Global Silk Pajamas Market Size By Product (Men’s Pajamas, Women’s Pajamas), By Application (Online, Offline), By Geographic Scope And Forecast
Published on: 2024-08-01 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Silk Pajamas Market Size By Product (Men’s Pajamas, Women’s Pajamas), By Application (Online, Offline), By Geographic Scope And Forecast
Silk Pajamas Market Size And Forecast
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.
The Global Silk Pajamas Market is witnessing significant growth during the forecasted period due to various driving factors including growing demand from online and retail distribution channels, and potential advantages of Silk Pajamas over conventional synthetic pajamas. Furthermore, the market is expected to grow steadily throughout the forecast period due to the growing demand for comfortable apparel from developed as well as developing economies around the world. The Global Silk Pajamas Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in 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
Based on Regional Analysis, the Global Silk Pajamas Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. Out of which, Europe accounted for the largest market share and is projected to grow at a substantial CAGR during the forecast period. The European population is inclined towards the application of natural fibers over synthetic fiber apparel products considering the growing fashion trends and inclination towards comfortable apparel products. On the other hand, Asia Pacific is expected to grow at the highest CAGR over the forecasted considering the significant growth in the adoption of natural fiber across the most populated region and developing apparel manufacturing infrastructure across developing nations like India, China, and many others.
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.
Report Scope
Report Attributes | Details |
---|---|
Study Period | 2019-2030 |
Base Year | 2022 |
Forecast Period | 2023-2030 |
Historical Period | 2019-2021 |
Unit | Value (USD Billion) |
Key Companies Profiled | Aimer, IZOD, Meibiao, ETAM, Victoria’s Secret, AUTUMN DEER, Ralph Lauren, Barefoot Dream, H&M, Dkny. |
Segments Covered |
|
Customization scope | Free report customization (equivalent to up to 4 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Top Trending Reports
Research Methodology of Market Research
To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .
Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
Customization of the Report
• In case of any please connect with our sales team, who will ensure that your requirements are met.