Europe Dominated The Global Lingerie Market With Highest Market Share From 2016 To 2024


Posted September 25, 2017 by Dineshpatel

Global Lingerie Market is estimated to reach $62 Billion by 2024; growing at a CAGR of 6.4% from 2016 to 2024.

 
Global Lingerie Market is expected to reach $62 billion by 2024 from $38 Billion in 2016, growing at a CAGR of 6.4% from 2016 to 2024. By geography, Asia Pacific and Rest of the World (RoW) are expected to grow at a CAGR of 7.2% and 6.5%, respectively, during the forecast period.

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Some of the major driving factors are Increase in changing attitude towards self-presentation, and rapidly spreading of mall culture in emerging economies. Additionally, increasing e-commerce and high participation of women in sports also support the growth of this market.

The global lingerie market has been bifurcated into product type, distribution channel and geography. Product type segment includes knickers & panties, loungewear, bra, shapewear and others. Moreover, distribution channels are online stores and storefront. Online stores accounted the largest market share in 2016, driven by convenience of return policy, wide range of designs, and availability of discounts, offers & coupons.

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North America, Europe, Asia-Pacific and Rest of the World (RoW) are key region in geography segment of global lingerie market. Asia Pacific is expected to grow at a fastest CAGR from 2016 to 2024, driven by increasing disposable income, and more number of women in workforce & sports. Europe region held for the highest market share in the year 2016.
The major players in global lingerie market include Marks and Spencer, Jockey International Inc., L Brands Inc., Ann Summers, LVMH, MAS Holdings Limited, Hanes International, PVH Corporation, Groupe Chantelle, and Victoria Secret, among others.

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Scope of Lingerie Market

Product Segments
• Bra
• Knickers & Panties
• Loungewear
• Shapewear
• Others

Distribution Channel Segments
• Online Stores
• Storefront

Geography Segments
• North America
o US
o Canada
o Mexico

• Europe
o Germany
o U.K.
o France
o Italy
o Others

• Asia-Pacific
o India
o China
o Japan
o Others

• RoW
o South America
o Middle East
o Africa

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Issued By Dinesh Patel
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Country United States
Categories Consumer
Tags lingerie market , lingerie market forecast , lingerie market global scenario , lingerie market outlook , lingerie market size , lingerie market trend
Last Updated September 25, 2017