Global Lingerie Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Product Type;
Briefs, Bras, Shapewear, and Others.By Distribution Channel;
Online and Offline.By Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).Introduction
Global Lingerie Market (USD Million), 2021 - 2031
In the year 2024, the Global Lingerie Market was valued at USD 64,512.37 million. The size of this market is expected to increase to USD 114,196.07 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.5%.
The Global Lingerie market experienced robust growth in recent years and is projected to continue expanding steadily over the forecast period. Key drivers of market growth include increasing awareness of product fit, a growing population of millennials, and rising purchasing power among women. The availability of diverse lingerie designs for various purposes, such as daily wear, sportswear, and bridal wear, has also contributed to industry growth. The rising popularity of lingerie worldwide is driven by both men and women seeking to enhance their natural beauty. A significant trend in the lingerie market is the use of flexible fabrics in manufacturing, including lace, cotton, nylon, silk, and sheer materials. Designers are focusing on creating luxurious lingerie products with intricate details such as embroidery and lace, catering to diverse consumer preferences. This trend is expected to fuel market growth as consumers increasingly prioritize fashionable and comfortable lingerie for different occasions.
The market is witnessing growing demand for one-piece and seamless intimate apparel, which offer a more natural look. Factors such as innovative fabric designs, diverse color options, and meticulous finishing applications are driving consumer demand for lingerie. Challenges such as limited availability of plus-size lingerie and high manufacturing costs may hinder market growth. Despite these challenges, key players are investing in developing lingerie for all body shapes and sizes, presenting opportunities for market expansion. Online channels experienced sustained demand as consumers shifted towards digital shopping platforms. The lingerie market weathered the pandemic better than some other industries, demonstrating resilience in the face of challenging circumstances.
Global Lingerie Market Recent Developments
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In January 2023, Victoria's Secret & Co. made headlines by announcing the complete acquisition of Adore Me Inc., a digitally native intimate brand. The strategic move is geared towards bolstering the lingerie and beauty retailer's presence both online and offline, aiming to expand its audience reach significantly.
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In May 2022, Triumph International (India), a renowned global manufacturer of lingerie, unveiled its latest 2022 collection under the 'Triumph' brand, alongside its sportswear line 'Triaction' and the innerwear brand 'Sloggi' at the 12th Annual Triumph Fashion Show. This unveiling showcased the brand's commitment to innovation and excellence in the lingerie industry.
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In February 2022, MAS Holdings joined forces with ByondXR, a prominent digital retail store software provider, to establish virtual showrooms aimed at elevating the retail experience. Through this collaboration, MAS Holdings aims to introduce its latest collections to global brands through immersive virtual showcases, showcasing their commitment to embracing digital innovation in the retail sector.
Segment Analysis
This report extensively covers different segments of Global Lingerie Market and provides an in depth analysis (including revenue analysis for both historic and forecast periods) for all the market segments.
The briefs segment emerged as the dominant category, holding a substantial share of the market. This dominance can be attributed to the availability of a diverse range of products made from comfortable fabrics such as cotton and nylon, featuring various styles including hipster, shorts, and full briefs. Companies are introducing special kinds of knickers with jacquard and lace designs, no VPL lace trim, and high waist control to enhance comfort and provide additional benefits, thus contributing to segment growth.
The shapewear segment is anticipated to witness the fastest growth rate over the forecast period. This growth is driven by the increasing adoption of compression wear among the targeted population, supported by advancements in fabric technology and garment design. The market growth is fueled by the philosophy of body positivity, which encourages consumers to embrace their bodies and invest in products that offer both comfort and attractiveness. The demand for shapewear with the flexibility to enhance appearance while providing comfort is further driving segment expansion.
The offline segment accounted for the largest share of the market. This segment is gaining traction due to advantages such as the ability to physically inspect products and try them before purchase, as well as the assistance provided by store associates in selecting the right products. Offline purchases allow consumers to ensure the size, fit, and quality of the product, thereby driving segment growth. The online distribution channel is expected to experience rapid growth, fueled by benefits such as easy returns, discounts, and the convenience of online shopping. Companies are increasingly leveraging online platforms to reach a wider consumer base and enhance their market presence.
Global Lingerie Segment Analysis
In this report, the global lingerie market has been segmented by Product Type, Distribution Channel and geography.
Global Lingerie Market, Segmentation by Product Type
The Global Lingerie Market has been segmented by Product Type into Briefs, Bras, Shapewear, and Others.
The briefs category emerged as the market leader, capturing a significant portion of market share. This dominance is driven by the availability of diverse product offerings crafted from comfortable fabrics like cotton and nylon, featuring a variety of styles including hipster, shorts, and full briefs. Companies are introducing innovative knickers with jacquard and lace designs, no VPL lace trim, and high waist control features, enhancing comfort and offering additional benefits, thus fueling segment growth.
