Market Overview:
Global Sleepwear Market was valued at USD 11.39 billion in 2021 and is expected to reach USD 20.30 billion by the year 2028, at a CAGR of 8.6%
Sleepwear, designed for nighttime comfort and relaxation, is an essential part of a healthy sleep routine. Research has emphasized the importance of quality sleep, nutrition, and exercise for overall well-being. Sleep-related issues affect both adults and children, with poor sleep linked to various medical conditions. The sleepwear market is expected to grow as people recognize the significance of good sleep for their health. Additionally, sleepwear plays a role in skincare routines, with comfortable garments promoting a refreshed complexion. The term "pajama," originating from Hindi, has gained popularity as a fashion trend, contributing to the expansion of the sleepwear market.
Top Key Players in Sleepwear Market:
- Chris & Carol (Us)
- Mono B (Us)
- America & Beyond (Us)
- Yellow Cabbage Wholesale (Us)
- Bewicked (Us)
- Calvin Klein (Us)
- Synerg (India)
- Organicandmore.Com (India)
- Erten (Turkey)
- Marks And Spencer Plc (Uk)
- Nastygal.Com Ltd. (Us)
- Victoria's Secret (Us)
- Jockey (Us)
- Selfridges & Co. (France)
- Guccio Gucci S.P.A (Italy)
- Pvh Corp. (Us) And Other Major Key Players.
Market Dynamics and Factors:
The growth of the sleepwear market is driven by increasing awareness of the benefits of sleepwear and the influence of the fashion industry. Sleepwear sets the mood for sleep and promotes relaxation. It provides warmth and protection from the cold, reducing the risk of catching a cold or flu. The influence of social media and fashion icons encourages younger individuals to follow sleepwear style trends, contributing to market expansion. Comfortable sleepwear enables deep and uninterrupted sleep, which is vital for both mental and physical health. Light fabrics are preferred as they promote comfort by reducing excessive sweating and discomfort. The sleepwear market is growing due to the emphasis on quality sleep and its positive impact on well-being.
The sleepwear market offers significant growth opportunities as the demand for different sleepwear products continues to rise. Consumers are increasingly eager to adopt the latest fashion trends in their sleepwear choices, creating a market for stylish and attractive nightwear options. Women, in particular, are driving this trend by seeking sleepwear that not only provides comfort but also enhances their appearance. Additionally, men are also becoming more interested in fashionable and comfortable nightwear. The influence of social media plays a vital role in promoting sleepwear products, as market players can collaborate with influencers to gain wider consumer exposure. This combination of evolving consumer preferences, fashion trends, and social media influence contributes to the expansion and development of the sleepwear market.
The Report Will Include A Major Chapter
- Patent Analysis
- Regulatory Framework
- Technology Roadmap
- BCG Matrix
- Heat Map Analysis
- Price Trend Analysis
- Investment Analysis
Key Industry Development:
In February 2023, Aerosoles, a renowned footwear brand recognized for its exceptional comfort and innovative technology, has recently signed a licensing agreement with United Intimate Group. This partnership will facilitate the distribution of women's sleepwear, robes, and intimate apparel under the Aerosoles brand. Following its acquisition by the American Exchange Group in 2022, Aerosoles is strategically broadening its product range and establishing itself as a comprehensive global lifestyle brand, extending beyond its core focus on women's footwear.
In December 2022, Halston, a renowned American fashion brand and a division of Xcel Brands, revealed a collaboration with Australian luxury sleepwear brand Homebodii. This partnership marks the first collaboration for Halston under the guidance of their new Creative Director, Ken Downing. The capsule collection, consisting of 12 pieces, will be available for purchase starting November 30 on Halston.com and at select Australian retailers, including David Jones. The collaboration between Homebodii and Halston brings together their expertise to create a unique and stylish sleepwear collection.
Sleepwear Market Report Highlight:
- By Type, the nightdresses/gowns segment holds a larger market share as compared to the Top-wear. These garments are available in a wide variety of stylish designs and affordable price ranges, which is driving their demand among consumers.
- By Fabric Type, merino wool is expected to register the highest growth during the projected period. Merino wool is a fabric that offers a unique combination of moisture evaporation and moisture-wicking properties, providing comfort to the wearer during night sweats by effectively cooling down and keeping them dry.
- By End-User, the Women segment is expected to register the highest growth during the projected period. The increasing range of sleepwear products targeted specifically for women is a significant driver for the growth of this segment.
- By Distribution Channel, the Online segment is expected to register the highest growth during the projected period. The primary driving factor for this segment is the increasing consumer adoption and usage of online technology.
- The Asia Pacific region is expected to have the highest share of the Sleepwear Market over the projected period. The growth of the sleepwear market in this region can be attributed to factors such as increasing disposable income and shifting consumer behavior.
Central to our report are the company profiles and competitive analysis, providing insights into market players' overview, market roles, and operating business segments. We evaluate their financial performance, production volume, sales volume, and sales margin while highlighting recent market developments. Our market research offers invaluable intelligence and strategic insights to drive informed decision-making. By capitalizing on emerging opportunities and understanding the competitive landscape, our report empowers businesses to thrive in the Global Sleepwear Market.
Sleepwear Market Segmentation:
By Type
- Top-wear
- Bottom-wear
- Nightdresses/Gowns
- Sleepwear Set
By Fabric Type
- Cotton
- Silk
- Synthetic
- Merino Wool
- Others
By End User
- Men
- Women
- Kids
By Distribution Channel
- Online
- Offline
For this report, Introspective Market Research has segmented the Sleepwear Market based on region:
Regional Outlook (Revenue in USD Million; Volume in Units, 2023-2030)
North America
- The U.S.
- Canada
- Mexico
Eastern Europe
- Russia
- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania
- Rest of Eastern Europe
Western Europe
- Germany