1. What is the projected Compound Annual Growth Rate (CAGR) of the Bra Market?
The projected CAGR is approximately 5.2%.
Bra Market by Type (T-shirt Bra, Nursing Bra, Sports Bra, Others), by Material (Cotton, Silk, Synthetic, Others), by Distribution Channel (Online, Offline), by North America (U.S., Canada, Mexico), by Europe (UK, Germany, France, Italy, Spain, Russia, Netherlands, Switzerland, Poland, Sweden, Belgium), by Asia Pacific (China, India, Japan, South Korea, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines, New Zealand), by Latin America (Brazil, Mexico, Argentina, Chile, Colombia, Peru), by MEA (UAE, Saudi Arabia, South Africa, Egypt, Turkey, Israel, Nigeria, Kenya) Forecast 2025-2033
The Bra Market size was valued at USD 36.3 Billion in 2023 and is projected to reach USD 59.5 Billion by 2032, exhibiting a CAGR of 5.2 % during the forecast period. Bra is available in various varieties, designs, materials and size. Customers are shifting towards the comfort and functionalities while selecting bras. The demand of bras with adjustable straps and moisture wicking fabrics may create significant growth in the market. Brands are focusing various size ranges and materials to meet the consumers demand and gain market share. Rising disposable income of people created noteworthy opportunities for the market due to the demand of various varieties of bras for specific purposes. E-commerce companies are providing image recognition technology to create a bra sizing and fitting that may lead consumers towards the buying bras online.
Type:
Material:
Distribution Channel:
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 5.2% from 2019-2033 |
Segmentation |
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Note*: In applicable scenarios
Primary Research
Secondary Research
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
The projected CAGR is approximately 5.2%.
Key companies in the market include The report will include the profiles of key players such as Victoria's Secret & Co. Company, Jockey, PVH Corp., Wacoal, Wolf Lingerie Ltd, The Calida Group, Groupe Chantelle, Triumph Group, Hanesbrands and Others.
The market segments include Type, Material, Distribution Channel.
The market size is estimated to be USD 36.3 USD Billion as of 2022.
Growing Demand for Bath Towels from End-use Industries to Propel the Market Growth.
Rising Demand for Vietnamese Hair to Highlight Need for Manufacturers to Procure Their Raw Materials from Asian Countries.
Imposition of Stringent Government Regulations and Concerns Regarding Leakage Might Hinder Market Growth.
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The market size is provided in terms of value, measured in USD Billion and volume, measured in K Units.
Yes, the market keyword associated with the report is "Bra Market," which aids in identifying and referencing the specific market segment covered.
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