Asia-Pacific Lingerie Market Set To Record Exponential Growth By 2030
Lingerie Market Insights
The lingerie market refers to the industry that produces and sells intimate apparel, including bras, panties, corsets, hosiery, sleepwear, and other undergarments. This market includes a wide range of products designed to suit various styles, sizes, and preferences, from functional and basic to luxury and high-end. The lingerie market serves both women and men and has a global reach, with a wide range of brands and retailers competing for consumer attention and loyalty. Factors such as comfort, fit, design, and quality are key considerations for consumers in this market.
According to MRFR analysis, the global Lingerie Market Size is expected to register a CAGR of 4.52% from 2024 to 2032 and hold a value of over USD 135.16 billion by 2032.
Regional Analysis
The Asia Pacific region is the largest market for lingerie globally, driven by factors such as the growing number of working women, increasing disposable income, and the growing influence of western fashion trends in the region. The report also notes that China is the largest market for lingerie in the region, accounting for a significant share of the market.
Moreover, many international lingerie brands have also expanded their presence in the Asia Pacific region, recognizing the growth potential of the market. For instance, Victoria's Secret, a leading lingerie brand, has opened several stores in countries such as China and Japan, catering to the growing demand for intimate apparel in the region.
Market Segmentation
The Global Lingerie Market has been segmented into Product Type and Distribution Channel
Based on the Product Type, the market has been segmented into Briefs, Bras, Shapewear, and Others.
Based on the Distribution Channel, the market has been segmented into Store-Based and Non-Store-Based.
Key Players
Some of the key market players are L Brands, HanesBrands Inc, Triumph International, Chantelle, Jockey International, Wacoal, Calvin Klein, La Perla, Agent Provocateur, and Cosabella.
NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.
Contact us:
Market Research Future (part of Wantstats Research and Media Private Limited),
99 Hudson Street,5Th Floor, New York, New York 10013, United States of America
Arabic
Français
Español
Português
Deutsch
Türkçe
Dutch
Italiano
Russian
Romaian