The shapewear segment is projected to witness the highest compound annual growth rate (CAGR) throughout the forecast period. This growth is fueled by the increasing adoption of compression wear among targeted demographics, alongside advancements in fabric technology and garment design. The rise of body positivity movement has influenced consumer preferences, encouraging individuals to invest in products that enhance comfort and attractiveness. There is a growing demand for intimates that offer both aesthetics and comfort, driving the expansion of the shapewear segment.
Global Lingerie Market, Segmentation by Distribution Channel
The Global Lingerie Market has been segmented by Distribution Channel into Online and Offline.
The offline segment dominated the market share in 2022, holding a significant portion. This segment has been increasingly favored due to its inherent advantages, including the ability for consumers to physically inspect products and test them before making a purchase decision. The presence of knowledgeable store associates who assist customers in selecting the right products plays a crucial role in influencing purchasing decisions, thereby driving the growth of this segment. Furthermore, offline purchases offer consumers the assurance of product size, fit, and quality, contributing to the continued preference for offline shopping experiences and consequently bolstering the segment's performance.
The online distribution channel is poised to experience the most rapid compound annual growth rate (CAGR) throughout the forecast period. This growth is driven by the array of advantages offered by online platforms to consumers. These advantages encompass seamless and convenient return processes, attractive discounts, and other perks. Consumer preferences are increasingly gravitating towards online channels, thereby fueling the expansion of this segment. To tap into a broader consumer base, companies are actively forging partnerships or affiliations with online retailers. They are launching their own e-commerce portals to maximize consumer engagement and revenue generation opportunities.
Global Lingerie Market, Segmentation by Geography
In this report, the Global Lingerie Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Lingerie Market Share (%), by Geographical Region, 2024
The Asia-Pacific lingerie market, which amounted to a significant value, is projected to witness substantial growth during the study period, driven by factors such as increasing awareness of ideal fits, evolving lifestyles of millennial workers, rising disposable incomes, and a growing emphasis on personal grooming.
The major countries analyzed in the market report include the United States, Canada, Germany, France, the United Kingdom, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil. The North America lingerie market is poised to experience the fastest growth rate during the forecast period, fueled by savvy consumers and a strong demand for premium and luxury brands. Companies are prioritizing design and quality to cater to diverse body shapes and sizes. The UK holds the largest market share in the European lingerie market, while Canada emerges as the fastest-growing market in the Asia-Pacific region. Europe's lingerie market holds the second-largest market share, driven by prominent businesses and a robust demand for high-end and luxurious products. Companies in this region are focusing on design and quality to meet the needs of consumers of all shapes and sizes. Germany leads the market in terms of market share, with the UK emerging as the fastest-growing market in Europe.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Lingerie Market.
Drivers:
- Increasing Awareness and Focus on Fit
- Rising Population of Millennials
- Growing Purchasing Power of Women
- Diverse Product Range and Designs
- Shift towards Flexible Fabrics
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Increasing Popularity of Online Channels: The Global Lingerie market has witnessed a significant shift in consumer shopping behavior with the increasing popularity of online channels. Online retail has emerged as a preferred platform for lingerie purchases due to several factors contributing to its popularity. The convenience offered by online shopping allows consumers to browse and purchase lingerie products from the comfort of their homes, eliminating the need to visit physical stores. This convenience is particularly appealing to busy consumers who may not have the time to visit brick-and-mortar stores or prefer the privacy and discretion offered by online platforms.
The widespread availability of online channels has expanded the reach of lingerie brands to a global audience. Online platforms enable brands to showcase their entire product range, including different styles, sizes, and designs, to consumers worldwide. This accessibility has democratized the lingerie market, allowing consumers from diverse backgrounds and geographical locations to access a wide variety of lingerie products that may not be available in their local stores. Online channels have become instrumental in driving market growth by tapping into previously untapped consumer segments and expanding market reach.
The proliferation of online channels has facilitated a seamless shopping experience for lingerie consumers through features such as easy navigation, detailed product descriptions, and customer reviews. Online platforms offer consumers the ability to compare prices, read reviews from other shoppers, and make informed purchasing decisions, enhancing the overall shopping experience. The availability of virtual fitting tools and size guides helps consumers find the perfect fit, reducing the need for returns and exchanges.
Restraints:
- Limited Availability of Plus Sizes
- High Manufacturing Costs
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Limited Representation of Body Diversity: Limited representation of body diversity is a significant issue within the global lingerie market, posing challenges for both consumers and industry stakeholders. The lingerie industry has predominantly showcased a narrow standard of beauty, often characterized by slender and conventionally proportioned models. This narrow representation fails to reflect the diverse range of body shapes, sizes, and proportions found among consumers worldwide. As a result, many consumers, particularly those whose bodies do not align with mainstream beauty standards, may feel excluded or marginalized by the lack of diversity in lingerie advertising, marketing campaigns, and product offerings.
