Market Overview
The global lingerie market is anticipated to register a significant CAGR of 4.52% to surpass the largest market value of USD 1,23,328.89 million by the end of 2028. The main job of undergarments is to keep up with cleanliness. Lingerie additionally shields the body from outerwear made of less agreeable textures while shielding the garments from real emissions.

Attributable to this, market players for the most part make lingerie from material materials like cotton, which is delicate, light, and clean. Customarily, the primary cloth in touch with the female body was utilized for feminine stream and is the antecedent of present sterile towels. Other texture materials that makers use to deliver lingerie are material, silk, and moderately light manufactured weaving, like fabric, shirt, silk, yard, percale, muslin, or net that position them under the extravagance section.

The worldwide lingerie market has observed the largest development rate throughout the most recent couple of years and is projected to enlist a 4.52% CAGR during the estimated time frame. Different variables are driving the development of the market. The developing working ladies’ populace is significantly driving the market development.

Likewise, item advancement with the development of the attire business is projected to add to the unmentionables market development. The development of the coordinated retail area in Asia-Pacific is further helping the development of the market.

The solid impact of online media and advertising techniques gives a worthwhile market to the current players. Be that as it may, the presence of the sloppy area is limiting the development of the market

Market Segmentation
The global lingerie market has been classified into Product Type, price range, and distribution channel.
Based on product type, the global market has been divided into bras, knickers &panties, shapewear, loungewear, and others.
Based on the price range, the market is bifurcated into economy and premium. In terms of distribution channels, the global lingerie market has been bifurcated into store-based and non-store-based. The non-store-based channel is again divided into direct and indirect.

Regional Analysis
Geographically, the global lingerie market has been studied across North America, Europe, Asia-Pacific, and the Rest of the World.

Asia-Pacific is expected to lead the global lingerie market having the largest market share of 42.95% in 2020. The regional market is anticipated to expand a CAGR of 4.39% during the review period owing to the rising population in developing economies and the rising prevalence of the female workforce in Asia-Pacific.

North America is expected to register a healthy CAGR of 4.54% during the review period owing to the second-largest lingerie market of 27.36% in 2020. The regional market is attributed to the growing working women population in the US, inventions in the designs, colors, and materials in lingerie, and the developing product portfolio of major manufacturers.

Major Players
The key players of the global lingerie market are Yandy LLC (US), Jockey International, Inc (US), Fashion Nova Inc. (US), Hennes & Mauritz AB (Sweden), Marks and Spencer plc (UK), Victoria’s Secret (US), Group Chantelle (France), MAS Holdings (Sri Lanka), LVMH Moët Hennessy Louis Vuitton (France), and Hunkemöller International BV (Netherlands).

COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.

Related Report: Thermal Underwear Market – Forecast till 2028

The post Lingerie Market Forecast till 2028 first appeared on CRI Report.

Product Overview
Lingerie is an integral part of a woman’s wardrobe, and as fashion trends change, so does the market for lingerie with exclusive designs and patterns. Lingerie is a style of underwear that is generally made of one or more stretchy fabrics. Nylon, polyester, satin, lace, sheer fabrics, Lycra, and silk are examples of these fabrics. These materials aren’t generally used in more practical and simple underwear. Cotton is widely used in these goods. Lingerie designers are increasingly emphasizing lace, embroidery, luxury fabrics, and lighter hues in their designs. Manufacturers and wholesalers buy lingerie, which is then sold to the general public. Since lingerie has become a valuable product in the fashion industry, many catalogs, supermarkets, and e-commerce sites are expanding their lingerie range. Lingerie has higher profit margins than traditional fashion, and merchants are spending more time and resources in the market as a result. There are new lingerie lines on sale, as well as older lingerie pieces that have been redesigned. The lingerie industry is becoming more competitive. As a result, manufacturers and retailers are focusing on niche lingerie products.

Market Highlights
Global Lingerie Market is expected to project a notable CAGR of 6.62% in 2030.
Global Lingerie Market to surpass USD 64.3 billion by 2030 from USD 33.87 billion in 2020 at a CAGR of 6.62% in the coming years, i.e., 2021-30. The growth of this market is attributed to the developing e-commerce sector, including shopping websites. This, in turn, is inducing major players to focus on enhancing their business via online stores and sites. E-commerce allows the simple purchasing of goods manufactured in remote locations. This, in turn, has made a major contribution to the development of the global Lingerie industry.

Global Lingerie Market: Segments
Brassiere segment to grow with the highest CAGR during 2020-30
Global Lingerie Market is segmented by Product Type into Brassiere, Knickers, Shape Wear, and Others. Brassiere segment held the largest market share in the year 2020. Fabric supply and continuous technical advances have allowed designers to produce revolutionary products while retaining their market supremacy. Companies use fabrics with elastic laces, pleated polyester, tulle, and microfiber for the innovative nature of lingerie. Developments such as leaser cut seamless, model, and full t-shirts brasserie are now readily accessible with various precise sizes. Ritratti, for example, is an Italian brand that produces brassieres with liquid silicon embedded in them. Mesh Intimate, on the other hand, offers brassieres with ruffle trims.

