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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Lingerie Market Size
The global lingerie market reached a value of approximately USD 87.10 billion in 2023. The market is further expected to grow at a CAGR of 7.3% between 2024 and 2032, reaching a value of USD 164.18 billion by 2032.
Lingerie Market Outlook
- In 2024, Victoria's Secret & Co. and Google Cloud announced a strategic, multi-year partnership. Victoria's Secret & Co. will leverage Google Cloud's AI and generative AI technologies to create more personalized and inclusive online shopping experiences for its global customers.
- In 2024, SP Apparels Limited, a garment manufacturer cum exporter has signed an agreement to acquire a 100% stake in Young Brand Apparel Private Limited, an intimate wear maker for Jockey and M&S.
- In 2022, Jockey International, Inc. announced the launch of the Jockey Outdoors Collection by Luke Bryan—stitched with style and his personality.
- In 2024, Calvin Klein unveils Spring 2024 Campaign Chapter Three via global brand ambassador and musical sensation JENNIE, in Calvin Klein Underwear and Jeans.
Lingerie Market Report Snapshots
Lingerie Market Regional Analysis
*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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Key Questions Answered in the Report
The market reached a value of approximately USD 87.10 billion in 2023.
The lingerie market is expected to grow at a CAGR of 7.3% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032, reaching a value of USD 164.18 billion by 2032.
The major market drivers include increasing emphasis on comfort and style, rising disposable incomes, and changing consumer preferences.
The key trends fuelling the growth of the market include the expansion of e-commerce and online retail platforms and the adoption of aggressive marketing strategies.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The various types of lingerie in the market are bras, briefs, and shapewear, among others.
The key players in the lingerie market, according to the report, are Jockey International, Inc., Victoria's Secret & Co., Calvin Klein, Inc., Hanesbrands Inc., Fruit of The Loom, Inc., PVH Corporation, Gap, Inc., Triumph International Ltd, H & M Hennes & Mauritz AB, MAS Holdings (Private) Limited, and Groupe Chantelle, among others.
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