The global lingerie market size was significantly robust in 2021 and is expected to register rapid revenue CAGR over the forecast period. Increasing spending power of population is a key factor expected to drive market revenue growth.
Lingerie include undergarments, sleepwear, and other light clothing that are worn for fashionable appeal along with being comfortable and functional. Lingerie are made from lightweight and smooth fabrics such as cotton, lycra, silk, satin, charmeuse, nylon, among others. Keeping the body clean, hygienic, and to provide protection from outer clothing abrasions are important factors of lingerie clothing. Increasing fashion awareness and inclination of customers toward exquisite designs providing added comfort and appeal are some factors expected to drive revenue growth of lingerie market. Moreover, increasing demand for one-piece lingerie, shape wears, and seamless intimate apparel are some other factors driving lingerie market. However, high prices and high cost of fashionable lingerie clothing are expected to hamper revenue growth of the market over the forecast period.
Top Companies Operating in the Global Lingerie Market Report:
- Jockey International Inc.
- MAS Holdings
- Victoria’s Secret
- Zivame
- Gap Inc.
- Hanesbrands Inc.
- Hennes Mauritz AB
- Triumph International Ltd.
- Bare Necessities
- Calvin Klein
- L Brands
- AEO Management Co.
- Yandy LLC
- Marks Spencer Plc.
- LVMH Moet Hennessy Louis Vuitton
- Hunkemoller International B.V.
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Revenue growth in the global consumer goods market is primarily due to factors such as the rapid increase in the world population, the growing demand for food and other essential goods, including healthcare nutrition, personal care hygiene, and electronic products. Consumer preferences and lifestyles are changing significantly, the demand for packaged and processed food and beverage products is rising, and the number of people working is increasing. There has been a rapid adoption of cutting-edge technologies such as artificial intelligence (AI), IoT (Internet of Things), big data analytics, robotics automation in the consumer goods industry. Other key factors driving the growth of the global consumer goods market include a growing awareness of the adverse environmental impacts of plastic packaging and a growing demand for eco-friendly and sustainable packaging solutions. Rising income levels in developing economies such as India and stringent government regulations for product quality and safety are expected to boost market revenue growth in the near future.
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
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Further market segmentation
Type Outlook (Revenue, USD Billion; 2019-2030)
- Brassiere
- Knickers
- Shapewear
Distribution Channel Outlook (Revenue, USD Billion; 2019-2030)
- Online stores
- Offline stores
Key Takeaways of the Global Lingerie Market Report:
- A comprehensive overview of the global Lingerie industry.
- Accurate market projections in terms of market size, share, and volume.
- Thorough study of the global market dynamics, such as major market revenue growth drivers, opportunities, threats, challenges, restraints, and future growth avenues.
- Deep-dive analysis of the upcoming market trends.
- Qualitative and quantitative analyses of the global Lingerie market.
- Elaborate study of the leading regional markets in the global Lingerie market.
- Complete overview of the market’s competitive landscape.
- Brief look at the company profiles and portfolios.
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