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Global Lingerie Market Growth Will Escalate Rapidly 2019-2025
The online distribution channel is expected to expand at a CAGR of 7.8% over the forecast period, driven by increasing popularity and penetration of e-retailers and company owned online websites

BriefingWire.com, 7/12/2019 - 12-july-19 The global lingerie market size expanding at a CAGR of 7.5% from 2019 to 2025. The growth is attributed to growing need to enhance the feminine lines and natural beauty, coupled with increasing availability of a wide range of lingerie products.

Companies, in an effort to tap the large customer base are focusing on offering products in trendy designs and shapes that are suitable for various purposes to help the customers choose the right lingerie. For instance, manufacturers have been expanding their product portfolio by including brassiers and knickers appropriate for everyday wear, bridal attire, sportswear, beach purpose, and seamless to name a few.

Access the Case Study “Global Lingerie Market" @

https://www.radiantinsights.com/research/lingerie-market/request-sample

Brassiere held the largest market share of over 50.0% in 2018. Innovations such as leaser cut seamless, model, and full t-shirts brasserie are now easily accessible with precised sizes. Most of the companies are coming up with new product launches. For instance, Mesh Intimate provides brassiere with a little ruffle trims. Knickers are expected to be the fastest growing segment with a CAGR of 8.1% over the forecast period. Knickers in the form of jacquard and lace, high waist control, and with no VPL are introduced to cater to the continuously changing preference of the customers.

Key players in the market are Jockey International Inc.; Victoria's Secret; Zivame, Gap, Inc.; Bare Necessities; Hanesbrands Inc.; Triumph International Ltd.; Hunkemoller; Calvin Klein; and MAS Holdings.

Further key findings from the study suggest:

• Brassiere dominated the market and held a share of more than 50.0% in 2018

• Europe dominated the global market in 2018 and generated a revenue of USD 11.4 billion

• APAC is expected to witness the fastest growth and account for a share of about 19.0% by 2025

• The online distribution channel is expected to expand at a CAGR of 7.8% over the forecast period, driven by increasing popularity and penetration of e-retailers and company owned online websites

• The market is highly competitive in nature with the main players including L Brands Inc.; Zivame; Clovia; Wolf Lingerie SA; and Hanesbrands Inc.

Read the in depth blog titled “Lingerie Market" @ https://www.radiantinsights.com/research/lingerie-market

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