Global Lingerie Market Report 2022: A $112.96 Billion Market by 2027 - Industry Trends, Share, Size, Growth, Opportunity and Forecasts - ResearchAndMarkets.com
The "Lingerie Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The "Lingerie Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global lingerie market reached a value of US$ 72.66 billion in 2021. Looking forward, the market is projected to reach a value of US$ 112.96 billion by 2027, exhibiting a CAGR of 7.40% during 2022-2027.
The increasing inclination of consumers toward trendy intimate wear and sportswear is one of the key factors driving the market growth.
In line with this, the widespread adoption of aggressive marketing and promotional activities on several social media platforms for sensitizing and broadening the consumer base is considerably contributing to the market growth. Rising product variations and the escalating demand for wide-ranging seamless, brassieres, briefs, and premium-quality branded lingerie amongst consumers, are propelling the market growth.
Furthermore, the growing demand for seamless and brassieres briefs, along with the increasing preference for lingerie products amongst male demographics, is positively stimulating the market growth. Apart from this, the collaboration of lingerie manufacturers with the supermarket chains and multiple distributors for improving product portfolio is catalyzing the market growth. The advent of sustainable product variants is acting as a major growth-inducing factor.
For instance, brands and leading companies are deploying environmentally-friendly production processes and using biodegradable materials to manufacture ecological lingerie sets, that are gaining immense popularity, primarily due to the increasing environmental consciousness among the masses.
Other factors, such as the easy product availability through proliferating online platforms, attractive discounts and affordable price points offered by leading brands, and rising urbanization and purchasing power of consumers, especially in developing regions, are creating a positive outlook for the market further.
Key Questions Answered in This Report
- How has the global lingerie market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global lingerie market?
- What are the key regional markets?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the material?
- What is the breakup of the market based on the price range?
- What is the breakup of the market based on the distribution channel?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global lingerie market and who are the key players?
- What is the degree of competition in the industry?
Competitive Landscape
The competitive landscape of the industry has also been examined along with the profiles of the key players being
- Fashion Nova LLC
- Hanesbrands Inc.
- H & M Hennes & Mauritz AB
- Hunkemoller International B.V.
- Jockey International Inc.
- MAS Holdings
- PVH Corp.
- The Gap Inc.
- The Groupe Chantelle
- Triumph International Ltd.
- Victoria's Secret & Co.
- Yandy Enterprises LLC
Key Market Segmentation
Breakup by Product Type:
- Brassiere
- Knickers or Panties
- Shapewear
- Others
Breakup by Material:
- Cotton
- Silk
- Satin
- Nylon
- Others
Breakup by Price Range:
- Economy
- Premium
Breakup by Distribution Channel:
- Mass Merchandisers
- Specialized Stores
- Online Stores
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
For more information about this report visit https://www.researchandmarkets.com/r/try16j
View source version on businesswire.com: https://www.businesswire.com/news/home/20221201005856/en/