Lingerie Market size was valued at USD 43.48 Bn. in 2022 and the total Lingerie revenue is expected to grow by 7.8% from 2023 to 2029, reaching nearly USD 73.56 Bn.
Lingerie Market Overview:
The Lingerie market's competitive landscape comprises information about rivals. A firm overview, financials, revenue produced, market potential, R&D investment, new market efforts, geographical presence, business strengths and weaknesses, product launch, and application domination are among the topics covered. The following information is only relevant to the organization's focus on the Lingerie market.
Market Scope:
To validate the market size and estimate the market size by different segments, top-down and bottom-up methodologies are utilized. The research's market estimates are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). To create percentage splits, market shares, and segment breakdowns, weights based on usage rate and average sale price are applied to each location. The percentage acceptance or usage of the given market Size in the relevant area or nation determines the country-wise segmentation of the main market and its sub-segments.
Lingerie Market Dynamics:
Rising The increasing participation of women in business sectors, particularly in emerging nations, is highlighted by women's increased economic knowledge and educational awareness. In an effort to decrease the gender participation gap in the labor market and enhance female economic empowerment, governments are also urging women to enter the workforce. The growing number of working women has increased consumer disposable income per person, which has affected consumer shopping habits. Additionally, buyers are flocking toward more comfortable and practical lingerie as they become more concerned of their hygiene, appearance, and quality of life. As more women have jobs, lingerie sales have been expanding quickly all around the world. As women's spending power grows, the sale of luxury underwear is expanding.
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Lingerie Market Segmentation:
By Product, the Bra category commanded a dominant position of the lingerie market in 2022 and is predicted to continue to do so through the end of the forecast period, accounting for total market share. The lingerie market's primary category is the bra. When wearing a bra, the breasts are raised. By wearing bras, you can prevent several back and spine issues as well as concerns with your clothing and posture. The availability of fabrics and ongoing technical improvements have made it possible for designers to produce innovative products while yet maintaining their market leadership. There are currently many different sizes of leaser cut seamless, model, and complete t-shirt brasserie inventions. However, the availability of fabrics and continued technical development have made it possible for designers to produce new products while still maintaining their market leadership. There are now brasserie leaser cut seamless, model, and full t-shirts available.
Lingerie Market Key Players: Market leaders are identified by primary and secondary research, and market revenue is calculated using primary and secondary research. The core study included in-depth interviews with key thought leaders and industry experts such as experienced front-line personnel, CEOs, and marketing executives. In-depth interviews with important thought leaders and industry experts, such as experienced front-line personnel, CEOs, and marketing executives, were conducted as part of primary research, while secondary research included a review of the major manufacturers' annual and financial reports. Secondary data is utilized to calculate percentage splits, market shares, growth rates, and global market breakdowns, which are then verified against primary data. The following are the key players of the Lingerie market-
• Hanesbrands Inc (US)
• Fruit of the Loom (US)
• Jockey International (US)
• Lise Charmel (US)
• Venies (US)
• Victoria’s Secret (US)
• Gap, Inc. (US)
• Bare Nessities (US)
• Calvin Klein (US)
• Triumph International (Germany)
• Nubian Skin (UK)
• Calida (Switzerland)
• Hunkemoller (Netherlands)
• Wacoal Holdings (Japan)
• Uniqlo Co., Ltd. (Japan)
• Aimer Group (China)
• Mani Form (China)
• Embry Form (China)
• Ordifen (China)
• Oleno International Company Ltd. (China)
• Cosmo-lady (China)
• Essentie (HongKong)
• Hoplun Group (Hong Kong)
• Hop Lun Limited (Hong Kong)
• MAS Holdings (Shri Lanka)
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Regional Analysis:
Individual market influencing components and changes in market rules that affect current and future market trends are also investigated in the geographical component of the research. Some of the factors used to forecast market scenarios for various countries include downstream and upstream value chain analysis, technological trends, Porter's five forces analysis, and case studies.
COVID-19 Impact Analysis on Lingerie Market: Furthermore, the research assesses the impact of COVID-19 on the Lingerie market. The fundamental purpose of this research is to help users understand the market in terms of definition, segmentation, market potential, key trends, and difficulties that the industry confronts across major regions. The paper provides a microeconomic and macroeconomic analysis of the overall impact of COVID-19 on the Lingerie Market. The report focuses on market share and size, clearly demonstrating the pandemic's influence on the worldwide Lingerie Market in the next years.
Key Questions Answered in the Lingerie Market Report are:
- What will be the Lingerie market's CAGR throughout the projected period
- Which market category emerged as the market leader in the Lingerie industry?
- Who are the key players in the Lingerie market?
- What important trends in the Lingerie industry are anticipated to develop throughout the forecast period?
- How big will the Lingerie market be in 2027?
- In 2020, which business segment had the highest proportion of the Lingerie market?
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