Lingerie Market Size, Share, Industry Trends and Forecast to 2033
This market report provides comprehensive insights into the Lingerie industry, covering market size, growth forecasts from 2023 to 2033, and regional analysis. It explores current trends, key players, and the segmentation of consumer demographics to inform stakeholders and businesses.
Metric | Value |
---|---|
Study Period | 2023 - 2033 |
2023 Market Size | $50.00 Billion |
CAGR (2023-2033) | 5.7% |
2033 Market Size | $88.18 Billion |
Top Companies | Victoria's Secret, Calvin Klein, ThirdLove, Aerie, Hanky Panky |
Last Modified Date | 15 Nov 2024 |
Lingerie Market Report (2023 - 2033)
Lingerie Market Overview
What is the Market Size & CAGR of Lingerie market in 2023?
Lingerie Industry Analysis
Lingerie Market Segmentation and Scope
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Lingerie Market Analysis Report by Region
Europe Lingerie Market Report:
The European lingerie market, valued at $16.24 billion in 2023, is forecasted to grow to approximately $28.64 billion by 2033. The European market is defined by its emphasis on sustainability, with ethical production methods appealing to consumers. Germany, the UK, and France are leading markets contributing to this growth.Asia Pacific Lingerie Market Report:
The Asia-Pacific lingerie market is anticipated to grow from $9.43 billion in 2023 to $16.63 billion by 2033. This growth is fueled by the rising disposable income, urbanization, and a growing consciousness of fashion trends among young consumers. Countries like China and India display significant potential for market expansion as local brands capture domestic demand.North America Lingerie Market Report:
North America's lingerie market size is expected to increase from $17.57 billion in 2023 to $30.99 billion by 2033. The region benefits from high penetration of premium brands and a strong emphasis on body positivity. E-commerce continues to be crucial, with consumers increasingly preferring online shopping due to convenience.South America Lingerie Market Report:
In South America, the lingerie market is projected to rise from $3.91 billion in 2023 to $6.89 billion in 2033. The growing acceptance of diversified body shapes and increased online retail penetration are contributing factors. Brazil leads the region as a significant market player and is witnessing a shift towards premium lingerie products.Middle East & Africa Lingerie Market Report:
The Middle East and Africa are witnessing a market shift from $2.85 billion in 2023 to an estimated $5.04 billion by 2033. The rising middle class, coupled with increased access to international brands and online shopping, is driving this growth. The regional market is characterized by heightened demand for both luxury and everyday wear.Request a custom research report for industry.
Lingerie Market Analysis By Product Type
Global Lingerie Market, By Product Type Market Analysis (2023 - 2033)
The product segmentation includes bras, panties, shapewear, and others. In 2023, bras comprise a substantial market share valued at $28.94 billion, projected to reach $51.04 billion by 2033. Panties are valued at approximately $11.04 billion in 2023, increasing to $19.48 billion. Shapewear, worth $5.01 billion in 2023, is anticipated to grow to $8.84 billion, reflecting rising trends in body shaping garments.
Lingerie Market Analysis By Material
Global Lingerie Market, By Material Market Analysis (2023 - 2033)
Cotton remains the dominant fabric, valued at $28.94 billion in 2023, expected to reach $51.04 billion by 2033. Lace is projected to develop from $11.04 billion to $19.48 billion over the same period. Synthetic fibers and silk, while smaller segments, exhibit robust growth, increasing from $5.01 billion to $8.84 billion for synthetic fibers and $5.00 billion to $8.83 billion for silk.
Lingerie Market Analysis By Distribution Channel
Global Lingerie Market, By Distribution Channel Market Analysis (2023 - 2033)
Online retail is where significant growth is expected, expanding from $44.23 billion in 2023 to $78.01 billion by 2033, showcasing a growing consumer preference for e-commerce. Offline retail is projected to grow at a slower rate, from $5.77 billion to $10.18 billion.
Lingerie Market Analysis By Consumer Demographics
Global Lingerie Market, By Consumer Demographics Market Analysis (2023 - 2033)
The women’s segment dominates the market, valued at $31.25 billion in 2023 and expected to reach $55.11 billion by 2033. Plus-size lingerie and teenagers also represent significant segments, with values of $13.16 billion and $5.58 billion, respectively, for the same years.
Lingerie Market Analysis By Occasion
Global Lingerie Market, By Occasion Market Analysis (2023 - 2033)
Everyday wear leads the segment with revenues of $31.25 billion in 2023, projected to grow to $55.11 billion. Bridal lingerie follows closely, expanding from $13.16 billion to $23.22 billion over the decade, indicating a trend in premium bridal lingerie purchases.
Lingerie Market Trends and Future Forecast
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