The limited representation of body diversity in the lingerie industry can have detrimental effects on consumer self-esteem and body image. When consumers are consistently exposed to images and representations of lingerie models that do not reflect their own bodies, they may develop unrealistic beauty ideals and negative perceptions of their own bodies. This can contribute to feelings of inadequacy, low self-esteem, and body dissatisfaction, ultimately impacting their overall well-being and mental health. The perpetuation of narrow beauty standards in lingerie marketing can reinforce harmful stereotypes and societal pressures related to body image and appearance, further exacerbating issues of body diversity and inclusivity.
From a business perspective, the limited representation of body diversity presents missed opportunities for industry stakeholders. By failing to cater to a diverse range of body types and sizes, lingerie brands risk alienating a significant portion of their potential consumer base. The lack of inclusivity in product offerings may result in decreased customer loyalty and satisfaction, as consumers seek out brands that prioritize inclusivity and representation. Embracing body diversity not only aligns with principles of inclusivity and social responsibility but also presents business opportunities for brands to tap into underserved markets, differentiate themselves from competitors, and foster stronger connections with consumers who value diversity and authenticity.
Opportunities:
- Innovation in Fabric Design and Technology
- Emphasis on Sustainability
- Focus on Inclusive Sizing
- Digital Retail Innovation
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Collaboration and Partnerships: Collaborations between lingerie brands and other entities, such as fashion designers, technology firms, and retail platforms, are increasingly common as companies seek to leverage each other's strengths and resources to create mutually beneficial outcomes. These partnerships facilitate the exchange of expertise, resources, and market access, allowing companies to capitalize on emerging trends, expand their customer base, and enhance their competitive advantage in the market.
One significant area where collaboration is prominent is in the realm of fashion design. Lingerie brands often collaborate with renowned fashion designers to create exclusive collections that blend fashion-forward designs with lingerie expertise. These collaborations result in unique and innovative lingerie lines that appeal to fashion-conscious consumers seeking stylish and trendsetting undergarments. By partnering with fashion designers, lingerie brands can tap into their creativity and design prowess, while fashion designers can leverage the lingerie brand's expertise in fit, comfort, and fabric selection to create products that resonate with consumers on both aesthetic and functional levels.
Partnerships between lingerie brands and technology firms are driving digital innovation within the industry. With the rise of e-commerce and digital retail platforms, lingerie brands are increasingly partnering with technology companies to enhance the online shopping experience for consumers. This includes the development of virtual fitting tools, augmented reality (AR) try-on experiences, and personalized recommendation algorithms that help consumers find the perfect lingerie products online. By integrating technology into the shopping journey, lingerie brands can improve customer engagement, increase conversion rates, and differentiate themselves in a crowded market landscape. Collaborations with technology firms enable lingerie brands to stay abreast of the latest digital trends and innovations, ensuring they remain competitive in an increasingly digital-centric market environment.
Competitive Landscape Analysis
Key players in Global Lingerie Market include
- Hansbrands Inc
- Jockey International Inc
- Victoria's Secret & Co
- Triumph International
- MAS Holdings
- Berkshire Hathaway Inc
- Zivame
- PVH Corp
- Aimer Group
- Wacoal Holdings Corp
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Product Type
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Region
- Global Lingerie Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Increasing Awareness and Focus on Fit
- Rising Population of Millennials
- Growing Purchasing Power of Women
- Diverse Product Range and Designs
- Shift towards Flexible Fabrics
- Increasing Popularity of Online Channels
- Restraints
- Limited Availability of Plus Sizes
- High Manufacturing Costs
- Limited Representation of Body Diversity
- Opportunities
- Innovation in Fabric Design and Technology
- Emphasis on Sustainability
- Focus on Inclusive Sizing
- Digital Retail Innovation
- Collaboration and Partnerships
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Lingerie Market, By Product Type, 2021 - 2031 (USD Million)
- Briefs
- Bras
- Shapewear
- Others
- Global Lingerie Market, By Distribution Channel, 2021 - 2031 (USD Million)
- Online
- Offline
- Global Lingerie Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Lingerie Market, By Product Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Hansbrands Inc
- Jockey International Inc
- Victoria's Secret & Co
- Triumph International
- MAS Holdings
- Berkshire Hathaway Inc
- Zivame
- PVH Corp
- Aimer Group
- Wacoal Holdings Corp
- Company Profiles
- Analyst Views
- Future Outlook of the Market