Global Lingerie Market Analysis & Forecast 2023-2030: Trends, Drivers, and Opportunities
The global lingerie market , valued at USD 88.32 billion in 2022 , is poised for significant growth, with an expected compound annual growth rate (CAGR) of 6.1% from 2023 to 2030. This steady upward trajectory is driven by a combination of evolving consumer preferences, increased spending power, and innovations in design and fabric. Here’s a detailed look at the factors shaping this market's future: Key Drivers of Market Growth: Growing Consumer Awareness and Focus on Fit: Consumers are becoming more discerning about the importance of a perfect fit when it comes to lingerie. There's a growing awareness that the right fit not only enhances comfort but also boosts confidence. As a result, brands are focusing on producing products that offer a superior fit and provide better support, catering to a wider variety of body types. This shift toward personalized fit has driven the demand for high-quality lingerie. The Rise of Millennial Consumers ...