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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Lingerie Market Regional Analysis
Asia Pacific Region To Soar High In Demand For Rapid Urbanisation And Changing Societal Values
The Asia Pacific region is anticipated to witness growth and generate significant lingerie industry revenue in the coming years. This growth can be attributed to the increasing population, the presence of a strong consumer base, and widespread manufacturing facilities in countries such as China, India, and Japan. Furthermore, the expansion of the e-commerce industry and rising disposable incomes are also fuelling the growth of the market.
Rapid urbanization and increase in disposable incomes are leading to a move towards high-end and branded lingerie and pushing the demand of lingerie market. Furthermore, the shifting values of society make intimate apparel more accepted amongst the younger class of consumers. The rise of e-commerce makes access to options easier, giving more choices to consumers. Increased awareness regarding body positivity and inclusivity gets brands to cater to a wider range of sizes and styles, appealing to more consumers.
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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