Global Silk Pajamas Market Size By Product (Men’s Pajamas, Women’s Pajamas), By Application (Online, Offline), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Silk Pajamas Market size was valued at USD 459.23 Billion in 2022 and is projected to reach USD 1125.87 Billion by 2030, growing at a CAGR of 6.62% from 2023 to 2030.
Hey, so the Global Silk Pajamas Market is really taking off! We're seeing some serious growth ahead, and it's because more people are buying them through online stores and regular retail shops. Plus, silk pajamas have some cool advantages over those old synthetic ones. What's really fueling the fire is that everyone, whether they're in a developed country or one that's still growing, wants comfy clothes. Want the lowdown? The Global Silk Pajamas Market report gives you the full scoop! It breaks down the key parts, the latest trends, what's helping the market grow, what's holding it back, who the big players are, and all the other important stuff that's shaping the market.
Global Silk Pajamas Market Definition
Silk pajamas provide a comparatively better level of comfort, sound absorption, and moisture and dust absorption than conventional synthetics and plastic or polymer-based pajamas. In addition to this, the silk fiber used for the pajamas is softer and silkier in nature and provides sensitive or light touch to human skin.
In complementary to this, these pajama types possess intrinsic hygroscopic characteristics which cannot be attained by any conventional synthetic fibers. These hygroscopic properties help these pajamas to absorb and emit water and gas through gaps making it more feasible apparel across humid as well as dry environments.
Global Silk Pajamas Market Overview
Over the past couple of decades, the demand for natural apparel products over synthetic or polymer-based apparel has declined to some extent due to a lack of availability of natural apparel fiber and decreased amount of silk and cotton production. According to the data published by the Natural Fibres and the World Economy July 2019 report, the global apparel production and production of textile fibers reached the value of 110 million tons by the end of 2018. However, natural fiber production has drastically decreased from 41% in 2008 to 29% of the total apparel production in 2018.
Even though the overall textile production has decreased, the demand for natural apparel such as silk pajamas has witnessed a steady growth over the forecasted period considering the numerous advantages of silk pajamas over synthetic and another natural types of pajamas such as cotton pajamas. Nowadays people are preferring comfortable apparel which is sensitive to skin and can pass the air and water quickly through them. Also, in the case of regular-use apparel like pajamas, people are keener towards purchasing quick dry apparel which can be attained by silk textiles.
On the other hand, the demand for silk apparel has experienced a substantial upsurge considering the exponential growth of online apparel stores and other online e-commerce facilities. However, the prices for the silk pajamas are comparatively higher than the synthetic pajamas, which might restrict the growth of the silk pajamas in lower economically capable areas and developing regions than the developed economies.
Global Silk Pajamas Market Segmentation Analysis
The Global Silk Pajamas Market is segmented on the basis of Product, Application, And Geography.
Silk Pajamas Market, By Application
Online
Offline
Based on Application, the market is segmented into Online and Offline. Out of which the offline channels are expected to dominate the market in the initial face of the research timeline. However, the online stores may crossover the offline sales channel considering the exponential growth of the online channels and growing consumer adoption through the virtual sales channels. Besides this, the Online channel is expected to grow at the highest CAGR over the forecasted period.
Silk Pajamas Market, By Product
Men’s Pajamas
Women’s Pajamas
Based on Product, the market is segmented into Men’s Pajamas and Women’s Pajamas. Out of which, the women’s pajama segment is expected to dominate the market considering the higher fashion trend adoption across the female apparel sector and also due to comparatively lower adoption of natural silk pajamas across the male consumers. In addition to this, the women’s pajama segment is expected to grow at the highest CAGR over the forecasted period.
Silk Pajamas Market, By Geography
North America
Europe
Asia Pacific
Rest of the world
Looking at the regions, the Global Silk Pajamas Market is split into North America, Europe, Asia Pacific, and the rest of the world. Right now, Europe holds the biggest slice of the pie and is expected to keep growing nicely. Why? Well, Europeans seem to really like natural fibers, preferring them over synthetic ones when it comes to clothing – they're all about the latest trends and comfy stuff! But don't count out Asia Pacific! They're predicted to be the fastest-growing region. This is thanks to the huge jump in popularity of natural fibers in such a densely populated area, plus the fact that places like India and China are really building up their apparel manufacturing game.
Key Players
The “Global Silk Pajamas Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as Aimer, IZOD, Meibiao, ETAM, Victoria’s Secret, AUTUMN DEER, Ralph Lauren, Barefoot Dream, H&M, Dkny, TexereSilk, Serenedelicacy, Fishers Finery, Intimo, Cosabella, Tommy, LilySilk, Calvin Klein, PAPINELLE. This section provides a company overview, ranking analysis, company regional and industry footprint, and ACE Matrix.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Silk Pajamas Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the Global Silk Pajamas Market, gauge the attractiveness of a certain sector, and assess investment possibilities.
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Reasons to Purchase this Report
We take a good, hard look at the market using both number-based (quantitative) and descriptive (qualitative) analysis, breaking it down by different categories based on things like income and lifestyle. You'll get the market value in USD Billion for each of these categories and sub-categories. We'll also point out which region and segment we think will grow the quickest and be the biggest. Plus, we dive into how the product/service is being used in different areas, explaining what's influencing the market in each place. Expect a competitive rundown showing where the big players rank, alongside details of new products/services, collaborations, expansions, and acquisitions from the last five years for all the companies we've highlighted. We provide detailed company profiles, giving you the lowdown with overviews, insights, product comparisons, and a SWOT analysis for the major market participants. You'll get our take on the present and future of the market, considering recent events, growth possibilities, driving forces, and hurdles in both up-and-coming and established regions. We also dig deep with Porter's five forces analysis to give you different angles on the market. We’ll offer insight into the market through the Value Chain, presenting a picture of market dynamics along with potential for growth in the future. Oh, and you get 6 months of analyst support after purchase too!
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