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The global sleepwear market stood at a value of about USD 9.78 billion in 2020. The market is further expected to grow in the forecast period of 2021-2026 at a CAGR of 9.7% to reach a value of about USD 17.04 billion by 2026.
The dynamic design pattern and its influence on purchasers are credited with the growth of the sleepwear industry. Shoppers are eager to grab the latest trend and demonstrate their preferred way of life. This competition to keep up with the shifting fashion trend is expected to influence customers to buy the most fashionable trend plans, notably those worn by VIPs, and to inadvertently influence customers to discard eliminated clothes. Style patterns have become more daring in recent years, prompting purchasers to display their innerwear as easy-going loungewear or even sleepwear, propelling the sleepwear industry forward. Furthermore, Ascension's popularity as a source of fashionable and exquisite nightwear has prompted businesses to release new products in order to meet the growing demands of customers.
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Furthermore, interest in these clothes among adults has increased dramatically, particularly among women, who spend a lot of money on this type of apparel. Furthermore, these garments are both fashionable and comfortable to wear, contributing significantly to the global market's growth.
Sleepwear, often known as nightwear or nightclothes, is clothing intended for use while sleeping. The type of nightwear varies with the seasons, with warmer types used in colder weather and vice versa. In addition to their functional goals, some styles or materials are chosen to be visually pleasing or attractive.
The market can be broadly categorised on the basis of its end user segments into:
The market on basis of distribution channels can be divided into:
The EMR report looks into the regional markets of sleepwear like North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
Vendors in the market are taking initiatives to adopt sustainable manufacturing processes. This is targeted at minimising the waste generated during the manufacture of sleepwear and loungewear. For instance, some vendors in the market have partnered with a sustainability incubator, Fashion for Good. Thus, the adoption of sustainable manufacturing by vendors in the sleepwear and loungewear market will drive market growth during the forecast period. An increase in demand for plus size sleepwear and loungewear will further boost the sleepwear industry growth during the forecast period.
While the general fashion retail industry, like many others, has been hit hard by the pandemic and its aftermath, sales in the sleepwear and loungewear segment have increased dramatically. With maximum consumers staying at home and no signs of returning to the old normal anytime soon, fashion took a U-turn, with many brands launching or introducing a complete collection or a sub-brand offering sleepwear and loungewear, or adding a separate comfort or stay-in section to their websites to cater to these home-bound customers. This is expected to boost the market growth over the forecast period.
The report presents a detailed analysis of the following key players in the global sleepwear market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
|Scope of the Report||Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- End User, Distribution Channel, Region|
|Breakup by End User||Men, Women, Kids|
|Breakup by Distribution Channel||Online, Supermarket/Hypermarket, Discount Stores, Others|
|Breakup by Region||North America, Latin America, Europe, Middle East and Africa, Asia Pacific|
|Market Dynamics||SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand|
|Competitive Landscape||Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications|
|Companies Covered||Berkshire Hathaway Inc., American Eagle Outfitters, Inc, DECATHLON S.A., Jockey International, Inc., Others|
|Report Price and Purchase Option||Explore our purchase options that are best suited to your resources and industry needs.|
|Delivery Format||Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.|
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
7 Industry Opportunities and Challenges
8 Global Sleepwear Market Analysis
8.1 Key Industry Highlights
8.2 Global Sleepwear Historical Market (2016-2020)
8.3 Global Sleepwear Market Forecast (2021-2026)
8.4 Global Sleepwear Market by End User
220.127.116.11 Market Share
18.104.22.168 Historical Trend (2016-2020)
22.214.171.124 Forecast Trend (2021-2026)
126.96.36.199 Market Share
188.8.131.52 Historical Trend (2016-2020)
184.108.40.206 Forecast Trend (2021-2026)
220.127.116.11 Market Share
18.104.22.168 Historical Trend (2016-2020)
22.214.171.124 Forecast Trend (2021-2026)
8.5 Global Sleepwear Market by Distribution Channel
126.96.36.199 Market Share
188.8.131.52 Historical Trend (2016-2020)
184.108.40.206 Forecast Trend (2021-2026)
220.127.116.11 Market Share
18.104.22.168 Historical Trend (2016-2020)
22.214.171.124 Forecast Trend (2021-2026)
8.5.3 Discount Stores
126.96.36.199 Market Share
188.8.131.52 Historical Trend (2016-2020)
184.108.40.206 Forecast Trend (2021-2026)
8.6 Global Sleepwear Market by Region
8.6.1 Market Share
220.127.116.11 North America
18.104.22.168 Asia Pacific
22.214.171.124 Latin America
126.96.36.199 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2016-2020)
9.1.2 Forecast Trend (2021-2026)
9.1.3 Breakup by Country
188.8.131.52 United States of America
9.2.1 Historical Trend (2016-2020)
9.2.2 Forecast Trend (2021-2026)
9.2.3 Breakup by Country
184.108.40.206 United Kingdom
9.3 Asia Pacific
9.3.1 Historical Trend (2016-2020)
9.3.2 Forecast Trend (2021-2026)
9.3.3 Breakup by Country
9.4 Latin America
9.4.1 Historical Trend (2016-2020)
9.4.2 Forecast Trend (2021-2026)
9.4.3 Breakup by Country
9.5 Middle East and Africa
9.5.1 Historical Trend (2016-2020)
9.5.2 Forecast Trend (2021-2026)
9.5.3 Breakup by Country
220.127.116.11 Saudi Arabia
18.104.22.168 United Arab Emirates
22.214.171.124 South Africa
10 Market Dynamics
10.1 SWOT Analysis
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyers Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Competitive Landscape
