Global Lingerie Market is set to record a CAGR of nearly 6.45% over 2020-2026

Report Overview

The term “lingerie,” which is derived from the French language and means “undergarments,” is used to refer specifically to more airy feminine undergarments. The earliest form of the word is lingerie, which means linen in old French. The material used to make lingerie for ladies is thin, smooth, sheer, and elastic. Brassieres, knickers or panties, shapewear, and other items are just examples of the four primary categories that make up the women’s lingerie sector. Material such as satin, cotton, silk, nylon, and others define the women’s lingerie market. The women’s lingerie market distributes its products to consumers through a variety of channels, including internet, specialty shops, etc.

In the upcoming years, it is anticipated that North America would have the fastest growth in the global women’s lingerie market. The market must be driven during the projection period by increasing women’s purchasing power, expanding millennial masses, and increasing awareness of the best fit.

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The market for women’s lingerie in the area has been driven by the increasing accessibility of a broad range of goods in various situations for diverse reasons, such as games, wedding attire, and everyday use. One of the main reasons propelling the women’s lingerie market in the region is also increased item accessibility, coupled with expanded entry of both online and offline channels.

The presence of a large number of market players, including L-Brands Inc., Gap Inc., Hanesbrands Inc., and Jockey International, Inc., who offer a wide variety of women’s lingerie, such as a gently cushioned underwired bra, a structure and magnificence ribbon minimizer bra, a sports bra with a racer back, and mid-rise fashionable person briefs, is a key market driver in North America.

In December 2019, the COVID-19 outbreak started in Wuhan (China), and since then, it has rapidly spread throughout the world. In terms of confirmed cases and reported deaths as of May 2020, China, Italy, Iran, Spain, the Republic of Korea, France, Germany, and the US are among of the nations that have been most severely impacted. The latest WHO statistics show that there have been 353,692 overall deaths and 5,728,642 confirmed cases worldwide. Lockdowns, travel bans, and business closures brought on by the COVID-19 have had an impact on the economies and industries of many different nations.

One of the primary sectors affected by this outbreak is the global fashion and clothing sector, which has seen substantial supply chain disruptions, office closures, closures of malls, shops, retail stores, or brand stores, among other things. China is one of the hardest hit nations, as it is both the world’s manufacturing hub and the main supplier of raw materials to numerous industries.

The shuttering of numerous Chinese factories and facilities has a detrimental effect on global supply chains, which in turn has an adverse effect on the production, delivery schedules, and sales of a variety of commodities, including clothes. Numerous businesses have already reported potential delivery delays and a decline in future sales of their goods. Additionally, the worldwide travel restrictions put in place by nations in Europe, Asia, and North America are limiting the chances for commercial relationships and collaborations. In the upcoming months, all of these variables are expected to have a negative impact on the fashion and clothing business and impede the expansion of several markets that are connected to this sector.

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By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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