Global Lingerie market, which was estimated at approximately 40 (USD Billion) in 2019 and is predicted to accrue earnings worth nearly 73 (USD Billion) by 2026, is set to record a CAGR of nearly 6.45% over 2020-2026.
The global Lingerie market, which was estimated at approximately 40 (USD Billion) in 2019 and is predicted to accrue earnings worth nearly 73 (USD Billion) by 2026, is set to record a CAGR of nearly 6.45% over 2020-2026. The report offers valuation and analysis of Lingerie market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, sales estimates, avenues, current & emerging trends, and industry-validated market data. The report offers historical data from 2017 to 2019 along with a forecast from 2020 to 2026 based on value (USD Billion).
Lingerie is a kind of brassier or a sleepwear wore by women and it offers them comfort while performing routine activities. Furthermore, it is produced by using one or more kinds of fabrics including lace, nylon, silk, polyester, Lycra, satin, and sheer fabrics. Moreover, lingerie designers are focusing on producing the product with brighter hues, lace, luxurious materials, and embroidery. Bra is also one kind of lingerie and is available in myriad shapes and sizes.
Rise in the awareness among the ladies about the best fit undergarments along with increase in the working population of the women will drive the market growth over the estimated timeframe. Apart from this, new fashion trends witnessed among the young women population as well as millennial population base will define the growth of lingerie industry in the years to come. In addition to this, a prominent bulge in the accessibility of lingerie in plethora of designs for sports activities and routine wear or bridal wear will culminate into high industry surge over the forthcoming years. Growing beauty consciousness among the women population along with the craving for fashionable lingerie products among the teenage population as well as baby boomers will prop up the market size over the years ahead. A persistent need for feeling comfortable will result in product innovations, thereby steering the market proceeds in the forthcoming years.
North America To Capture Big Chunk Of Global Market Share By 2026
The expansion of the industry in the sub-continent over the estimated timeline is due to massive product sales in the region with firms offering the products in myriad sizes, fabric material, designs, and packaging in order to remain competitive in business. Apart from this, manufacturers in the countries like the U.S. and Canada are making use of internet and social media for promoting their products apart from TV and other media of advertising & communications. Moreover, presence of giant firms in the sub-continent is predicted to avail new growth avenues for the business in the zone over the projected timeline.
Key players profiled in the study include L Brands Inc., MAS Holdings Limited, Marks and Spencer, Jockey International Inc., Wisconsin, Hanes, Ann Summers, Groupe Chantelle, LVMH, and PVH Corporation.
Report Attributes | Report Details |
---|---|
Report Name | Lingerie Market |
Market Size in 2019 | USD 40 Billion |
Market Forecast in 2026 | USD 73 Billion |
Compound Annual Growth Rate | CAGR of 6.45% |
Number of Pages | 110 |
Forecast Units | Value (USD Billion), and Volume (Units) |
Key Companies Covered | L Brands Inc., MAS Holdings Limited, Marks and Spencer, Jockey International Inc., Wisconsin, Hanes, Ann Summers, Groupe Chantelle, LVMH, and PVH Corporation. |
Segments Covered | By Product Type, By Application, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latian America, Middle East and Africa (MEA) |
Countries Covered | North America: U.S and Canada Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific Latin America: Brazil, Argentina, Chile The Middle East And Africa: South Africa, GCC, Rest of MEA |
Base Year | 2019 |
Historical Year | 2015 to 2018 |
Forecast Year | 2020 - 2026 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
By Region
FrequentlyAsked Questions
Rise in the awareness among the ladies about the best fit undergarments along with increase in the working population of the women will drive the market growth over the estimated timeframe. Apart from this, new fashion trends witnessed among the young women population as well as millennial population base will define the growth of lingerie industry in the years to come. In addition to this, a prominent bulge in the accessibility of lingerie in plethora of designs for sports activities and routine wear or bridal wear will culminate into high industry surge over the forthcoming years.
According to Zion market research report, the global Lingerie market, which was estimated at approximately 40 (USD Billion) in 2019 and is predicted to accrue earnings worth nearly 73 (USD Billion) by 2026, is set to record a CAGR of nearly 6.45% over 2020-2026.
North America is likely to make noteworthy contributions towards overall market size during forecast timespan. The regional market growth over 2020-2026 can be ascribed to massive product sales in the region with firms offering the products in myriad sizes, fabric material, designs, and packaging in order to remain competitive in business. Apart from this, manufacturers in the countries like the U.S. and Canada are making use of internet and social media for promoting their products apart from TV and other media of advertising & communications. Moreover, presence of giant firms in the sub-continent is predicted to avail new growth avenues for the business in the zone over the projected timeline.
The key players profiled in the report include L Brands Inc., MAS Holdings Limited, Marks and Spencer, Jockey International Inc., Wisconsin, Hanes, Ann Summers, Groupe Chantelle, LVMH, and PVH Corporation.
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