Bed Jacket Market Size And Forecast

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.

Global Bed Jacket Market Segmentation Analysis

The Global Bed Jacket Market is segmented based on Type, Applications, And Geography.

Bed Jacket Market, By Type

• Cotton
• Flanne
• Knitted Wool
• Others

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.

 Bed Jacket Market, By Applications

• Home
• Hotel

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.

 Bed Jacket Market, By Geography

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

On the basis of Geography, the Global Label Color Printing Market is classified into North America, Europe, Asia Pacific, and the Rest of the World. The Asia Pacific dominated the Bed Jacket Market in terms of revenue share in 2022. This can be attributed to the increasing demand for hotel and home decor products from developing countries such as China, India, and Japan among others. Moreover, rising disposable income levels coupled with a growing preference for a luxury lifestyle are also projected to drive the regional growth over the forecast period.

Key Players

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.

Key Developments

• In 2021, CNTAC, the governing body of China’s textile and apparel industry, released its 14th five-year plan, detailing the development objectives, growth strategies, and priority tasks for China’s textile and apparel sector for 2021-2025.
• In January 2022, PVH launched its new apparel collection through one of its brands, Tommy Hilfiger. The collection includes outerwear, cold-weather accessories, and AAPE’s streetwear style with TOMMY JFANS’ iconic street prep. Key styles include puffer jackets, the 2-in-1 plaid sherpa fleece windbreaker, the classic TOMMY JFANS flag denim jacket, and a reversible camo vest.

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 Active, Cutting Edge, Emerging, and Innovators categories.

Market Attractiveness

The image of market attractiveness provided further helps to get information about the region leading in the Global Bed Jacket Market. We cover the major impacting factors 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 Bed Jacket Market, gauge the attractiveness of a particular sector, and assess investment possibilities.

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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 of 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

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