Lingerie Market Report and Trends – Global Forecast to 2025

The global lingerie market overview appears very promising, with continually growing market shares. Major factors that are influencing the market growth are increasing awareness about the product and rising popularity of various lingerie brands offering unique varieties through social media platforms. Furthermore, companies expanding their global footprints in the emerging markets are accelerating market growth.

According to Market Research Future (MRFR), the global Lingerie Market Report is projected to reach a valuation of USD 51.23 BN by 2025. In its recently published lingerie market research, MRFR asserts that the market would grow at 4.5% CAGR over the forecast period (2019 – 2025). The augmenting market sales are majorly driven by the steady growth in the global economy.

Additionally, advances in product development led by improvements in technologies are considered as major growth drivers for market growth. Besides, changing fashion trends and the growing influence of social media are boosting the growth of the Lingerie market. Lingerie accounted for around 20% share in the global women’s apparel market in 2018.

Demands for lingerie that can provide functionality as well as comfort are the major intimate apparel industry trends 2020. Simultaneously, increasing per capita income in developing countries such as China, India, and Brazil has led to raising the spending power for women; this, as a result, is anticipated to push the growth of the market. Furthermore, the growth of organized retail sectors drives the market growth.

 This trend is likely to continue in the future, which would foster the growth of the global lingerie market. Also, the rapid growth of social media platforms over the last few years has positively impacted market growth, offering market players the opportunity to advertise their products online. Other factors that foster market growth include the growing number presence of genuine manufacturers and rapid urbanization.

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Global Lingerie Market – Segmentation

The report is segmented into four main dynamics to widen the scope of understanding,

By Product Type                : Bras, Knickers and Panties, Shape Wear, Lounge Wear, and others.

By Price Range                   : Economy and Premium

By Distribution Channel  : Store-based (Hypermarkets & Supermarkets, Specialty Stores, others) and Non-Store-based.

By Regions                          : Americas, Europe, Asia-Pacific, Middle East & Africa, and Rest-of-the-World.

Global Lingerie Market – Regional Analysis

Europe is a significantly growing market, which held the largest lingerie market share in 2018. Continuous innovation in product ranges is a major factor driving the growth of the regional market. Prominent presence of many popular lingerie brands focusing on product developments with different fabrics and advanced manufacturing processes acts as a major driving force for the growth of the regional market.

Attributing to the booming retail industry, brick & mortar, and online stores, especially in countries like the Netherlands, UK, and Germany, the European lingerie market would register a phenomenal CAGR in the next six years.

North America stands second in the global lingerie market, growing lucratively. Continual product launches and innovations in style led by the high demand for varieties of lingerie are projected to drive a larger lingerie market size during the forecast period. Besides, celebrity endorsements act as a key driving force for the growth of the regional market. Additionally, the development of distribution channels in the regions fosters the growth of the Lingerie market in North America.

Countries such as the US, UK, and Canada, account for the leading markets in their respective regions, due to the high penetration of the eCommerce sector. Moreover, the presence of the most significant international retail chains such as Walmart and Amazon in the US and ASDA in the UK defines the regional market growth.

The Asia Pacific Lingerie market is emerging as the fastest-growing market globally. The region is expected to create substantial revenue pockets due to the increasing working women population in developing countries. The growth of the women’s apparel industry and increasing consumer awareness drive huge market demand in the region. The market is expected to account for an augmented growth during the review period. Growth in online platforms and retail businesses in the region are some of the other factors propelling the regional market growth.

Global Lingerie Market – Competitive Analysis

Highly competitive, the Lingerie market appears to be fragmented due to the presence of many well-established brands. These players try to gain a larger competitive advantage in this market through strategic initiatives such as mergers & acquisitions, collaboration, expansion, and product launch. Lingerie manufacturers make heavy investments in R&D to develop a completely different technology compared to their competition.

