January 23, 2020 by Pradeep
Lingerie is an essential part of women’s apparel and as the trends in the market are altering, the demand for lingerie with innovative designs and patterns is increasing. The growth of the apparel market has significantly contributed to the growth of the lingerie market. High competition owing to the presence of many players in this market has led manufacturers to focus on product innovation and development. Lingerie Market accounted for a notable share of around 20% of the global women’s apparel market in 2018.
Market players are also offering a wide selection of products in catalogs, stores, and e-commerce platforms. Furthermore, due to altering fashion trends the demand for various types of lingerie is increasing among consumers leading manufacturers to launch new and innovative products. For instance, manufacturers such as Triumph International, Marks & Spencer Group plc, Victoria’s Secret, and Hunkemöller International B.V. offer seamless bras and panties. Lingerie Market Size is projected to be valued at USD 51.23 Billion by 2025, registering a CAGR of 4.5% from 2019 to 2025.
Launch of breathable and flexible lingerie
Growth Opportunities in the Market
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/lingerie-market-8488
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 Components, Application, Logistics 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.
In order 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.