Loungewear Market Size, Share, Global Industry Trends, Demand and Regional Forecast till 2027
The demand for
loungewear has taken a considerable hike due to the emergence of the work from
home trend in the aftermath of the COVID-19. Reports created by MRFR detail the
developments in the industry that can be expected in the market through the
forecast period. The market shows potential to achieve USD 9.23 Billion at a
CAGR of 9.5% by 2027.
The rising
inclination towards comfortable clothing items is estimated to spur the demand
for Loungewear Market Size companies in the near future. Also, the surge in
individuals wanting a healthier lifestyle has led them to be more active than
before and this is estimated to further favor the Loungewear Market Size
expansion.
Key
Players
The
distinguished contenders in the Loungewear Market Size are H & M (Sweden),
Hanesbrands Inc. (US), Jockey International Inc. (US), PVH CORPORATION (US),
Triumph International Holding GmBH (Germany), Authentic Brands Group LLC (US),
Marks & Spencer Group Plc (UK), L Brands Inc. (US), Urban Outfitters (US)
and Nordstrom, Inc. (US).
Market Segmentation:
The segmental assessment of the Loungewear Market Size is carried out on the
basis of materials, end-user, distribution channel, and region. The
distribution channel segment of the Loungewear Market Size consists of
supermarkets & hypermarkets, specialty stores, and non-store-based. The
region segment of the Loungewear Market Size consists of North America, Europe,
Asia Pacific, and the rest of the world. The material segment of the Loungewear
Market Size consists of wool, cotton, and silk. The end-user segment of the Loungewear
Market Size consists of females, males, and kids.
Access Report @ https://www.marketresearchfuture.com/reports/loungewear-market-10435
Regional Analysis
The regional review of the Loungewear Market Size
consists of North America, Europe, Asia Pacific, and the rest of the world. The
North American Loungewear Market Size reported for the chief market stake in
the global market in 2019 and is anticipated to display a similar trend all
through the forecast period. The vital producers are highlighting the publicity
events to generate a strong understanding among the consumers concerning new
product presentations, which will quicken the growth of the North American Loungewear
Market Size. Furthermore, manufacturers are concentrating on expanding their
presence to capture the regional market in the Asia Pacific regional market for
loungewear as well in the forecast period.
NOTE: Our Team of Researchers
are Studying Covid19 and its Impact on Various Industry Verticals and wherever
required we will be considering Covid19 Footprints for Better Analysis of
Market and Industries. Cordially get in Touch for More Details.
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