Lingerie Market Report, Growth rate and Competitive Analysis 2020
Posted by Pradeep Zende on March 26th, 2020
Lingerie is an essential part of women’s apparel and as the trends in the market are altering, the demand for lingerie with innovative designs and patterns is increasing. The growth of the apparel market has significantly contributed to the growth of the lingerie market. High competition owing to the presence of a large number of players in this market has led manufacturers to focus on product innovation and development. Lingerie accounted for a notable share of around 20% of the global women’s apparel market in 2018. Market players are also offering a wide selection of products in catalogs, stores, and e-commerce platforms. Furthermore, due to altering fashion trends the demand for various different types of lingerie is increasing among consumers leading manufacturers to launch new and innovative products. For instance, manufacturers such as Triumph International, Marks & Spencer Group plc, Victoria’s Secret, and Hunkemöller International B.V. offer seamless bras and panties.
Lingerie Market Report is projected to be valued at USD 51.23 Billion by 2025, registering a CAGR of 4.5% from 2019 to 2025.
Launch of breathable and flexible lingerie
Growth Opportunities in the Market
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/lingerie-market-8488
About the AuthorPradeep Zende
Joined: February 12th, 2019
Articles Posted: 396
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