Online segment to grow with the highest CAGR during 2020-30
Global Lingerie Market is segmented by distribution channels into online and offline. Over the forecast period, the online distribution channel is projected to expand at the fastest pace. Sales via this channel have been powered by the increasing popularity of e-commerce platforms among manufacturers and high internet penetration.

Market Dynamics
Drivers
Increasing Awareness About Best Fit and Growing Availability
Over the forecast period, the market is expected to be powered by increasing awareness about the best fit, a growing millennial population, and increased purchasing power among women. The global market is also being guided by the growing availability of a wide range of products in different designs for various purposes such as sports, bridal wear, and everyday wear. The growing growth of the global market can also be attributed to women’s desire to improve their natural attractiveness.

Increasing Concerns About Versatile Use of Fabric and Leading Manufacturers
Another factor driving the demand is increasing concerns about the use of versatile fabric in lingerie. The use of fabrics such as nylon, polyester, satin, lace, sheer, lycra, silk, and cotton is growing demand for the commodity. Designers are emphasizing lace, embroidery, luxurious fabrics, and lighter hues in their lingerie, which is expected to boost the demand over the forecast era. Color, fabric, and style are becoming increasingly important to customers, leading manufacturers to introduce chic lingerie that can be worn for a variety of activities. Jockey, for example, has a wide variety of nursing and sports brassieres. Consumer demand for seamless and one-piece intimate apparel with a natural appearance is rising, which is fueling global market development.

Restraint
Changing Fashion Trends as Well as Consumer Tastes
Changing fashion trends, as well as a constant change in customer tastes and expectations, have resulted in increasing prices for the lingerie market over time. As a result, rising production costs for the market are having a negative effect on the global lingerie industry.

Global Lingerie Market: Key Players
Yandy LLC

Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis

Marks & Spencer Group plc
Victoria’s Secret
Groupe Chantelle
MAS Holdings
Jockey International, Inc.
Fashion Nova, Inc.
Hennes & Mauritz AB
LVMH Moët Hennessy – Louis Vuitton SE
Hunkemöller International B.V.
Triumph International
Other Prominent Players
Global Lingerie Market: Regions
Global Lingerie Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Global Lingerie in Asia Pacific held the largest market share of XX.X% in the year 2020 in terms of revenue. To gain a competitive edge, businesses distinguish their products in terms of offerings, size, content, packaging, and design. Companies are now using digital and social media ads to warn customers of new product releases. The product demand is being driven by a rise in understanding of best suits as use, changes in working millennial’ lifestyles, increased income to invest in best available goods and an obsession with maintaining a well-groomed structure. Consumers are likely to spend money on new goods in the near future. To meet a broader customer base, foreign companies are opening stores in the city.

Global Lingerie Market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA
Global Lingerie Market report also contains analysis on:
Lingerie Market Segments:
By Product Type
Brassiere
Knickers
Shape Wear
Others
By Distribution Channel
Online
Offline
Lingerie Market Dynamics
Lingerie Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
Lingerie Market Report Scope and Segmentation:

Frequently Asked Questions
How big is the Lingerie market?
What is the Lingerie market growth?
Which segment accounted for the largest Lingerie market share?
Who are the key players in the Lingerie market?
What are the factors driving the Lingerie market?
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The post Global Lingerie Market Analysis and Forecast Report 2030 first appeared on CRI Report.

Underwear refers to close-fitting clothing also called internal fashion, which can be divided into three types, namely undershirt, adjusting underwear (correcting underwear) and ornamental underwear.

China underwear industry started from knitted underwear and cotton jersey at the beginning of reform and opening-up. During the period of brand start-up represented by environmentally friendly underwear, it suffered from the price war, concept war and advertisement war. Afterwards, its development was relatively mature. The preliminary brand layout and industry layout took shape. There existed basic product segmentation. The sizeable underwear industry included relatively entire industry sectors covering knitted sweater and pant, thermal underwear, pajamas, T-shirt, lingerie, etc. Presently, there are famous underwear brands such as AB and Three Gun in China underwear industry.

The basically perfect and mature industry and market system comes into being in China underwear industry. There emerges production cluster (factories are mainly located in Guangdong Province, Zhejiang Province, Beijing, Jiangsu Province, etc.) in China underwear industry. Moreover, it developed from OEM to a new stage featured with self-owned brand innovation.

According to CRI, the market size of China underwear industry kept growing in recent years. In 2016, the market size of domestic underwear industry surpassed CNY 280 billion. Lingerie accounts for 60% of the whole underwear market, serving as the key section of the underwear industry.

