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Lingerie Market Analysis

  • Report ID: GMI7081
  • Published Date: Oct 2023
  • Report Format: PDF

Lingerie Market Analysis:  

Based on product, the market is segmented as bras, panties, shapewear, and others. Bras held a majority market value of USD 2,966.31 Million in 2022. The demand for bras is primarily fuelled by rising body positivity and comfort awareness, constantly changing fashion trends, and expanding number of women throughout the world who consider bras as a necessary undergarment for support and confidence. Bras can also be used to support the breasts when engaging in physical activity like exercise or sports.
 

Lingerie Market Revenue Share (%), By Distribution Channel, (2022)

Based on distribution channel, the lingerie market is segmented as offline and online. Offline held a dominant industry share of around 54.1% in 2022. The demand for lingerie through offline channels remains strong, as many consumers prefer the tactile experience and customized assistance that brick-and-mortar stores provide when shopping for intimate items. Physical retail locations allow customers to try on clothing for size and style, receive expert fitting advice, and have immediately access to products, which drives significant demand for lingerie in offline stores.
 

Based on material, the lingerie market is segmented as cotton, lace, silk, and others. Cotton segment is anticipated to grow at 5.4% CAGR by 2032. Cotton lingerie has shown consistent development, owing to its breathable and soft qualities, which appeal to consumers seeking everyday wear with an emphasis on comfort and natural fibers. Cotton lingerie is popular among those who value both comfort and health because of its moisture-wicking properties, softness, and hypoallergenic qualities.
 

 APAC Lingerie Market Revenue, 2021 - 2032 (USD Million)

Asia Pacific dominated the majority lingerie market share and a revenue of USD 2,810.37 Million in 2022. Lingerie consumption has been gradually expanding in the Asia Pacific region, driven by reasons like urbanization, increased disposable income, and growing fashion-conscious middle-class population. Furthermore, exposure to Western fashion trends, altering cultural norms, and growing awareness of the importance of intimate apparel in self-expression and confidence have all contributed to the Asia Pacific region's growing demand for lingerie across various age groups and segments of the population.

Authors: Kunal Ahuja, Himanshu Kabra

Frequently Asked Questions (FAQ) :

Global market for lingerie was valued at around USD 6.9 billion in 2022 and is estimated to reach USD 11.6 billion by 2032, backed by shifting fashion trends, and focus on body positivity & self-expression.

Bras held a majority market value of USD 2,966.31 million in 2022 and will have sustained demand fueled by rising body positivity & comfort awareness, constantly changing fashion trends, and expanding women population.

Asia Pacific market was worth USD 2,810.37 million in 2022 and is anticipated to expand at a significant pace from 2023-2032, driven by reasons like urbanization, increased disposable income, and growing fashion-conscious middle-class population.

Jockey International Inc., Victoria’s Secret, Zivame, Gap, Inc., La Perla, Chantelle Group, and Hanesbrands Inc. among others.

Lingerie Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 218
  • Countries covered: 18
  • Pages: 180
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