The ‘Global Lingerie Market Size, Share, Price, Trends, Growth, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global lingerie market, assessing the market on the basis of its segments like types, distribution channels, and major regions.

The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the basis of SWOT and Porter’s Five Forces Models.

Lingerie Market Size, Share, Trends, Industry Report, Key Player, Major Segments, and Forecast

The key highlights of the report include:

Market Overview (2018-2028)

• Historical Market Size (2022): Around USD 81.1 Billion
• Forecast CAGR (2023-2028): 7.40%
• Forecast Market Size (2028): Nearly USD 123.4 Billion

A major factor driving the global lingerie market is the increasing usage of flexible fabrics to enhance the comfort level of innerwear. These fabrics are usually made of elastane bands, which provide a better fit and breathing space for wearers. Furthermore, their ability to stretch and fit different body types make them a popular choice in lingerie. The stretchable fabric can be used for the incorporation of bands, closures, and straps to provide an appropriate fit to the consumers. These fabrics can also be stretched to their maximum ability and their proper shape can be recovered, which makes them optimal for bras and shapewear. Besides, fabrics such as silk, sheer, cotton, lace, and nylon are widely used for the manufacturing of intimate wear.

Another major factor aiding the global lingerie market is the growing popularity of one-piece lingerie. One piece provides a seamless appearance and eliminates the hassle regarding the coordination of the two separate pieces. Meanwhile, seamless lingerie is also expected to witness robust growth in the forecast period as it provides a polished appearance. This lingerie provides discretion under any item of clothing, making it an ideal option for form-fitting outfits. It also provides a minimalist look due to the absence of thick seams while enhancing the aesthetic of the outfit.

Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/lingerie-market/requestsample

Briefs occupy a significant share of the global lingerie market due to their everyday usage to provide comfort and support protection. They are usually made from soft fabrics that provide proper breathing space and moisture wicking. It also offers full coverage and support to hips and waist and may even come with shaping panels to reinforce the shape. Additionally, it is available in various types such as hipster, bikini, and boy shorts to cater to a broad range of consumers.

Meanwhile, shapewear is expected to exhibit significant growth in the forecast period. It enables consumers to improve their posture by offering bust support. It comes in different styles such as bodysuits and camisoles and is often worn to special events to provide bust support and smoothening effect under gowns and dresses. Postpartum shapewear is often used by women for increased compression and support to the abdominal muscles during recovery.

The offline segment has maintained a steady growth in the global lingerie market over the years as the majority of consumers prefer visiting lingerie stores to find their right fit with the trials. Furthermore, they can closely inspect the quality of the garment, so there are no hassles of return afterwards.

Lingerie Industry Definition and Major Segments

Lingerie refers to intimate wear such as underwear, bras, and shapewear that are worn under clothing for comfort and support. It is primarily manufactured from materials such as cotton, nylon, silk, satin and sheer and comes in a wide variety of styles to accommodate the preferences of a broad range of consumers.

Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/lingerie-market

On the basis of type, the market is classified into:

• Bras
• Briefs
• Shape Wear
• Others

Based on distribution channel, the lingerie market is categorised into:

• Supermarkets/Hypermarkets
• Speciality Stores
• Online
• Others

Based on region, the market is divided into:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Lingerie Market Trends

A key trend propelling the growth of the global lingerie market is the expansion of online channels. Through online stores, consumers can easily browse through dozens of products from the comfort of their homes and choose from a wide range of styles according to their requirements. Online stores often provide large descriptive product information and sizing charts to support consumers in making informed decisions.

The increased disposable income is another crucial trend that drives the global lingerie market. Women are increasingly investing in luxury lingerie garments made from premium clothing that can offer superior support, enhanced comfort, and attractive appearance. Furthermore, evolving consumer behaviour prompts market players to develop lingerie with innovative designs and functional properties.

Several brands have set up their online stores on social media platforms such as Instagram to increase brand awareness and enhance their reach. Such platforms are also a powerful hub for marketing, which provides market players with the opportunity to collaborate with influencers with dedicated followers who can showcase and promote their products. Furthermore, brands can engage with their customers directly through comments and messages, allowing them the opportunity to resolve their queries and gain better insights. Brands can also ask for feedback to make necessary modifications based on the consumer input.

The Asia Pacific accounts for a substantial share of the global lingerie market, owing to the rapidly growing population and changing lifestyle of women in the region. Women are shifting to trendier and fashionable lingerie as opposed to traditional innerwear. Moreover, rapid urbanisation and increasing number of working women with high purchasing power are fuelling the demand for luxury and premium intimate wear, leading to the expansion of speciality lingerie brands. The region is also a huge market for bridal wear, which has led to an increased demand for shapewears and bridal lingerie.

Key Market Players

The major players in the global lingerie market 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
• Groupe Chantelle
• Others

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

Media Contact:

Company Name: Claight Corporation
Contact Person: Alex Parker, Business Consultant
Email: [email protected]
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: www.expertmarketresearch.com

The post Global Lingerie Market Size to Grow at a CAGR of 7.40% in the Forecast Period of 2023-2028 appeared first on Market Research Report.