According to a report, “Lingerie Market Size, Share & Trends Analysis Report By Type (Brassiere, Knickers), By Distribution Channel (Multi Brands Stores, Online), By Region, And Segment Forecasts, 2019－ 2025”, the rise in millennial population, and growing spending power is likely to propel the market growth during the forecast period. The demand for lingerie products is on rise due to the demand for regular wear fabrics.
Growing concerns for flexible fabric for lingerie is a major driver for market demand. For instance, there is a huge demand for products such as polyester, satin, lace, lycra, sheer, and cotton. Lingerie designers are emphasizing on creating products with lace, embroidery, luxurious materials, and brighter hues, which is expected to drive the market over the forecast period. Consumers are more inclined towards color, fabric, and style, which is encouraging the manufacturers to introduce trendy lingerie suitable for various activities. For instance, Jockey offers a wide range of nursing and sports brassieres.
Companies, in an effort to tap the large customer base are focusing on offering products in trendy designs and shapes that are suitable for various purposes to help the customers choose the right lingerie. For instance, manufacturers have been expanding their product portfolio by including brassiers and knickers appropriate for everyday wear, bridal attire, sportswear, beach purpose, and seamless to name a few.
Lingerie Market Report Highlights:
Brassiere dominated the market and held a share of more than 50.0% in the past few years.
Europe dominated the global market in 2018 and generated a revenue of USD 11.4 billion.
APAC is expected to witness the fastest growth and account for a share of about 19.0% by 2025.
The online distribution channel is expected to expand at a CAGR of 7.8% over the forecast period, driven by increasing popularity and penetration of e-retailers and company owned online websites.
“Would you Like/Try a Sample Report” Click the link below:https://www.grandviewresearch.com/industry-analysis/lingerie-market/request/rs1
Grand View Research has segmented the global lingerie market on the basis of type, distribution channel, and region:
Lingerie Type Outlook (Revenue, USD Billion, 2015－2025)
Brassiere
Knickers
Shape Wear
Other
Lingerie Distribution Channel Outlook (Revenue, USD Billion, 2015－2025)
Specialty Stores
Multi Brand Stores
Online
Lingerie Regional Outlook (Revenue, USD Billion, 2015－2025)
North America
U.S.
Europe
U.K.
Germany
Asia Pacific
India
China
Central & South America
Brazil
Middle East & Africa
UAE
List of Key Players for Lingerie Market:
L Brands Inc.;
Zivame;
Clovia;
Wolf Lingerie SA;
Hanesbrands Inc.
Have Any Query? Ask Our Experts for More Details on Report:https://www.grandviewresearch.com/inquiry/5968/ibb
Browse Related Report @
Women Wear Market – https://www.grandviewresearch.com/industry-analysis/women-wear-market
Explore the BI enabled intuitive market research database, Navigate with Grand View Compass, by Grand View Research, Inc.
About Grand View Research
Grand View Research is a market research and consulting company that offers market research reports, syndicated and customized reports. The company is headquartered in San Francisco, California. It offers client engagement for business consulting and market intelligence from various domains. The clientele is based across various countries with queries coming from more than 50 industries worldwide.
Grand View Research helps its clients to make informed decisions by helping them understand current trends and scenarios. Every year Grand View Research accomplishes more than 300 multi-country market studies to optimize consulting for clients.
Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1888202951
Address:Grand View Research, Inc. 201 Spear Street 1100 San Francisco, CA 94105, United States
City: San Francisco
State: California
Country: United States
Website: https://www.grandviewresearch.com/industry-analysis/lingerie-market