Global sleepwear markets value to surpass 18 billion dollars by 2027
The global sleepwear market is projected to reach 18,694.8 million dollars by 2027, registering annual growth of 9.7 percent in the period comprehended between 2020 and 2027. In 2019, this niche retails market size was valued at 10,495.0 million dollars. According to a new report published by Allied Market Research titled Sleepwear Market by End User and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 20202027, the global sleepwear market is expected to grow steadily in the next seven years, more precisely registering a CAGR of 9.7 percent from 2020 to 2027. The authors of the research noted that the online segment was the highest contributor to the market, with 2,535.6 million dollars in 2019, and is estimated to reach 4,782.3 million dollars by 2027, at a CAGR of 10.5 percent during the forecast period. Trend wise, bridal sleepwear and sleepwear for themed parties are both gaining increased traction, especially in more mature markets such as North America and Europe.
Global sleepwear markets value to surpass 18 billion dollars by 2027
The global sleepwear market is projected to reach 18,694.8 million dollars by 2027, registering annual growth of 9.7 percent in the period comprehended between 2020 and 2027. In 2019, this niche retails market size was valued at 10,495.0 million dollars. According to a new report published by Allied Market Research titled Sleepwear Market by End User and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 20202027, the global sleepwear market is expected to grow steadily in the next seven years, more precisely registering a CAGR of 9.7 percent from 2020 to 2027. The authors of the research noted that the online segment was the highest contributor to the market, with 2,535.6 million dollars in 2019, and is estimated to reach 4,782.3 million dollars by 2027, at a CAGR of 10.5 percent during the forecast period. Trend wise, bridal sleepwear and sleepwear for themed parties are both gaining increased traction, especially in more mature markets such as North America and Europe.