Major Players:

Players leading the Lingerie market include Marks & Spencer Group plc (UK), Yandy LLC (US), Victoria’s Secret (US), MAS Holdings (Sri Lanka), Groupe Chantelle (France), Fashion Nova, Inc. (US), Jockey International, Inc. (US), Hennes & Mauritz AB (Sweden), Hunkemöller International BV (Netherlands), LVMH Moët Hennessy – Louis Vuitton SE (France), Triumph International (Switzerland), La Senza Corporation (US), Calvin Klein Inc. (US), Bluebella Ltd (UK), and Parfait Lingerie (US), among others.

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Industry/Innovation/Related News:

January 02, 2020 —- A leading lingerie brand, Savage X Fenty, launched its new attractive Valentine’s Day collection, ever. The product line is designed in collaboration with a famous fashion designer, Adam Selman. The Xclusive collection includes 19-pieces highlighting Selman’s eye for color and exciting cuts plus by Rihanna’s knowledge about what women really want from their lingerie.

Savage X Fenty celebrates fearlessness, confidence, and inclusivity, partnering with a team assembled from the industry’s elite experts. The label has disrupted and redefined the market space with its accessible price point and an extensive assortment of lingerie. This is Savage x Fenty’s very first designer collaboration, where Selman and Rihanna have created two separate holiday-themed assortments – Down the Aisle and Locket Down.

Note : Our team of researchers are studying Covid-19 and its impact on various industry verticals and wherever required will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

To stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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Waterproof Socks Market Report | Driving Force and Key Factors Forecast 2025

The global waterproof socks market is predicted to touch USD 6,850.4 million at a 7.1% CAGR between 2019- 2025, as per the recent analysis by Market Research Future (MRFR). Waterproof socks help to prevent the entry of water along with offering comfort during different water-related as well as other sports activities. It has three layers- the inner layer offers comfort and insulation, the middle layer is completely water-resistant, and the outer layer prevents abrasion by shoes. Waterproof socks are made of different materials such as bamboo rayon, wool, polypropylene, and nylon, and are available for both children and adults.

Various factors are propelling the global Waterproof Socks Market Report growth. As per the latest MRFR report, such factors include the demand for sportswear worldwide, product innovation, growing organized retail sector, growing demand for multifunctional apparel & accessories, and a burgeoning need for multifunctional socks.

On the contrary, high cost, the grave effect of the ongoing COVID-19 outbreak, and limited market penetration are factors that may limit the global waterproof socks market growth over the forecast period.

Market Segmentation

The MRFR report offers an inclusive segmental analysis of the global waterproof socks market based on distribution channel, end use, and material.

By material, the global waterproof socks market is segmented into bamboo rayon, wool, polypropylene, and nylon. Among these, the nylon material will lead the market over the forecast period for its plentiful benefits such as lustre, temperature resistance, and high elongation.

By end use, the global waterproof socks market is segmented into children and adults. Of these, the adult segment will dominate the market over the forecast period. Increasing participation of adults in water sports is adding to the growth of the segment.

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By distribution channel, the global waterproof socks market is segmented into non-store based & store-based. Store-based distribution channel is again segmented into convenience stores, hypermarkets and supermarkets, and others. Among these, the store-based segment will dominate the market over the forecast period. Rising preference among consumers for accessing products physically for verifying the features and quality is adding to the growth of the segment.

Regional Analysis 

Based on the region, the waterproof socks market report covers the growth opportunities and recent trends across North America, Europe, the Asia Pacific, & the Middle East and Africa (MEA). Of these, North America will have the lions share in the market over the forecast period. Burgeoning demand for sportswear is adding to the global waterproof socks market growth in the region.

In Europe, the global waterproof socks market is predicted to have the second-largest share over the forecast period. The increasing popularity of adventure sports in the UK, Italy, and Germany is adding to the global waterproof socks market growth in the region.

In the APAC region, the global waterproof socks market is predicted to grow at a fast pace and at the highest CAGR over the forecast period. Launch of innovative products by leading industry players is adding to the global waterproof socks market growth in the region.

In the RoW, the global waterproof socks market is predicted to have sound growth over the forecast period. Rising disposable income and the surging demand of consumers for multifunctional apparel is adding to the global waterproof socks market growth in the region.