The market concentration rate is quite low in China underwear industry. Based on CRI, there are over 3,000 brands in China underwear industry, however, the market share of Top 5 enterprises is less than 10%. The market share of international famous brands such as Victoria’s Secret exceeds 10% in the U.S. and Japan. The low market concentration rate in China explains the relatively low barriers to entry. It is relatively easy to occupy the market with differentiated products. In terms of the present domestic garment industry, the underwear market enjoys prominent profits and growth rate, providing the access to the domestic underwear market with a golden chance. With the increasing living standards of Chinese residents, their demand for underwear keeps growing accordingly.

Chinese underwear market steps into segmentation era. First tier cities gradually focus on fashion and individual consumption, which are followed by second tier cities combining the radiation effect of practical products on the lower tier cities. Third and fourth tier cities and rural areas pay attention to the utilitarian consumption. The segmentation of ages became a segmentation orientation of underwear development in recent years. Personalized underwear, fashionable underwear and functional underwear gradually separate from traditional underwear.

With the level-up living standard in China, underwear gradually serves as the supplement of outerwear instead of the pure wearing function. The collocation of underwear and fashion is becoming a kind of development trend. No matter the personalized products or traditional ones possess increasingly high technological content. In addition to aesthetics, lingerie needs to be good for both bodybuilding and health care.

Based on CRI, CAGR of Chinese underwear market will maintain around 10% in 2017-2021. The market size of China underwear industry will exceed CNY 450 billion up to 2021. In terms of trend, segmentation of Chinese underwear will be the future development trend of China underwear industry. Underwear brands should further the research on consumers of different levels, ages and consumption structures to design and exploit series products which can meet the consumers’ requirements.

Through this report, the readers can acquire the following information:

-Development Environment of China Underwear Industry

-Development Status of China Underwear Industry

-Key Enterprises in China Underwear Industry and Their Operation Status

-Market Competition of China Underwear Industry

-Consumer Behaviors in China Underwear Industry

-Segmentation Industry of China Underwear Industry

-Major Driving Forces and Market Opportunities in China Underwear Industry

-Threats and Challenges Faced by China Underwear Industry

-Development Trend of China Underwear Industry, 2017-2021

https://www.cri-report.com/product/u-s-thermal-underwear-market-research-report-forecast-to-2022/

