Bathrobe Market May See Big Move | Major Giants TowelSelections, Pinzon by Amazon, Ralph Lauren
Published Via 11Press : According to HTF MI, “Global Bathrobe Market: Industry Size, Trends, Growth, Share, Opportunity and Forecast 2023-2029″ From 2023 to 2028, At a cumulative annual growth rate (CAGR) of 5.6%, the global bathrobe market is anticipated to increase, reaching USD 3.8 billion in 2023 and USD 5.2 billion in 2028.
Loose-fitting clothing commonly worn after bathing or when getting dressed in the morning or evening is referred to as a bathrobe, sometimes known as a dressing gown or housecoat. It is intended to offer modesty, warmth, and comfort. To aid in drying the body after a bath, bathrobes are frequently manufactured from soft and absorbent fabrics like cotton, terrycloth, or microfiber. They often have long sleeves, a front fastening of a belt or buttons, and are knee-length or ankle-length. Bathrobes are used often in hotels, spas, and residences as a comfortable and practical garment for relaxing or covering oneself before and after bathing. They come in a variety of designs, colours, and patterns.
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The coverage has highlighted several important and rising stars, including
- TowelSelections (US),
- Alexander Del Rossa (US),
- Pinzon by Amazon (US),
- Ralph Lauren (US),
- Brooklinen (US),
- UGG (US),
- Arus Marketing Inc. (Turkey),
- Grund America LLC (US),
- Abyss & Habidecor (Portugal),
- Christy (UK),
- Frette (Italy)
- Boca Terry (US)
- L.Bean (US)
- Coyuchi (US)
- Turquaz Linen (US)
- Others.
Market Drivers
- Warmth, relaxation, and comfort are all provided by bathrobes.
- The rising interest in bathrobes is a result of people seeking luxury and cosy experiences at home as well as the increased knowledge of and emphasis on self-care and well-being.
- The market for bathrobes is significantly fueled by the hotel and spa sectors.
- Bathrobes are frequently provided as part of the guest amenities at hotels, resorts, and spas, which raises the market need for high-quality bathrobes. Consumers have more purchasing ability to invest in high-end, luxury bathrobes as disposable income rises.
- This increases the demand for attractive bathrobes made of premium fabrics.
Market Trend
- Bathrobes that are sustainable and favourable to the environment are becoming more popular.
- To address the growing customer demand for items that are ecologically sensitive, producers are turning to natural and organic fibres, recycled materials, and eco-friendly colours.
- Customers are looking for custom and distinctive bathrobe alternatives.
- Manufacturers now provide customising options so that consumers may make bathrobes that are unique to them by selecting certain materials, colours, and embroidery.
- Bathrobes are no longer just available in simple styles; they are now also more trendy and fashionable.
- In order to appeal to customers who value both comfort and style, manufacturers are combining current patterns, colours, and designs.
Market Opportunities
- Growing wellness and self-care trends, promoting the use of luxurious bathrobes.
- Increasing demand for eco-friendly and sustainable bathrobe materials.
- Expansion of the hospitality industry, including hotels, resorts, and spas.
Market Restraints
- Sales of bathrobes may be seasonal, with demand being higher during the winter or around the holidays.
- As a result, market demand may change during the course of the year. The bathrobe market is quite cutthroat, with several brands and producers competing for market share.
- For businesses competing in the market, this competitiveness may result in price wars and margin pressure.
- Numerous businesses, notably the industry for bathrobes, have been impacted by the COVID-19 epidemic.
- Market expansion has been hampered by supply chain disruptions, decreased consumer spending, and temporary closures of hotels and spas.
- Given that price has a big impact on buying decisions, some consumer categories’ price sensitivity may operate as a restriction.
- Customers could choose to put off buying expensive or luxury bathrobes in favour of less expensive alternatives.
Market Challenges
- Intense competition from both domestic and international manufacturers.
- Fluctuating raw material prices, such as cotton or silk.
- Seasonal demand patterns, with higher sales during colder months.
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Bathrobe Market Segmentation:
Based on type, distribution method, and geographic location, the bathrobe market has been segmented in the study.
Market Breakdown by Applications:
- Terry Cloth Bathrobe
- Waffle Bathrobe
- Velour Bathrobe
- Silk Bathrobe
- Flannel Bathrobe
- Kimono Bathrobe
Market Breakdown by Types:
- Home Use
- Hotel
Report Scope
| The Market size value in 2023 | USD 3.8 Billion |
| Revenue Forecast by 2033 | USD 5.2 Billion |
| Growth Rate | CAGR Of 5.6% |
| Regions Covered | Europe, Latin America, the Middle East, Africa, and the rest of the globe |
| Historical Years | 2018-2022 |
| Base Year | 2022 |
| Estimated Year | 2023 |
| Short-Term Projection Year | 2028 |
Competitive Landscape:
Along with analysing the top competitors’ profiles in the bathrobe market, a thorough analysis of the industry’s competitive landscape is done. A few of the athletes covered include TowelSelections, Pinzon by Amazon, Alexander Del Rossa, Ralph Lauren, Arus Marketing Inc., Brooklinen, UGG, Abyss & Habidecor, Grund America LLC, Christy, Boca Terry, Frette, Coyuchi, L.L.Bean, Turquaz Linen, Others
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Key highlights of the report:
- Bathrobe Market Performance (2018-2022)
- Bathrobe Market Outlook (2023-2028)
- Bathrobe Market Trends
- Bathrobe Market Drivers and Success Factors
- SWOT Analysis
- Value Chain Analysis
- Detailed competitive landscape
If it is not currently covered by the report, we will provide you with any specific information you want as part of the revision.
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