Global Europe Lingerie Market Share Is Expected To Grow At A CAGR Of 7.5% By 2026

06-Feb-2020 | Facts and Factors

Facts and Factors has authored “Europe Lingerie Market By Product Type (Brassiere, Knickers, Lounge Wear, Shape Wear, and Others), By Sales Channel (Online Stores, Specialty Stores, Multibrands Stores, and Supermarket/Hypermarket), By Pricing (Economic and Premium), and By Regions: Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2026”. Based on our analysis, the Europe Lingerie market in 2019 is approximately USD 15,404 Million and is anticipated to reach around USD 24,982 Million by 2026. The anticipated CAGR for the market is around 7.5% from 2020 to 2026.

Europe Lingerie Market

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Women’s undergarments are usually referred to as lingerie. This type of clothing is manufactured using natural fabrics like silk or cotton and synthetic fabrics such as polyester or nylon. Women consider it to be special clothing in their wardrobe.

Browse the full “Europe Lingerie Market By Product Type (Brassiere, Knickers, Lounge Wear, Shape Wear, and Others), By Sales Channel (Online Stores, Specialty Stores, Multibrands Stores, and Supermarket/Hypermarket), By Pricing (Economic and Premium), and By Regions: Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2026” report at https://www.fnfresearch.com/europe-lingerie-market-by-product-type-brassiere-knickers

Drivers of the Europe Lingerie Market:

  • Increasing demand for high-quality products among the higher class

The appetite for creativity among the millennials is anticipated to help manufacturers develop something rare and fashionable for the customers. In addition, the rising demand for comfort and performance capabilities of the intimate clothing among the athletes is likely to bolster the European Lingerie market over the forecast period. The rising number of immigrants coupled with online clothing start-ups and new online retailers in Germany, the U.K., etc. are likely to help increase the sales of lingerie, thereby propelling the European Lingerie market.

  • Rising online sales

The growing trend of online shopping among females is increasing due to the ability to choose, easy return & exchange policy, and bonds with retail giants. Additionally, the rising westernization among youngsters, disposable income, and inclination toward enhancing sex-appeal will help drive the overall growth of the European Lingerie market.

Restraints of the Europe Lingerie Market:

  • Socialism coupled with growing competition

Cultural stigma is one of the major restraints to be encountered by lingerie manufacturers in Europe. Additionally, the high cost and low demand for premium quality products will further have a negative impact on the market growth in the region. The ad costs along with other marketing costs are estimated to impede the overall Europe Lingerie market growth.

Opportunities for the Europe Lingerie Market:

  • Growing demand for comfy intimate wear

The growing apparel and fashion sector helps project the market growth owing to the growing inclination toward brands and modernization. The skin-friendly and fashionable intimate wears are in higher demand among the people from any class or background, thereby offering new avenues for the Europe Lingerie market.

Market Segment Dominance:

  • Brassiere product type dominated the Europe market in 2018 owing to its high demand among number of millennial. The rising young population is anticipated to further boost growth for Europe lingerie market.
  • The multibrands stores in the sales channel segment accounted for majority of the market share. Most of the populace are attracted toward multibrand stores as top lingerie brands limit their products to certain multibrand stores located in the developing or developed regions for maintaining their brand integirty.
  • The rising awareness and knowledge about one’s own needs is the reason the Premium category dominated the Europe lingerie market in 2018.

Regional Dominance:

Germany dominated the Europe Lingerie market in 2018 and is expected to account major shares over the forecast period. The growing female population in Germany during the years is likely to drive the growth of the lingerie market in Germany. Moreover, the burgeoning urbanization coupled with growing young populace is anticipated to propel Germany lingerie market during the forecast period.

Report Scope

Report Attribute

Details

Market Size in 2019

USD 15,404 Million

Projected Market Size in 2026

USD 24,982 Million

CAGR Growth Rate

7.5% CAGR

Base Year

2019

Forecast Years

2020-2026

Key Market Players

Victoria's Secret, Calzedonia, H&M, Gap Inc., Jockey International Inc., Hanesbrands Inc., Calvin Klein, Hunkemoller, Triumph International Ltd., Bare necessities, MAS Holdings, and Lascana, Inditex, and others.

Key Segment

By Product Type , Sales Channel,Pricing, and Region

Major Countries Covered

Germany, Europe, The UK, France, Nordic Countries, and Rest of Europe

Purchase Options

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Key Market Players:

Some of the key players of the Europe Lingerie market include Victoria's Secret, Calzedonia, H&M, Gap Inc., Jockey International Inc., Hanesbrands Inc., Calvin Klein, Hunkemoller, Triumph International Ltd., Bare necessities, MAS Holdings, and Lascana, Inditex, among others.

The Europe Lingerie market is segmented into:

Europe Lingerie Market: By Product Type

  • Brassiere
  • Knickers
  • Lounge Wear
  • Shape Wear
  • Others

Europe Lingerie Market: By Sales Channel

  • Specialty Stores
  • Multibrands Stores
  • Online Stores
  • Supermarket/Hypermarket

Europe Lingerie Market: By Pricing

  • Economic
  • Premium

Europe Lingerie Market: By Region

  • Germany
  • Norway
  • Sweden
  • Denmark
  • Finland
  • Netherlands
  • Belgium
  • Luxembourg
  • Switzerland
  • Austria
  • Greece
  • Cypru
  • Rest of Europe

About Us:

Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.

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