Table of Contents

1 Basic Concepts of Underwear Industry

1.1 Definition and Classification of Underwear

1.1.1 Definition of Underwear

1.1.2 Classification of Underwear

1.2 Analysis on Underwear Industry Chain

1.2.1 Major Raw Materials

1.2.2 Major Enterprises

1.2.3 Downstream Customers

1.3 Research Methods of the Report

1.3.1 Parameters and Assumptions

1.3.2 Data Sources

1.4 About CRI

2 Operation Status of China Underwear Industry, 2011-2016

2.1 Development Environment of China Underwear Industry

2.1.1 Policy Environment

2.1.2 Economic Environment

2.1.3 Social Environment

2.2 Supply Status of China Underwear Industry, 2011-2016

2.2.1 Major Underwear Types in China

2.2.2 Major Production Areas of Underwear in China

2.2. 3 Analysis on Production Capacity and Output Volume of Underwear in China

2.3 Demand on Underwear in Chinese Market, 2011-2016

2.3.1 Market Size of Underwear in China

2.3.2 Analysis on Niche Demand of Chinese Underwear

2.4 Barriers to Entry of China Underwear Industry

2.4.1 Policy Barriers

2.4.2 Capital Barriers

2.4.3 Technical Barriers

2.4.4 Brand Barriers

3 China Underwear Segment Industry, 2011-2016

3.1 Thermal Underwear

3.1.1 Status of China Thermal Underwear Industry

3.1.2 Development Trend of China Thermal Underwear Market

3.2 Knitted Underwear

3.2.1 Market Development Status of China Knitted Underwear Industry

3.2.2 Development Trend of China Knitted Underwear Industry

3.3 Lingerie

3.3.1 Analysis on Lingerie in China

3.3.2 Lingerie Market Development Trend

3.4 Men’s Underwear

3.4.1 Market Status of Men’s Underwear in China

3.4.2 Development Trend of Men’s Underwear Brands in China

3.5 Pajamas

3.5.1 Development Status of China Pajamas Industry

3.5.2 Development Trend of China Pajamas Industry

3.7 Others

4 Analysis on Consumption Behaviors in Chinese Underwear Market, 2011-2016

4.1 Consumption Status of Underwear in China

4.1.1 Underwear Brand Concept of Consumers

4.1.2 Increasing Underwear Consumption Level in China

4.1.3 Underwear Consumption in Network Era

4.2 Analysis on Chinese Underwear Consumers

4.2.1 Consumption Objectives

4.2.2 Consumer Behaviors and Market Countermeasures in China Underwear Industry

4.2.3 Analysis on Purchase Behaviors of Underwear Consumers

4.2.4 Factors Influencing Consumers’ Purchase Behaviors

4.3 Figure of Chinese Ladies and Underwear Consumption Features

4.3.1 Overview of Figure Changes on Chinese Ladies

4.3.2 Physical Characteristic Differences of Ladies in All Ages

4.3.3 Physical Characteristic Differences of People in Different Areas

4.3.4 Research and Analysis of Underwear Consumption Characteristics

4.4 Potentials and Trend of Underwear Consumption in China

4.4.1 Analysis on Development Potentials of Underwear Consumption

4.4.2 Lingerie Consumption Trend

5 Analysis on Import and Export of Underwear in China, 2011-2016

5.1 Export of Chinese Underwear

5.1.1 Total Export Volume of Chinese Underwear

5.1.2 Factors Influencing Export of Chinese Underwear

5.1.3 Prediction on Export Trend of Chinese Underwear

5.2 Analysis on Import of Underwear in China

5.3 Export Quota of Textiles

6 Analysis on Competition in China Underwear Industry, 2011-2016

6.1 Competitiveness of China Underwear Industry

6.1.1 Overall Competitiveness of China Underwear Industry

6.1.2 Prediction on Competitiveness Development of China Underwear Industry

6.2 Analysis on Competition among Underwear Brands

6.2.1 Market Competition of High-end Underwear in China

6.2.2 Competition Status of High-end Lingerie

6.2.3 Competition Status in Thermal Underwear Market

6.3 Competition Status of Key Areas in China Underwear Industry

6.3.1 Yiwu, Zhejiang Province

6.3.2 Wenzhou, Zhejiang Province

6.3.3 Yanbu of Foshan, Guangdong Province

6.3.4 Shenzhen

6.3.5 Quanzhou, Fujian

6.3.6 Other Regions

7 Analysis on Production Costs and Sales of China Underwear Industry, 2013-2016

7.1 Underwear Production Costs in China, 2013-2016

7.1.1 Costs of Raw Materials

7.1.2 Labor Costs

7.2 Price Trend in China Underwear Market, 2013-2016

7.3 Analysis on Factors Influencing Underwear Production Costs and Prices in China

8 Analysis on Key Enterprises in China Underwear Industry, 2011-2016

8.1 Triumph

8.1.1 Enterprise Profile of Triumph

8.1.2 Operation Status of Triumph in Chinese Market

8.2 Wacoal

8.2.1 Enterprise Profile

8.2.2 Operation Status of Wacoal in Chinese Market

8.3 Embry Group

8.4 Shanghai Three Gun (Group) Co., Ltd.

8.4.1 Enterprise Profile

8.4.2 Operation Status

8.5 Jiangsu AB Group Co., Ltd.

8.6 Beijing Aimer Lingerie Co., Ltd.

8.7 Shanghai Bailian Group Co., Ltd.

8.8 Shanghai Nanjiren Textile Development Co., Ltd.

8.9 Gracewell Group Healthcare Science & Technology Co., Ltd.

8.10 Shenzhou International Group Holdings Ltd.

8.11 Other Enterprises

9 Prospect of China Underwear Industry, 2017-2021

9.1 Prediction on Supply of China Underwear Industry

9.2 Prediction on Market Demand of China Underwear Industry

9.2.1 Development Trend of Underwear Requirements

9.2.2 Development Trend of Underwear Fabric

9.2.3 Segmentation Trend in Underwear Market

9.3 Fashion Trend in Underwear Industry

9.3.1 Lingerie Fashion Trend

9.3.2 Fashion Trend of Men’s Underwear

Selected Charts

Chart Market Size of China Underwear Industry, 2011-2016

Chart Market Size of China Men’s Underwear Industry, 2011-2016

Chart Major Manufacturers and Their Market Shares in China Underwear Industry, 2013-2016

Chart Underwear Purchase Places of Chinese Consumers, 2015

Chart Underwear Purchase Time of Chinese Consumers, 2015

Chart Underwear Types Favored by Chinese Men, 2015

Chart Proportion of Underwear Colors Chosen by Chinese Consumers, 2015

Chart Price Range Accepted by Chinese Underwear Consumers, 2015

Chart Export Unit Price of Chinese Cotton Underwear, 2015

Chart Export Value of Chinese Cotton Underwear by Country, 2015

Chart Export Unit Price of Chinese Artificial Fiber Underwear, 2015

Chart Export Value of Chinese Artificial Fiber Underwear by Country, 2015

Chart Forecast on Market Size of Underwear in China, 2017-2021

The post China Underwear Industry Overview, 2017-2021 first appeared on CRI Report.