Market Size
The global lingerie market was valued at USD 104.43 billion in 2024 and is projected to grow from USD 109.24 billion in 2025 to USD 156.54 billion by 2033, at a compound annual growth rate (CAGR) of 4.60% during the forecast period.
Overview
Lingerie, intimate apparel worn close to the body, plays a vital role in enhancing hygiene and comfort. Beyond its functional benefits, lingerie is associated with intimacy and luxury, making it a crucial part of modern wardrobes. The market's growth is fueled by increasing consumer awareness of personal hygiene, a shift toward premium and functional lingerie, and a growing number of working women with higher disposable incomes. Additionally, social media and creative marketing strategies have transformed the way lingerie brands connect with their audience.
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Market Scope
The global lingerie market's robust growth is attributed to a combination of factors, including evolving consumer preferences, advancements in fabric technology, and the rise of organized retail. While the bras segment continues to dominate, shapewear and loungewear categories are gaining traction as consumers seek stylish yet comfortable options.
Segmentation
By Product Type:
Bras
Knickers and Panties
Shapewear
Loungewear
Others
By Price Range:
Economy
Premium
By Distribution Channel:
Store-Based
Non-Store-Based (E-commerce)
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Regional Analysis
Asia-Pacific: Dominates the market with significant revenue contributions and a CAGR of 4.45% during the forecast period. Rapid urbanization, increasing disposable incomes, and a growing working female population drive the market in this region.
North America: Expected to grow at a CAGR of 4.65%. The rising number of working women and innovations in lingerie design contribute to market growth. Online retail is increasingly preferred due to convenience and competitive pricing.
Key Players
Victoria's Secret
Yandy LLC
Marks and Spencer plc
Group Chantelle
MAS Holdings
Jockey International Inc.
Fashion Nova Inc.
Hennes and Mauritz AB
The global lingerie market is poised for substantial growth, driven by innovation, strategic marketing, and a deeper understanding of consumer needs. Companies leveraging technology and focusing on sustainability are set to lead the way in this evolving market.
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