The global demand for Luxury Underwear Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
Luxury underwear refers to innerwear of exceptional quality in terms of fabric, fit, aesthetics and comfort. Luxury underwear is also known as luxury lingerie or designer lingerie. Luxury underwear features sophisticated cuts and morphologies, unique designs, and a smooth finish and is made from premium quality fabrics such as silk, satin, cotton, lace, and velvet. Luxury underwear comes at a high price. There is a wide range of luxury underwear options to choose from, such as brassieres, briefs, g-string, thongs, invisible panty lines, among others. For luxury underwear, options such as bejeweled, embroidered, feather appliqued, and lacy ones are also available. Market Dynamics The luxury underwear market is expected to witness significant growth during the forecast period. Growing awareness of flexible fabric and precise fit, and increased spending capacity among women, are driving the industry. Availability of multiple products for various purposes such as bridal, nursing, sports and regular is another crucial factor propelling the market growth. An increasing number of women inclined towards accentuating their natural beauty will magnify its demand. The use of high-quality fabrics such as silk, satin, lycra and lace will augment market growth. Furthermore, manufacturers coming up with trendy luxury underwear and focussing on lingerie items of specific niches will impact the market positively. However, the Covid-19 pandemic may hamper its market growth to a certain extent over the forecast period.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of luxury underwear. The growth and trends of luxury underwear industry provide a holistic approach to this study.
Market Segmentation
This section of the luxury underwear market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Men'S Underware
- Women'S Underware
By Application
- Supermarkets/Hypermarkets
- Convenience Stores
- Independent Retailers
- Online Sales
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Luxury Underwear market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Luxury Underwear Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the luxury underwear market include Bordelle, Aubade, La Senza, Fleur of England, Agent Provocateur, Pleasurements, Lise Charmel, Myla, Victoria's Secret, Carine Gilson, Kisskill. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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