Apparel - "Lingerie 2017" Research Current Review of International Company Profiles and Revenue Details
"Lingerie
Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast 2016 - 2024"
The Report covers current Industries Trends, Worldwide Analysis,
Global Forecast, Review, Share, Size, Growth, Effect.
Description-
**
Overview
Lingerie market has occupied a significant
position in the apparel industry in recent years as it not only
serves its functional benefits but also is considered as an basic
necessity to every woman. The global lingerie market has been
bifurcated on the basis of product types into bras, knickers and
panties, lounge wear, shape wear and others which includes baby doll,
corsets, chemises and chemisoles among others. Bra as an essential
necessity and also a fashion accessory to every women and it has
captured the largest market share in 2015. Knickers and panties also
occupied a significant position in the same year, thus contributing
significantly to the overall market size of the lingerie industry.
The market is further segmented on the basis of distribution channel
into online stores and storefront. Online stores captured the largest
market in 2015 due to high penetration of internet services and rapid
advancements in the field of technology, thus creating a strong
platform for the manufacturers of lingerie Further, the e-commerce
giants are engaged in strong promotional activities due to which they
provide with continuous discount options and various other offers
which attract both consumers and manufacturers to avail this
platform.
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**
Global
Lingerie Market: Drivers and Trends
Females in the developing countries are
experiencing latest trends towards carrying themselves in public.
They are changing their outlook towards accepting innerwear as a
casual affair and take time to choose and make a purchase. The
outerwear of women has undergone a dramatic change and due to this
women prefer selecting inner wear, especially bras that can match
with their attire. They try to purchase lingerie depending on the
occasion or event, such as there are special sport wear bras for
gymnasium purpose. It can be demonstrated from the product
differentiation brought by the lingerie manufacturers over online and
retail stores. Thus this is a key factor complementing the growth of
the global lingerie market. Lingerie has witnessed a rapid acceptance
in the fashion industry. Women from all backgrounds want to try out
the latest trends in the inner wear segment. Most of the large brands
have exclusive stores in shopping malls or independent stores. In
developing countries like India and China, brands like Jockey try to
reach out to customers through small roadside innerwear shops.
Additionally, lingerie is available at stores as well as online.
Brands like Victoria Secret have country specific websites for easier
transactions and shipment.
**
Global Lingerie Market:
Restraints
However, the lingerie wear maintains high cost for
advertisement and other marketing promotions. This is due to the cost
of celebrities or models that are hired for being featured in the
photo shoots. Moreover, the destination or location cost of the photo
shoot depends and therefore larger brands do not compromise in
keeping high cost for their lingerie wear. Therefore, this factor is
majorly hindering the growth of the market and the impact of the same
is likely to reduce by the end of the forecast period.
**
Global Lingerie Market:
Opportunities
Moreover, the global lingerie market is
experiencing moderate growth in the apparel segment as nowadays
individuals are more inclined towards branded items, most of which
are usually priced on the higher end. People from all backgrounds and
income group want to avail a comfortable and lasting inner wear that
can be fashionable as well as skin-friendly. There are many local
brands or companies that manufacture cheap quality products to cater
to the wide population in the under developed or developing
countries. Mergers and acquisitions are a strategic way of entering
the market and understanding the current needs and preferences of the
population. Through this, the large companies will benefit in
capturing the market and at the same time, will enable the small
companies to fight for a better position in the market.
**
Global Lingerie Market:
Regional Outlook
Moreover, in this report the study provides
different countries included in different regions such as North
America, Europe, Asia Pacific, Latin America and Middle East and
Africa. North America includes U.S. and Rest of North America. Europe
includes U.K., Germany, France, Russia, Italy and Rest of Europe.
Asia Pacific includes countries such as India, China, Japan and Rest
of Asia Pacific. In addition, Middle East and Africa includes country
such as UAE, South Africa and Rest of Middle East and Africa. Latin
America comprise of countries such as Brazil and Rest of Latin
America
Asia Pacific is anticipated to witness the fastest
growth during the forecast period. Transition in the lifestyle of the
consumers which is backed by rapid urbanization and increasing
purchasing power is a major factor behind the high growth of this
market in Asia Pacific. Further, consumer exposure to the same by way
of advertisements through televisions, and print media among others
is another key factor responsible for the growth of the Lingerie
Market in this region.
**
Key Players Mentioned
in this Report:
Some of the major key players operating in the
global lingerie market are, Jockey International Inc. (Kenosha,
Wisconsin, U.S.), Hanes (North Carolina U.S.), Groupe Chantelle
(Cachan, France), LVMH (Boise U.S.), L Brands Inc. (Columbus, Ohio),
MAS Holdings Limited (Colombo, Sri Lanka), Ann Summers (London,
U.K.), Marks and Spencer (London U.K.), PV H Corporation (New York,
U.S.) among others.
The report analyzes the factors that are driving
and restraining the growth of the lingerie market. This report will
help manufacturers, distributors and suppliers to understand the
present and future trends in this market and formulate strategies
accordingly.
**
The global lingerie
market can be segmented as follows:-
**
Global Lingerie Market,
by Type
- Bra
- Knickers and Panties
- Lounge wear
- Shape wear
- Others
**
Global Lingerie Market,
by Distribution Channel
- Online Stores
- Store Front
**
Global Lingerie Market,
by Geography
- North America
- U.S.
- Rest of North America
- Europe
- U.K.
- Germany
- France
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- UAE
- South Africa
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