Facts and Factors has authored “Europe Lingerie Market By Product Type (Brassiere, Knickers, Lounge Wear, Shape Wear, and Others), By Sales Channel (Online Stores, Specialty Stores, Multibrands Stores, and Supermarket/Hypermarket), By Pricing (Economic and Premium), and By Regions: Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2026”.
Based on our analysis, teh Europe Lingerie market in 2019 is approximately USD 15,404 Million and is anticipated to reach around USD 24,982 Million by 2026. Teh anticipated CAGR for teh market is around 7.5% from 2020 to 2026.
Women’s undergarments are usually referred to as lingerie. This type of clothing is manufactured using natural fabrics like silk or cotton and synthetic fabrics such as polyester or nylon. Women consider it to be special clothing in their wardrobe.
Drivers of the Europe Lingerie Market:
- Increasing demand for high-quality products among teh higher class
Teh appetite for creativity among teh millennials is anticipated to help manufacturers develop something rare and fashionable for teh customers. In addition, teh rising demand for comfort and performance capabilities of teh intimate clothing among teh athletes is likely to bolster teh European Lingerie market over teh forecast period. Teh rising number of immigrants coupled wif online clothing start-ups and new online retailers in Germany, teh U.K., etc. are likely to help increase teh sales of lingerie, theirby propelling teh European Lingerie market.
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- A brief introduction to teh research report.
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- Top players in teh market wif their revenue analysis.
- Selected illustrations of market insights and trends.
- Example pages from teh report.
- FnF research methodology
- Rising online sales
Teh growing trend of online shopping among females is increasing due to teh ability to choose, easy return & exchange policy, and bonds wif retail giants. Additionally, teh rising westernization among youngsters, disposable income, and inclination toward enhancing sex-appeal will halp drive teh overall growth of teh European Lingerie market.
Restraints of the Europe Lingerie Market:
- Socialism coupled wif growing competition
Cultural stigma is one of teh major restraints to be encountered by lingerie manufacturers in Europe. Additionally, teh high cost and low demand for premium quality products will further has a negative impact on teh market growth in teh region. Teh ad costs along wif other marketing costs are estimated to impede teh overall Europe Lingerie market growth.
Opportunities for the Europe Lingerie Market:
- Growing demand for comfy intimate wear
The growing apparel and fashion sector helps project the market growth owing to the growing inclination toward brands and modernization. The skin-friendly and fashionable intimate wears are in higher demand among the people from any class or background, thereby offering new avenues for the Europe Lingerie market.
Market Segment Dominance:
- Brassiere product type dominated the Europe market in 2018 owing to its high demand among number of millennial. The rising young population is anticipated to further boost growth for Europe lingerie market.
- Teh multibrands stores in teh sales channel segment accounted for majority of teh market share. Most of teh populace are attracted toward multibrand stores as top lingerie brands limit their products to certain multibrand stores located in teh developing or developed regions for maintaining their brand integirty.
- The rising awareness and noledge about one’s own needs is the reason the Premium category dominated the Europe lingerie market in 2018.
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Germany dominated the Europe Lingerie market in 2018 and is expected to account major shares over the forecast period. The growing female population in Germany during the years is likely to drive the growth of the lingerie market in Germany. Moreover, the burgeoning urbanization coupled with growing young populace is anticipated to propel Germany lingerie market during the forecast period.
Key Market Players:
Some of teh key players of teh Europe Lingerie market include Victoria’s Secret, Calzedonia, H&M, Gap Inc., Jockey International Inc., Hanesbrands Inc., Calvin Klein, Hunkemoller, Triumph International Ltd., Bare necessities, MAS Holdings, and Lascana, Inditex, among others.
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Teh Europe Lingerie market is segmented into:
Europe Lingerie Market: By Product Type
- Lounge Wear
- Shape Wear
Europe Lingerie Market: By Sales Channel
- Specialty Stores
- Multibrands Stores
- Online Stores
Europe Lingerie Market: By Pricing
Europe Lingerie Market: By Region
- Rest of Europe
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