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Lingerie Market To Reach $141.81 Billion By 2030 | CAGR: 6.1%

The global lingerie market size is expected to reach USD 141.81 billion by 2030, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.1% from 2023 to 2030. The increasing economically independent women population, the rising focus on style quotient and luxury, and the swelling popularity of loungewear, shapewear, knickers, and panties are the factors that drive the market. Additionally, the growing number of women participating in fitness-related activities including marathons, gym, and other sports is further anticipated to surge the demand for products such as sports bras, thus fuelling the growth of the market. The high cost of raw materials and design may hamper the growth of the market.

The COVID-19 pandemic has had a negative impact on the market. In 2020, the collective effect of outlet closings, stinginess resulting from the quickly declining economic situation, and the discretionary character of lingerie made it one of the worse hit apparel categories due to the COVID-19 pandemic. Additionally, the manufacturing hubs operating globally faced a double impact. Due to the COVID-19 pandemic, manufacturing operations came to a halt, followed by an increasing number of order cancellations from foreign clients unable to sell or stock merchandise.

The briefs segment accounted for the largest share of over 55.0% in 2022. This can be attributed to the availability of several products made of comfortable fabric including cotton and nylon, designed with different styles such as hipster, shorts, and full briefs. Moreover, various key players offer special kinds of knickers with jacquard and lace designs, no VPL lace trim, and high waist control to provide comfort and other benefits, which drive the demand for the segment.

North America held the second-largest revenue share in 2022. This is attributed to the presence of a large number of lingerie companies, consumers’ inclination toward premium lingerie brands, and the growing adoption of clean and comfortable lingerie in this region. Most of the manufacturers operating in the region launched various lingerie products to cater to a large number of customers. For instance, in 2018, Victoria’s Secret launched a new line of lingerie in Miami to expand its brand’s product portfolio.

Major companies are focused on launching innovative lingerie products as per the changing fashion trend and consumer demands. Various companies are mostly utilizing e-commerce platforms to offer premium-quality branded lingerie to consumers with increased convenience. In April 2021, Calvin Klein, a PVH Corporation brand, launched its new, sustainable underwear and dual-gender loungewear range produced using sustainably sourced materials, which contributed to the round textile economy through recycled materials.

Lingerie Market Report Highlights

Asia Pacific is expected to expand at the fastest CAGR over the forecast period. This is attributed to the presence of a large number of end-users in the region, which is increasing by the expanding popularity of e-commerce, growing disposable incomes, and changing consumer preferences

The shapewear product type segment is likely to expand at the fastest CAGR over the forecast period. This is attributed to the influence made by the philosophy of body positivity, thus encouraging buyers to purchase products. Furthermore, the growing demand for intimates with the flexibility to appear more attractive and comfortable is expected to drive the segment over the forecast period

The online distribution channel segment is likely to expand at the fastest CAGR from 2023 to 2030. This is attributed to the growing popularity of branded as well as exclusive products. Additionally, online stores and websites offer all types of lingerie products, thus fueling the segment growth

Lingerie Market Segmentation

Grand View Research has segmented the global lingerie market on the basis of product type, distribution channel, and region:

Lingerie Product Type Outlook (Revenue, USD Billion, 2017 - 2030)

Briefs

Bras

Shapewear

Others

Lingerie Distribution Channel Outlook (Revenue, USD Billion, 2017 - 2030)

Offline

Online

Lingerie Regional Outlook (Revenue, USD Billion, 2017 - 2030)

North America

U.S.

Canada

Mexico

Europe

U.K.

Germany

France

Italy

Spain

Asia Pacific

China

Japan

India

South Korea

Indonesia

Central & South America

Brazil

Middle East & Africa

South Africa

List of Key Players of Lingerie Market

Jockey International Inc.

Victoria’s Secret

Zivame

Gap, Inc.

Hanesbrands Inc.

Triumph International Ltd.

Hunkemoller

Bare Necessities

Calvin Klein

MAS Holdings

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The replica rolex yacht master watches is categorized as a mid-sized ladies’ timepiece. It forms part of the wider range of Datejust models, which are dress watches featuring a date display window, complete with a ‘Cyclops’ magnifying lens. The 31mm case size represents a significant step up from the 26mm or 28mm models,   replica rolex lady datejust watches 

However, within the Datejust 31 line, there are actually a wide range of different watches to choose from, with buyers needing to decide between different case materials, dial colors, dial marker options and bezels. In this guide, we explore the various options available to buyers, comparing design choices and affordability.

All these fundamentals play an important role in fake rolex watches prestige. But there is much more to the bra nd. Other watch manufacturers, such as Patek Philippe and Audemars Piguet are equally apt at producing sublime  replica rolex watches.

  fake rolex watches  , however, has a rich and varied history of innovation and leadership in watchmaking. replica rolex uk have also been worn by global personalities from the worlds of sports, cinema, politics and business. Paul Newman, Steve McQueen, Elle Macpherson, Winston Churchill, Dr Martin Luther King, Che Guevara, John F Kennedy, Marlon Brando, Cristiano Ronaldo, and Victoria Beckham are just some of the most popular Rolex owners.

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