Leading Lingerie Manufacturers in World | By IMARC Group
Lingerie Market Outlook 2023-2028:
IMARC Group’s latest research report, titled “Lingerie Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the global lingerie market size reached US$ 78.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 119.4 Billion by 2028, exhibiting a growth rate (CAGR) of 7% during 2023-2028.
Lingerie refers to stretchable, lightweight undergarments that are mainly worn by women to prevent the growth of bacteria and microbes from bodily secretion and maintain personal hygiene. They can be of various types, including brassiere, knickers or panties, shapewear, etc. Lingerie products are manufactured using diverse materials, such as cotton, chiffon, lace, polyester, nylon, sheer fabrics, satin, silk, etc. They help improve posture, enhance the physicality, and boost confidence. Consequently, they are in extensive demand among consumers across the globe.
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Lingerie Market Growth and Development:
The increasing awareness about the benefits of maintaining personal hygiene and the shifting preference toward trendy intimate wear and sportswear are among the key factors driving the lingerie market. In addition to this, the elevating collaboration of lingerie manufacturers with multiple supermarket chains and distributors to improve their portfolio, the escalating availability of products in diversified sizes, patterns, colors, and the launch of sustainable lingerie are further stimulating the market growth. Moreover, the growing product availability through online distribution channels and the inflating investments by several leading manufacturers and sellers in designing premium and functional lingerie are acting as significant growth-inducing factors. Besides this, the emerging trend among numerous market players of incorporating artificial intelligence (AI) technology to develop their shopping applications to offer personalized experiences to customers is also positively influencing the market global market. Furthermore, the rising focus on creating aggressive marketing strategies, such as social media promotions and celebrity endorsements, and the introduction of innovative packaging solutions are expected to bolster the lingerie market over the forecasted period.
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List of Top Lingerie Manufacturers Worldwide:
1. Fashion Nova LLC
Establishment: 2006
Headquarters: Vernon, California
2. Hanesbrands Inc.
Establishment: 1901
Headquarters: Winston-Salem, North California
3. H&M Hennes & Mauritz AB
Establishment: 1947
Headquarters: Sweden
4. Hunkemoller International B.V.
Establishment: 1886
Headquarters: Hilversum, Noord-Holland
5. Jockey International Inc.
Establishment: 1876
Headquarters: Kenosha, United States
6. MAS Holdings
Establishment: 1987
Headquarters: Sri Lanka
7. PVH Corp.
Establishment: 1881
Headquarters: New York City
8. The Gap Inc.
Establishment: 1969
Headquarters: San Francisco, California
9. The Groupe Chantelle
Establishment: 1876
Headquarters: Cachan, France
10. Triumph International Ltd.
Establishment: 1886
Headquarters: Zurzach, Switzerland
11. Victoria’s Secret & Co.
Establishment: 2021
Headquarters: Columbus, Ohio
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