Key Players

Key players profiled in the global waterproof socks market report include Northern Diver (UK), Lennon Performance Products Ltd. (UK), Footland Inc. (Taiwan), Bridgedale Outdoor Ltd (UK), NRS (US), Henderson Neosport (US), Seavenger (US), Renfro Corporation (US), Camaro GesmbH (Austria), Wigwam Corporation (US), Rocky Brands (US), Reed Chillcheater (UK), Annapolis Performance Sailing Ltd. (Gill) (US), and Recreational Equipment, Inc. (Sealskinz, Showers Pass, DexShell) (US).

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Note : Our team of researchers are studying Covid-19 and its impact on various industry verticals and wherever required will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

To stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune – 411028

Maharashtra, India

+1 646 845 9312

Email: sales@marketresearchfuture.com

Yoga Mat Market Growth | Sales Volume and Forecast Global To 2025

As per Market Research Future (MRFR) analysis, the global yoga mat market estimated to grow to USD 2.5 billion with a CAGR of 7.2% from 2019 to 2025 (forecast period). The report provides a thorough analysis of the market, including production, suppliers, quality, consumption, growth rate, sales revenues, supplies, imports and exports, and technological developments. This report also analyzes the impact of COVID-19 on the yoga mat industry.

Yoga is known to be one of the most effective ways to keep the mind and body healthy. Yoga mats of various types and materials offer comfort when practicing yoga and serve as the most essential item purchased by yoga practitioners around the globe. Yoga mats are made of rubber to provide sitting support while practicing yoga. With the rising popularity of yoga across the globe, leading players in the global market for yoga mats are joining hands for creating collaborative products with the goal of attracting more consumers.

Key Players 

Some of the significant participants profiled in the Yoga Mat Market Growth include Jade Yoga (US), Liforme LTD (UK), Mandala Yoga Mat (UK), Aerolite (India), Elyisian (Taiwan), Outdoorgearlab LLC Prana Revolution (US), Hugger Mugger (US), Shrine Sports Distributor Stag (India).

Market Dynamics

Growing prevalence of obesity and rising customer health consciousness are key factors driving the growth of the yoga mat industry. Obesity is associated with a variety of health conditions or diseases such as sudden cardiac arrest, hypertension, hypotension, and diabetes. As a result, to lose weight, relieve stress, and increase blood circulation, obese people prefer to engage in yoga, promoting the growth of the yoga mat industry. As health consciousness increases, customers are gradually entering yoga studios and fitness clubs to practice yoga and other wellness activities. In addition, manufacturers are focused on offering yoga mats with improved comfort and more convenience to customers to achieve a competitive advantage in the global market.

However, fluctuating prices of raw material are expected to hinder the growth of the yoga mat market.

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Segmentation

The global market for yoga mat has been segmented into product type, distribution channel, and end-user.

By product type, the global market for yoga mat has been segmented into PVC yoga mats, rubber yoga mats, TPE yoga mats, cotton yoga mats, and others. PVC yoga mat segment had the largest market share of 39.4% in 2018. This segment is projected to be dominant since these materials are cheaper than other materials.

By distribution channel, the global market for yoga mat has been segmented into store-based (supermarkets and hypermarkets, specialty stores, and other) and non-store based. Most of the yoga mats are sold through store-based retailers. Therefore, this segment accounted for the largest market.

By the end-user, the global market for yoga mat has been segmented into adults and children. The adult segment is the largest market and expected to register the highest CAGR over the forecast period.

Regional Analysis

Region-wise, the global market for yoga mat has been segmented into North America, the Asia Pacific, Europe, and the rest of the world.

The Asia Pacific was the leading region in 2018, accounting for the highest share. It is due to an increase in the number of yoga practitioners and an increase in the number of yoga mats brought from India, China, Japan, and Australia. The rise in government and fitness club initiatives to encourage yoga is expected to drive the demand for yoga accessories in the region, eventually boosting growth in the yoga mat market during the forecast period.

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Note : Our team of researchers are studying Covid-19 and its impact on various industry verticals and wherever required will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

To stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune – 411028

Maharashtra, India

+1 646 845 9312

Email: sales@marketresearchfuture.com