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Sleepwear Market Share

ID: MRFR//8956-CR | 110 Pages | Author: Snehal Singh| October 2022

The way we use social media can really affect how we buy things, especially clothes like sleepwear. Social media platforms like Facebook, Instagram, Twitter, and YouTube are places where people share a lot about their lives, including what they wear and what they like. Sleepwear companies use these platforms to tell people about their brand and give them special offers. People, especially young ones, love checking out blogs and posts about fashion and intimate wear on social media. So, when there are blogs talking about sleepwear, it really helps in selling more of it. Even small brands that aren't very famous can become popular on social media, competing with big brands like Jockey International Inc. So, social media is a big deal for the sleepwear market, helping it grow a lot.

Social media is not just for fun; it's a smart way for companies to connect with customers and sell more. Brands can share advice, special offers, and even build relationships with people who like their stuff. It's like a two-way street - customers get to know the brand better, and brands get to understand what customers like. This kind of marketing is interactive and effective because it helps build a connection between the brand and the people who buy their products.

Moving on to Asia-Pacific, it's a really important market for sleepwear. Places like India and China are growing fast, with more people earning a decent income and moving from villages to cities. Big companies from around the world are opening stores in these areas. Also, online shopping is becoming a big thing in Asia-Pacific. People like it because they can quickly see what's available and decide what to buy without spending a lot of time in physical stores.

India, for example, has seen a big increase in modern stores and shopping areas. In just a year, from 2017 to 2018, the retail space in India increased by 81%, reaching 7.8 million sq. ft. This is huge! The retail market in India is expected to grow even more, reaching USD 1.2 trillion by the end of 2021. That's a lot of money being spent on shopping! In China, online shopping is also booming. In 2018, the online retail turnover was about USD 1.36 trillion, a big jump from the previous year. So, with the retail sector growing so much in Asia-Pacific, the sleepwear market is also getting a boost. It means more people can easily buy sleepwear online or in stores, making it available to a really large number of people.

Covered Aspects:

Report Attribute/Metric Details
Base Year For Estimation 2022
Historical Data 2019- 2021
Forecast Period 2023-2030
Growth Rate 9.69% (2023-2030)
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