Loungewear Market to Reach USD 15.87 Billion By 2034, Growing At 9.71% CAGR, Demand For Stylish & Contemporary Sleepwear

Loungewear Industry Overview

In 2023, The Loungewear Market was estimated to be worth USD 5.49 billion. With a compound annual growth rate (CAGR) of 9.71% from 2024 to 2032, the loungewear market is expected to increase from USD 7.23 billion in 2024 to USD 15.87 billion by 2032. Rising per capita disposable income, the presence of foreign merchants, the aging of the female population, and the growing growth of the organized retail sector are the main factors driving the industry.

Loungewear, once considered merely homewear, has gained widespread acceptance as everyday fashion. The shift toward remote work, changing lifestyle habits, and an increased emphasis on comfort have contributed to the rising demand for loungewear. The global loungewear market is expected to expand steadily, with significant contributions from various material types, consumer segments, and distribution channels. Key players in the industry are increasingly focusing on sustainability, premium fabric quality, and innovative designs to cater to the evolving demands of consumers.

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https://www.marketresearchfuture.com/reports/loungewear-market-10435
Loungewear Market Size, Industry Share, Demand, Global Analysis By 2032
Loungewear market is anticipated to reach USD 15.87 billion by 2032, registering a CAGR of 9.71% due to the mounting growth of the organized retail sector and increasing per capita disposable income
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