PUBLISHER: Verified Market Research | PRODUCT CODE: 1629381
PUBLISHER: Verified Market Research | PRODUCT CODE: 1629381
Bed Jacket Market size was valued at USD 8.80 Billion in 2022 and is projected to reach USD 17.40 Billion by 2030, growing at a CAGR of 10.23% from 2023 to 2030.
The major factors responsible for fueling the growth of the market is growing demand for the winter wears in the cold regions, seasonal discounts on the product, and celebrity advertisings for its utilization. Moreover, the increase in disposable income among the population, rapid urbanization leads to imposing a positive influence on market growth. The Global Bed Jacket Market 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 Bed Jacket Market Definition
A bed jacket is a lightweight jacket intended for quality comfort while sitting in bed. It has a short length and a cape-like cut. It is normally worn over a nightgown or pajamas. Bed jackets are worn to cover the chest, shoulders, and arms while sitting up in bed. It was earlier used in hospitals by patients. These are also utilized by women in nursing homes or convalescing women at home. A bed jacket also renders ease in movement for accomplishing daily tasks, working at the computer, cooking breakfast, sewing, doing crafts, etc.
Even though bed jackets have traditionally been worn by aging or sick women, several other age groups are beginning to acknowledge their benefits. Bed jackets are produced to accommodate better comfort for end-users and help to maintain body temperature. They are also found to be excellent for wearing while relaxing in the bedtime or even for giving warmness on a cold or crisp night. An expansion in personalization and mass customization of bed jackets across the globe is anticipated to propel the sales of the product in the following years.
Global Bed Jacket Market Overview
Significant drivers of the global Bed Jacket Market involve an increase in per capita disposable income of end-users, seasonal discounts, celebrity endorsements for the usage of bed jackets, the growing impact of the western culture, rapid urbanization in emerging economies, and adoption of costly premium bed jackets across the globe. Additionally, an increase in standards of living and a surge in awareness about these jackets are assumed to propel the Bed Jacket Market during the estimated period.
However, the availability of false products and social stigma around wearing western-style garments are significant restraints of the Bed Jacket Market. The advancement of new and innovative products, targeting new customers, and the penetration of products through e-commerce business are anticipated to generate notable opportunities for the market.
The Global Bed Jacket Market is segmented based on Type, Applications, And Geography.
Based on Type, the market is segmented into Cotton, Flannel, Knitted Wool, and Others. Cotton accounted for the largest market share in 2021. The Knitted wool and flannel segments are likely to grow at a good pace. Various materials are used in bed jacket so as to meet different purposes. Cotton in-bed jackets are a type of jacket made from cotton fabric. They are often used as pajamas or Nightwear and can be made from a variety of materials, including cotton, polyester, and fleece. This type of jacket is often comfortable and warm, making it a popular choice for those who want to stay comfortable while sleeping.
Based on Applications, the market is segmented into Home and Hotel. Home accounted for the largest market share in 2021. The increasing number of nuclear families in developing countries is anticipated to boost the demand for bed jackets at home. Furthermore, rising spending on home furnishing accessories such as decorative pillows, blankets, and bed sheets is likely to propel industry growth over the coming years.
The "Global Bed Jacket Market" study report will provide valuable insight emphasizing the global market. The major players in the market are HandM, Calvin Klein, Ralph Lauren, David Jones, Zalora, Aimer, Eberjey, Mimi Holiday, Oysho, Morgan Lane, HandM, Gelato Pique, Uniqlo, Tutuanna, Narue, MUJI, Le Perla, Bradelis, Journelle, Three Graces London, among others.
Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.