According to a recent report by Reports and Data, the global size for Females Loungewear Market reached USD 5.70 Billion in 2021. Projections indicate that the market will experience a compound annual growth rate (CAGR) of 9.3% during the forecast period. This growth can be attributed to the rising demand for loungewear, driven by factors such as increased participation in outdoor activities like gym and yoga, as well as evolving consumer preferences.
The surge in popularity of loungewear stems from consumers' preference for comfortable and casual clothing options. These garments combine stylish aesthetics with practical designs, offering a cozy and relaxed attire suitable for home use. Furthermore, loungewear is suitable for year-round wear, as it is available in various materials such as silk, cotton, and wool. To meet the evolving demands of consumers, manufacturers are introducing new and fashionable products while also focusing on enhancing the quality of their offerings.
The market for loungewear has experienced a significant transformation due to the prominence of online shopping platforms. Many manufacturing companies now operate online stores, providing consumers with information on current trends and related resources. This shift towards e-commerce has greatly influenced the Females Loungewear Market and its accessibility to customers.
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Top Profiled Companies in the Global Females Loungewear Market Report:
Triumph Intertrade AG, Authentic Brands Group LLC., Nordstrom, Inc., Hanesbrands Inc., Jockey International, Inc., Marks and Spencer plc, PVH Corp., AEO Management Co., Ralph Lauren Media Llc, and Wacoal Holdings Corp.
Key Trends of Females Loungewear Market
- Comfort and Versatility: Consumers were increasingly seeking comfortable and versatile clothing options, especially due to the rise in remote work and stay-at-home lifestyles. Loungewear became a popular choice for many people looking for outfits that could seamlessly transition between home and casual outings.
- Sustainable and Ethical Choices: The demand for sustainable and ethically-produced loungewear was growing. Consumers were becoming more conscious of the environmental and social impact of their clothing choices and were favoring brands that embraced eco-friendly practices and transparent supply chains.
- Athleisure Influence: The popularity of athleisurewear (clothing that blends activewear with casual wear) had a significant impact on the Females Loungewear Market. Many loungewear pieces incorporated performance fabrics, sporty designs, and functional features, making them suitable for both relaxation and light physical activities.
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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Further market segmentation
Material Outlook (Revenue, USD Billion; 2019-2030)
- Cotton
- Wool
- Silk
- Others
Distribution Channel Outlook (Revenue, USD Billion; 2019-2030)
- Supermarkets & Hypermarkets
- Specialty Stores
- Online
End-Use Outlook (Revenue, USD Billion; 2019-2030)
- Males
- Females
- Kids
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