The Knickers Lingerie Market has shown significant strength in 2021 and is projected to continue to grow rapidly in revenue over the forecast period. This growth can be attributed to the increased spending power of the population. Lingerie refers to undergarments, sleepwear, and other lightweight clothing that is both functional and fashionable. The fabrics used to make lingerie are typically lightweight and smooth, including cotton, lycra, silk, satin, charmeuse, nylon, and other materials. Lingerie is important for keeping the body clean and hygienic, as well as for providing protection from abrasions caused by outer clothing. The market for lingerie is expected to grow due to the increasing awareness of fashion and customers' preference for exquisite designs that provide both comfort and appeal. The demand for one-piece lingerie, shape wears, and seamless intimate apparel are also driving factors in the growth of the Knickers Lingerie Market. However, the high prices and cost of fashionable lingerie clothing may hinder the market's revenue growth over the forecast period.
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Top Companies Operating in the Global Knickers Lingerie Market Report:
- Jockey International Inc.
- MAS Holdings
- Victoria’s Secret
- Zivame
- Gap Inc.
- Hanesbrands Inc.
- Hennes Mauritz AB
- Triumph International Ltd.
- Bare Necessities
- Calvin Klein
- L Brands
- AEO Management Co.
- Yandy LLC
- Marks Spencer Plc.
- LVMH Moet Hennessy Louis Vuitton
- Hunkemoller International B.V.
Revenue growth in the global consumer goods market is primarily due to factors such as the rapid increase in the world population, the growing demand for food and other essential goods, including healthcare nutrition, personal care hygiene, and electronic products. Consumer preferences and lifestyles are changing significantly, the demand for packaged and processed food and beverage products is rising, and the number of people working is increasing. There has been a rapid adoption of cutting-edge technologies such as artificial intelligence (AI), IoT (Internet of Things), big data analytics, robotics automation in the consumer goods industry. Other key factors driving the growth of the global consumer goods market include a growing awareness of the adverse environmental impacts of plastic packaging and a growing demand for eco-friendly and sustainable packaging solutions. Rising income levels in developing economies such as India and stringent government regulations for product quality and safety are expected to boost market revenue growth in the near future.
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
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Further market segmentation
Type Outlook (Revenue, USD Billion; 2019-2030)
- Brassiere
- Knickers
- Shapewear
Distribution Channel Outlook (Revenue, USD Billion; 2019-2030)
- Online stores
- Offline stores
Key Takeaways of the Global Knickers Lingerie Market Report:
- A comprehensive overview of the global Lingerie industry.
- Accurate market projections in terms of market size, share, and volume.
- Thorough study of the global market dynamics, such as major market revenue growth drivers, opportunities, threats, challenges, restraints, and future growth avenues.
- Deep-dive analysis of the upcoming market trends.
- Qualitative and quantitative analyses of the global Knickers Lingerie Market.
- Elaborate study of the leading regional markets in the global Knickers Lingerie Market.
- Complete overview of the market’s competitive landscape.
- Brief look at the company profiles and portfolios.
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