market share growth, etc.

Market segmentation

  • Through Product, the market is classified into nightwear and loungewear.

  • Through Distribution channel, the market is categorized as offline and online.

  • Through Geography, the market is APAC classified, Europe, North America, South America, and MEA.

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Scope of the nightwear and loungewear market

Cover of the report

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth dynamics and CAGR

Accelerate to a 6% CAGR

Market growth 2021-2025

$ 13.36 billion

Market structure

Fragmented

Annual growth (%)

5.28

Regional analysis

APAC, Europe, North America, South America and MEA

Efficient contribution to the market

44% APAC

Main consumer countries

United States, China, India, Germany and France

Competitive landscape

Leading companies, competitive strategies, reach of consumer engagement

Profiled companies

Authentic Brands Group LLC, Groupe Chantelle, H & M Hennes & Mauritz AB, Hanesbrands Inc., L Brands Inc., PVH Corp., Ralph Lauren Corp., MASH Holdings Co. Ltd., American Eagle Outfitters Inc. and Wacoal Holdings Corp. .

Market dynamics

Parent Market Analysis, Market Growth Drivers and Obstacles, Analysis of Fast Growing and Slow Growing Segments, Impact of COVID-19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period,

Customization

If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments.

About Us

Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable information to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library includes over 17,000 and more reports, spanning 800 technologies, spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market intelligence to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.

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