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Lingerie Market, By Product Type (Bras, Knickers & Panties, Lounge Wear, Shape Wear, and Others), By Distribution Channel (Online Stores, Hypermarkets, Supermarkets, Specialty Stores, and Others) - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2018–2025
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Lingerie Market to Reflect Significant Incremental Opportunity During 20172025 © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Lingerie Market:Overview Lingerie is the inner clothing worn by women comprising one of the most basic needs and providing comfort as well as fashion. The common materials used to manufacture lingerie include cotton, silk, lace, polyester, and nylon among others. Women are increasingly being inclined toward wearing lingerie with precise look and measurements. Therefore, companies are focusing on launching comfortable and aesthetic products. For instance, in 2017, Nike Inc., launched a hyperadaptive bra to support an athlete’s needs called the Nike Motion Adapt bra, this bra provides enhanced support and comfort. The growth of this market is attributed to the growing ecommerce sector, which includes shopping websites. This in turn, is influencing major players to focus on enhancing their business via online stores and sites. For instance, in 2017, PhillipsVan Heusen Corporation, entered into an agreement to acquire True&Co., an online lingerie retailer. The online retailer uses a fit quiz to recommend bras and other intimates that will best fit the responding consumer. © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Lingerie Market:Outlook ● North America exhibited prominent growth in the global lingerie market in 2016. The growth is attributed to the presence of major players in the region and increasing number of initiatives to enhance sales. For instance, in 2018, Hanesbrands Inc., an apparel retailer company, acquired Bras N Things, Australiabased lingerie brand for around US$ 400 million. Bras N Things Pty. Ltd. has over 172 retail stores across New Zealand, Australia, and South Africa. ● Europe accounted for a largest share in the global lingerie market in 2016, owing to the increasing number of initiatives by major players to meet the growing demand for lingerie by consumers. For instance, in 2018, European Lingerie Group acquired Avangard, a Russian distributor of medical textiles and lingerie materials. Through the acquisition, the company aims to enhance the sales of fabrics to their lingerie customers in Russia. ● Asia Pacific is expected to hold the fastestgrowing market for lingerie over the forecast period. This is owing to the increasing purchasing power and rising influence of the western culture are the major factors driving growth of the lingerie market in this region. Request a sample copy of this report: https://www.coherentmarketinsights.com/insight/requestsample/1460 © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Lingerie Market:Segmentation Global Lingerie market is segmented into: By Product Type: Bras Knickers & Panties Lounge Wear Shape Wear Others By Distribution Channel: Online Stores Hypermarket Supermarket Specialty Stores Others To know the latest trends and insights prevalent in this market, click the link below@ https://www.coherentmarketinsights.com/ongoinginsight/lingeriemarket1460 © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Lingerie Market:Key Players Major players operating in the global lingerie market include LVMH Moët Hennessy Louis Vuitton SE, L Brands, Inc., Hanesbrands Inc., Jockey International Inc., Nike Inc., PhillipsVan Heusen Corporation, Groupe Chantelle, MAS Holdings Limited, GGI Holdings Ltd., and Marks and Spencer Plc. Moreover, major players in this market are focusing on inorganic growth strategies such as mergers and acquisitions and new product launches, in order to enhance their business in the competitive market. For instance, in 2013, Hanesbrands Inc., acquired Maidenform Brands Inc. a U.S.based company who manufacture women innerwear for US$ 547 million to expand its line of lingerie for the young population. Moreover, in 2016, the company acquired Pacific Brands Limited, an intimate apparel company in Australia. © Coherent market Insights. All Rights Reserved
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