Lingerie Market | Leading Segments, Trends, Drivers and Challenges
Groupe Chantelle, Hanesbrands Inc., Jockey International Inc., MAS Holdings (Pvt) Ltd., Triumph International Pvt. Ltd., and Wacoal Holdings Corp. are some of the key market vendors
Accelerating at a CAGR of 4.77%, the Global Lingerie Market is expected to grow by $ 20.90 billion during the forecast period. Our research report offers growth projections of all the market segments, along with an in-depth analysis of all the factors that are likely to boost growth. This research also delves deep into issues that are likely to challenge market growth. This detailed analysis of the market will facilitate clients in planning a business strategy for the growth of their business in the post-pandemic era.
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Lingerie Market: Market Segments and Growth Forecasts
This research report will provide insights into the current market share of each segment along with growth projections for the next five years.
- Market is segmented by Distribution Channel (Offline and Online) and Geography (APAC, North America, Europe, MEA, and South America). Growth by the offline segment will be significant during the forecast period since this segment offers greater visibility and a wide assortment of products. Most of the prominent players operating in the global lingerie market sell their products through these specialty stores.
- 41% of the market growth will originate from APAC during the forecast period. China and Japan are the key markets for the lingerie market in APAC. Market growth in this region will be faster than the growth of the market in MEA, Europe, and North America. This can be attributed to the increase in the disposable income of people.
- This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Lingerie Market size.
Lingerie Market: Trends, Drivers, Challenges
The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.
- Growing online sales of lingerie will be a significant factor in driving the growth of the Lingerie Market. The growth can be attributed to rising product awareness through promotional campaigns on social media platforms such as Facebook, Twitter, Instagram, and YouTube. The online sales and visibility of products is further being enabled due to the rise in Internet and smartphone penetration and customer engagement practices adopted by lingerie vendors through their web portals and third-party online sellers.
- Mass customization and personalization will also be instrumental in driving the market growth during the forecast period.
- Availability of counterfeit products is a hurdle that needs to be crossed on the path to success. However, growing brand awareness and customer loyalty will help to mitigate such issues.
Lingerie Market: Vendor Analysis
- The market is fragmented.
- Groupe Chantelle, Hanesbrands Inc., Hop Lun (Hong Kong) Ltd., Jockey International Inc., MAS Holdings (Pvt) Ltd., Milastar Retail Pvt. Ltd., PVH Corp., Sockkobe Co. Ltd., Triumph International Pvt. Ltd., and Wacoal Holdings Corp. are some of the major market participants.
- The unprecedented outbreak of COVID-19 in 2020 has had a significant impact on market segments had a ripple effect on various stakeholders. Our vendor analysis and insights will provide you with all the information required to make the most of the opportunities and plan business recovery and growth post the pandemic.
Key Areas Covered in our Report:
- Lingerie Market Split by Distribution Channel
- Lingerie Market Split by Geography
- APAC
- North America
- Europe
- MEA
- South America
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Competitive scenario
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Groupe Chantelle
- Hanesbrands Inc.
- Hop Lun (Hong Kong) Ltd.
- Jockey International Inc.
- MAS Holdings (Pvt) Ltd.
- Milastar Retail Pvt. Ltd.
- PVH Corp.
- Sockkobe Co. Ltd.
- Triumph International Pvt. Ltd.
- Wacoal Holdings Corp.
For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.
The report provides insights into the following FAQs:
- What is the market CAGR?
The market will accelerate at a CAGR of 4.77%.
- What is the incremental growth of the market?
The market is expected to grow by $ 20.90 bn through 2022-2026.
- What is a key factor driving this market?
Growing online sales of lingerie will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
APAC, North America, Europe, MEA, and South America are the key regions featured in this research report.
- Which is the leading geographic region for this market:
41% growth will originate from APAC
- Who are the leading market vendors?
The leading vendors in this market are Groupe Chantelle, Hanesbrands Inc., Hop Lun (Hong Kong) Ltd., Jockey International Inc., MAS Holdings (Pvt) Ltd., Milastar Retail Pvt. Ltd., PVH Corp., Sockkobe Co. Ltd., Triumph International Pvt. Ltd., and Wacoal Holdings Corp.
- What are the market segments covered in this report?
The market is segmented by Distribution Channel (Offline and Online) and Geography (APAC, North America, Europe, MEA, and South America)
