PUBLISHER: Market Research Future | PRODUCT CODE: 1759487
PUBLISHER: Market Research Future | PRODUCT CODE: 1759487
Information on Europe and Turkey Men's Loungewear Market Research Report by Material (Natural, and Synthetic/Blends), by Price Range (Economy/Mass, And Premium/Luxury), by Type (Track Suits & Relaxed Pants, T-Shirts, Hoodies & Sweats, Joggers and Others), by Consumer Group (Gen Alpha, Gen Z, Millennials, Gen X, and Baby Boomers), by Distribution Channel (Offline and Online) Forecast to 2032
In 2023, the value of men's loungewear in Europe and Turkey was USD 19,911.50 million. The men's loungewear market in Europe and Turkey is expected to grow at a noteworthy 7.6% CAGR over the course of the research year.
Men's loungewear is a type of casual apparel that is mainly intended for comfort and relaxation; it is usually worn at home or during leisure activities.
The men's loungewear market in Europe and Turkey is expanding due to a variety of factors, including changing customer preferences, work-from-home culture, and the increase of internet retail. The market is also constrained by problems with durability and quality. Nonetheless, the market will have future growth prospects thanks to the new product innovation.
Segmentation of the Market
The market for men's loungewear in Europe and Turkey has been divided into two segments based on material: natural and synthetic/blends. The natural segment is the one with the quickest rate of growth over the forecast period (2023-2032), while the synthetic/blends category retained the biggest market share in 2023.
The market has been divided into premium/luxury and economy/mass categories based on price range. The premium/luxury sector is the one with the quickest rate of growth during the forecast period, while the economy/mass segment held the largest market in 2023.
The men's loungewear market in Europe and Turkey has been divided into various categories, including joggers, t-shirts, sweatshirts, track suits, and relaxed pants.
The market has been divided into millennials, Gen X, Gen Z, Baby Boomers, and Gen Alpha based on consumer group. In 2023, the largest market was held by millennials, and during the projected period, the fastest-growing sector is Gen Z.
Depending on the medium of distribution, the The market has been divided into online and offline segments.
The men's loungewear market in Europe and Turkey has been divided into two segments based on country/region. In 2023, Europe held the greatest market share, and by 2032, it is expected to reach USD 35,144.40 million. But throughout the course of the forecast period, Turkey is expected to develop at the highest CAGR of 8.01%.
Adidas, PUMA SE, Next Retail Ltd., Ralph Lauren Corporation, Marks and Spencer Group plc, H&M Hennes & Mauritz AB, Boozt Fashion AB, and Zalando SE are the major players in the men's loungewear market in Europe and Turkey.