Global Bra Market Expected to Reach USD 60.46 Billion By 2032

03-Apr-2024 | Facts and Factors

Facts and Factors Market Research has published a new report titled “Bra Market Size, Share, Insights Report By Product Type (T-shirt Bras [Padded, Non-Padded], Sports Bras, Nursing Bras, and Others), By Material (Cotton Bras, Sustainable Materials), By Size Range (Plus Size Bras, Petite Bras), By Distribution Channel (Online Retail, Specialty Stores), and By Region – Global Industry Analysis, Emerging Trends, Demand and Forecast Report 2024 – 2032”. According to the report, the global bra market was valued at approximately USD 37.19 billion in 2023 and is expected to reach a value of around USD 60.46 billion by 2032, at a CAGR of around 5.55% between 2024 and 2032..

Bras help in improving the customer experience and can be easily availed via offline as well as online sales channels. Firms have been investing heavily in research activities to launch new bra types and thus improve women's comfort. These products are predicted to influence the growth of the lingerie market over the forecast timeline.

Browse the full “Bra Market Size, Share, Insights Report By Product Type (T-shirt Bras [Padded, Non-Padded], Sports Bras, Nursing Bras, and Others), By Material (Cotton Bras, Sustainable Materials), By Size Range (Plus Size Bras, Petite Bras), By Distribution Channel (Online Retail, Specialty Stores), and By Region – Global Industry Analysis, Emerging Trends, Demand and Forecast Report 2024 – 2032” Report at https://www.fnfresearch.com/bra-market

Growing quality consciousness among women to drive the global bra market

Today, women focus on the quality of the trending lingerie items and prefer those items with the best quality even if it means paying a premium price for the item. Women from different backgrounds are trying out the latest fashions & styles that match their outfits. All these aspects are predicted to drive the bra market growth over the forecast timespan.

Moreover, the high living standard of the females belonging to upper & middle-income groups is likely to play a key role in leveraging the business growth as these women use their currency to purchase wears like high-quality bras. The rise in the number of manufacturers across the globe will upsurge global market trends. Apart from this, the rise in the customization of the product, accurate product positioning, and commercialization of the product will help the bra business to flourish during the forecast timeline. Nonetheless, the high production costs of bras can decimate the growth of the bra market over the forecast timeline.

Non-padded Bra to dominate the product type segment over the forecast timespan

The non-padded bra segment, which accrued nearly USD 10,131 million in 2018, is expected to contribute majorly towards the overall market earnings during the forecast timeline. The non-padded bras offer huge comfort to women and hence it is popular among the women population. This aspect is likely to drive the growth of the segment during the period.

Bra fabrics to lead the materials segment in terms of value

Bra fabrics segment is expected to contribute a major revenue share to the global bra industry over the forecast timeline. The segmental growth can be due to the growing demand for advanced performance materials among the upper-middle class & upper-class women population across the globe.

Europe to dominate the overall market share during the forecast timeline

The growth of the European market can be due to the large-scale presence of bra manufacturers in the region. Apart from this, players in the region are trying to manufacture new products for fulfilling the changing customer tastes and this will further enlarge the scope of the regional market.

Report Scope

Top Market Players

The key players participating in the global bra market include Calida Holding AG, Hanesbrands Inc., Inc., Jockey International, Lavinia Lingerie Inc., Modenik Lifestyle Pvt. Ltd., Nike, Inc., PVH Corp., Triumph Intertrade AG, Victoria's Secret & Co., Wolf Lingerie SAS, and others.

This report segments the bra market as follows:

Global Bra Market: By Product Type Segment Analysis

By Product Type

• T-shirt Bras
  • Padded
  • Non-Padded
• Sports Bras
• Nursing Bras
• Others

By Material

• Cotton Bras
• Sustainable Material

By Size Range

• Plus Size Bras
• Petite Bras

By Distribution Channel

• Online Retail
• Specialty Stores

Global Bra Market: Regional Segment Analysis

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa

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