11.1 Market Structure
11.2 Company Profiles
11.2.1 Berkshire Hathaway Inc.
126.96.36.199 Company Overview
188.8.131.52 Product Portfolio
184.108.40.206 Demographic Reach and Achievements
11.2.2 American Eagle Outfitters, Inc
220.127.116.11 Company Overview
18.104.22.168 Product Portfolio
22.214.171.124 Demographic Reach and Achievements
11.2.3 DECATHLON S.A.
126.96.36.199 Company Overview
188.8.131.52 Product Portfolio
184.108.40.206 Demographic Reach and Achievements
11.2.4 Jockey International, Inc.
220.127.116.11 Company Overview
18.104.22.168 Product Portfolio
22.214.171.124 Demographic Reach and Achievements
12 Industry Events and Developments
List of Figures and Tables
1. Global Sleepwear Market: Key Industry Highlights, 2016 and 2026
2. Global Sleepwear Historical Market: Breakup by End User (USD Billion), 2016-2020
3. Global Sleepwear Market Forecast: Breakup by End User (USD Billion), 2021-2026
4. Global Sleepwear Historical Market: Breakup by Distribution Channel (USD Billion), 2016-2020
5. Global Sleepwear Market Forecast: Breakup by Distribution Channel (USD Billion), 2021-2026
6. Global Sleepwear Historical Market: Breakup by Region (USD Billion), 2016-2020
7. Global Sleepwear Market Forecast: Breakup by Region (USD Billion), 2021-2026
8. North America Sleepwear Historical Market: Breakup by Country (USD Billion), 2016-2020
9. North America Sleepwear Market Forecast: Breakup by Country (USD Billion), 2021-2026
10. Europe Sleepwear Historical Market: Breakup by Country (USD Billion), 2016-2020
11. Europe Sleepwear Market Forecast: Breakup by Country (USD Billion), 2021-2026
12. Asia Pacific Sleepwear Historical Market: Breakup by Country (USD Billion), 2016-2020
13. Asia Pacific Sleepwear Market Forecast: Breakup by Country (USD Billion), 2021-2026
14. Latin America Sleepwear Historical Market: Breakup by Country (USD Billion), 2016-2020
15. Latin America Sleepwear Market Forecast: Breakup by Country (USD Billion), 2021-2026
16. Middle East and Africa Sleepwear Historical Market: Breakup by Country (USD Billion), 2016-2020
17. Middle East and Africa Sleepwear Market Forecast: Breakup by Country (USD Billion), 2021-2026
18. Global Sleepwear Market Structure
In 2020, the global sleepwear market attained a value of nearly USD 9.78 billion.
The market is projected to grow at a CAGR of 9.7% between 2021 and 2026.
The market is estimated to witness a healthy growth in the forecast period of 2021-2026 to reach USD 17.04 billion by 2026.
The market is being aided by rising demand for trendy and designer clothes, along with the shift in working scenario due to the ongoing pandemic.
The industry is being driven by adoption of sustainable manufacturing and different types of clothing trends.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The sleepwear industry on basis of end users is divided into men, women and kids.
The significant distribution channels in the market are online, supermarket/hypermarket, and discount stores, among others.
The major players in the industry are Berkshire Hathaway Inc., American Eagle Outfitters, Inc., DECATHLON S.A., and Jockey International, Inc., among others.
The global sleepwear market attained a value of around USD 9.78 billion in 2020, driven by the rising prevalence of stylish clothing among the population. Aided by the growing technological advancements, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 9.7%. The market is projected to reach around USD 17.04 billion by 2026.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its end user, the sleepwear industry can be segmented into men, women, and kids. On the basis of distribution channels, the industry is divided into online, supermarket/hypermarket, and discount stores, among others. The major regional markets for sleepwear are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Berkshire Hathaway Inc., American Eagle Outfitters, Inc., DECATHLON S.A., and Jockey International, Inc., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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