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The global bra market reached approximately USD 31.93 billion in 2023. The market is assessed to grow at a CAGR of 5.5% between 2024 and 2032 to attain a value of around USD 51.01 billion by 2032.
Bra refers to a piece of clothing that is worn as a part of women’s underwear. The function of a bra is to support and cover the breasts. In the contemporary world, they have become a quintessential part of women’s wardrobes and prevent the sagging of breasts, enhance their appearance, and improve the comfortability of wearers. Bra is composed of multiple parts, including cups for holding the breasts, straps for shoulder support, a band that wraps around the torso, and often a closure mechanism (like hooks and eyes). Some bras also have underwires for additional support.
There are various types of bras, each serving different needs or preferences. These include sports bras for physical activity, push-up bras for enhancing cleavage, T-shirt bras for a seamless look under tight tops, strapless and convertible bras for different styles of outerwear, and maternity and nursing bras for pregnant women and new mothers. Bras come in a wide range of designs, sizes, and styles to cater to different body types and personal tastes.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the market attained a value of nearly USD 31.93 billion.
The market is assessed to grow at a CAGR of 5.5% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 51.01 billion by 2032.
The growing popularity of sports bras and the evolving fashion movement are the major drivers of the market.
The key trends aiding the market are the increasing trend of inclusivity and diversity in fashion, the rising demand for bras made from sustainable materials, and surging R&D activities to develop bras with improved support and comfortability.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The significant distribution channels in the market are online and offline.
The major players in the market are JOCKEY International Inc., PVH Corp. (Calvin Klein), Hanesbrands Inc., Triumph Intertrade AG, H & M Hennes & Mauritz AB, Gap Inc., Chantelle, Wolf Lingerie S.A.S., INTIMI India Limited (Amante), and V.O.V.A., among others.
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