Loungewear is comfortable clothing that can be worn inside and outside the home. Loungewear is often considered as home wear; however it is not just restricted to camisoles and fitted tees, nightgowns, cover ups, drawstring and tap pants, and pajamas. Loungewear can be worn in the yoga class, park, gym, beach, or anywhere where one need not be formal. Demand for loungewear spans virtually all age groups and markets, not only because it is trendy but is comfortable and brings style to every situation. Pajamas and nightgowns are good for sleeping; for the beach, cover ups and tap pants are cool to be worn over a bikini or bathing suit; and drawstring pants can be worn while relaxing, walking outdoors, or at yoga or gym.
The loungewear market is anticipated to expand at a steady pace and will continue to do so during the forecast period, as loungewear is the combination of comfort and versatility. They have turned a casual style statement into an attractive and reasonably affordable wardrobe option, and are integrating into everyday style choices. Loungewear is casual lifestyle outfits appropriate for both women and men who sweat a lot and prefer comfortable attire rather than sweat suits and sleepwear.
Purchase our premium research report at:https://www.transparencymarketresearch.com/checkout.php?rep_id=45834<ype=S
Both female and male consumers are embracing the trend of loungewear as one can dress up to lounge around the house, alone or with friends, and these can also be worn while sleeping. Consumers are not inclined to spend on an item that’s purely sleepwear, and hence loungewear is viewed as a new dimension of casualwear. Bestselling loungewear includes camisole tops and fitted tees with a strong fashion emphasis and streamlined bottoms, offered with solid or printed jersey or classic woven cotton.
The global loungewear market is segmented based on material, application, distribution channel, and region. In terms of material, the loungewear market is segmented into cotton, wool, and silk. The cotton material segment is anticipated to grow at a fast pace as consumers are increasingly opting for loungewear which is light & comfortable. Based on application, the loungewear market is segregated into men, women, and kids. The market is expected to be dominated by women as they like loungewear because it is comfortable and comes in stylish designs. Furthermore, in terms of distribution channel, the loungewear market is categorized into hypermarkets/supermarkets, specialty stores, mono brand outlets, online retailers, and others (departmental stores,independent vendors).
Based on region, the global loungewear market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is anticipated to dominate the global market closely followed by Europe. American lifestyles tend to tilt toward casual wear and loungewear offers a good choice. Germany is expected to show the fastest growth rate in the Europe region due to rising preference toward loungewear. Asia Pacific comprising China, India, and Japan is anticipated to expand at a fast pace owing to the increase in birth rates, along with the rise of luxury brands entering the region. China is anticipated to show fastest growth due to rise in number of retail stores, followed by India.
Get More Press Releases by TMR: https://www.prnewswire.com/news-releases/pv-module-market-to-reach-us-15-13-bn-by-2026–increasing-residential-adoption-rate-of-solar-pv-makes-for-attractive-investment-tmr-301256738.html
The loungewear market is highly fragmented with the presence of various players. Some of the leading manufacturers in the market are Jockey International Inc., Hanesbrands Inc., PVH Corporation, LBrands, Inc., LVMH Moet Hennessy Louis Vuitton SE, Marks & Spencer Group Plc, and Kering S.A. among others. Manufacturers are increasing R&D capability to raise the range and functions of the designs such as cozy colors and floral patterns, and are also making efforts to enhance product quality. The increasing level of fashion consciousness has supported loungewear to move into the higher bracket in the clothes market.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Europe
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Consumer Goods
The market research reports from TMR well covers the ever-evolving dynamics of the consumer goods sector. Economic growth, globalization, and changing lifestyle are some aspects that deeply influence the consumer goods sector. This, along with cultural mindsets that influence consumer buying behavior are duly comprehended for providing business intelligence of the consumer goods sector via our reports. Low entry barrier that attracts participation from new players in the consumer goods sector, which requires established players to be agile in the changing vendor landscape are subtly covered in our reports.
TMR has a track record to provide ace market research solutions that has earned us the trust of our clients for their business intelligence needs. Serving 13 industry verticals with a database of over 1,000 reports and 1 million + data points, our expanse to provide market research solutions is exceptional. We deep dive for a thorough understanding of the subject, gather precise information, and then analyze it to present solutions that are par excellence.
Contact us:
Transparency Market Research
State Tower,
90 State Street, Suite 700,
Albany NY – 12207,
United States
Tel: +1-518-618-1030 Email: [email protected]
Website: https://www.transparencymarketresearch.com
https://todaysmarkettrends.wordpress.com
