The US Loungewear Market Size surged to USD 5497.9 million in 2021. Forecasts suggest continued growth, with the industry anticipated to rise from USD 6025.69 million in 2022 to USD 11446.72 million by 2030, reflecting a compound annual growth rate (CAGR) of 9.60% over the forecast span from 2022 to 2030.
The US Loungewear Market Research Report provides in-depth research and insights into the market size, revenues, major categories, growth drivers, limiting factors, and regional industrial presence. The purpose of the market research study is to thoroughly investigate the Chemical and Material sector and gain a grasp of the business and its commercial potential. As a result, the customer obtains broad knowledge about the industry and business from the past, present, and future perspectives, allowing them to intelligently spend money and deploy resources.
In addition, this research study includes current assessments and estimates for all industrial categories and geographical locations. The US Loungewear Market research report is the result of months of hard work by knowledgeable forecasters, imaginative analysts, and astute researchers. Using the specific and up-to-date information provided in this report, businesses can gain an understanding of the types of consumers, consumer demands and preferences, their perspectives on the product, their purchasing intentions, their response to a specific product that is already on the market, and their varying tastes about a specific product that is already on the market.
Key Companies in the US Loungewear Market include
- L Brands Inc. (U.S.)
- H & M (Sweden)
- Triumph International Holding GmBH (Germany)
- Authentic Brands Group LLC (U.S.)
- Urban Outfitters (US)
- Nordstrom Inc. (U.S.)
- Hanesbrands Inc. (US)
- Jockey International Inc. (U.S.)
- Marks & Spencer Group Plc (U.K.)
- PVH CORPORATION (U.S.)
US Loungewear Market : Key Questions Answered in the Report
-How has the rapidly evolving business environment become an important growth engine for the US Loungewear market?
-What are the underlying macroeconomic factors that impact the growth of the US Loungewear market?
-What are the key trends that constantly shape the growth of the US Loungewear market?
-What are the prominent regions that offer abundant opportunities for the US Loungewear market?
-What are the key differential strategies adopted by key players to control a significant part of the global market share?
Research Methodology
The report has its roots definitely set in thorough strategies provided by proficient data analysts. The research methodology involves the collection of information by analysts only to have them studied and filtered thoroughly in an attempt to provide significant predictions about the market over the review period. The research process further includes interviews with leading market influencers, which makes the primary research relevant and practical. The secondary method gives a direct peek into the demand and supply connection. The market methodologies adopted in the report offer precise data analysis and provide a tour of the entire market. Both primary and secondary approaches to data collection have been used. In addition to these, publicly available sources such as annual reports, and white papers have been used by data analysts for an insightful understanding of the market.
US Loungewear Industry Developments
August 2022:
Introducing a range of reasonably priced period underwear is Hanes®. The new Comfort, Period, line from the company. When it comes to period comfort and confidence, even while sleeping, T.M. underwear is made to help. It provides quality period protection without the premium period underwear price tag
May 2021:
M&S stated that it planned to replace its largest location, the Marble Arch branch on Oxford Street in London, with a 10-story structure that would include two and a half levels of retail space below six floors of offices.Conclusion: US Loungewear Redefined for the Modern Lifestyle
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