Intimate Wears Market Report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry, by summing up the previous growth patterns, the growth drivers and the current and future trends.
Los Angeles, CA -- (SBWIRE) -- 11/12/2018 -- New report published by QY Research which offers insights on the global Intimate Wear market. The Intimate Wear market has been experiencing steady growth graph since past years. During the 2017-2025 timeline, the global market for Intimate Wear is expected to reflect a 1.8x increase in the revenue growth. In 2017 the global Intimate Wear market was valued at US$ 165,225 Mn and by the end of the assessment year (2025), it is estimated to touch a value more than US$ 302,664 Mn growing at a value CAGR of 7.86% throughout the period of forecast.
Intimate wear refers to the undergarments for men and women. Generally, visually appealing undergarments for women are termed as Lingerie. Change in women's perspective of intimate wear from a basic need to aspiration has changed the outlook of this market. Moreover, the category is a barometer of consumer buying pattern during recession because it is a commodity business of necessities, such as legwear, socks, and most recently dual-purpose active wear. Changes in lifestyle and demographic dividend, rise in awareness on hygiene, and customization of product portfolios boost the intimate wear market. However, prevalence of health conditions in shape wear users is anticipated to limit the market growth. The fabric used to manufacture intimate wear is also enhanced and made more comfortable, thus offering promising opportunities for the market players.
Asia-Pacific emerged as a most potential market for intimate apparel owing to skilled labor, strong infrastructure, and low manufacturing cost. China is the major exporter of lingerie to North America and Europe. Increase in national per capita income has propelled the intimate wear sale in China. Moreover, the younger generation is investing significant amount of time and money on their undergarments, which has direct impact on the market growth. Change in consumer perceptions and a comparatively under penetrated market make women's lingerie a great opportunity for international brands in China.
This report studies the global market size of Intimate Wears in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Intimate Wears in these regions. This research report categorizes the global Intimate Wears market by players/brands, region, type and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis.
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The various contributors involved in the value chain of Intimate Wears include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in the Intimate Wears include
Marks & Spencer
Market Size Split by Type
Pajamas and Tracksuits
Market Size Split by Application
Market size split by Region
Central & South America
Middle East & Africa
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