Lingerie Market Size, Share, Growth Report 2030

Industry Perspective:

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).

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Introduction

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.

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Market Growth Drivers

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.

Global Lingerie Market: Report Scope:

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Global Lingerie Market: Product Segment Analysis

• Bra
• Knickers and Panties
• Loungewear
• Shapewear
• Others

Global Lingerie Market: Distribution Channel Segment Analysis

• Online Sales
• Storefront

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa