The Sleepwear And Loungewear Market is being driven by Increased demand for designer and premium sleepwear and loungewear
The Sleepwear And Loungewear Market is expected to grow at a CAGR of 10.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 36.46 billion. The sleepwear and loungewear industry relies heavily on high-quality materials such as cotton, stretch yarn, synthetic fibers, and wood pulp for production. However, the manufacturing process involves significant environmental consequences. Large quantities of industrial waste, particularly from chemicals like color dyes, are generated, leading to increased environmental waste and deforestation. This waste is often disposed of in landfills or remains un recycled in dump yards. To mitigate these issues, industry players are implementing sustainable practices and joining eco-conscious fashion associations to adopt more environmentally friendly manufacturing processes. This includes the use of organic and recycled materials, as well as the reduction of chemical usage and implementation of closed-loop production systems. By prioritizing sustainability, the sleepwear and loungewear industry can minimize its environmental footprint and contribute to a more balanced and responsible fashion industry.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
196 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 10.4% |
Market growth 2025-2029 |
USD 36.46 billion |
Market structure |
fragmentation |
YoY growth 2024-2025(%) |
10.3 |
Key countries |
US, China, Germany, India, Canada, France, Mexico, UK, Italy, and Japan |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Sleepwear and Loungewear Market encompasses a range of comfortable and stylish apparel, including silk pajama sets, flannel pajama pants, and satin sleepwear, crafted from soft jersey fabrics, lace trim details, and embroidered designs. Other popular options include printed pajama patterns, ribbed knit fabrics, interlock knit structures, and French terry cloth. Sustainable materials like cotton blend fabrics, lyocell fiber properties, viscose fabric blends, and recycled polyester fibers are increasingly being used. Ethical labor practices and fair trade certifications ensure responsible production, while apparel lifecycle assessments, garment waste reduction, water conservation methods, energy efficiency measures, product life extension, and end-of-life garment recycling contribute to the industry's sustainability efforts.
The global apparel, accessories, and luxury goods market encompasses businesses involved in the production and distribution of textiles, apparel, accessories, and luxury goods. This market span includes manufacturers, marketers, and rental service providers, excluding footwear manufacturers. According to Technavio, the market size is determined by the consolidated revenues of these sectors. Factors fueling the market expansion include the growing working women population, leading to increased disposable income and subsequent spending on textiles, apparel, and luxury goods. Organic cotton fabrics, bamboo fiber textiles, modal fabrics, and tencel fabric blends are gaining popularity due to their eco-friendly and comfortable properties, further driving market growth.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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