Lingerie Market Shows Robust Growth, Expected to Reach USD 71.1 Billion by 2031
Wednesday, 13 March 2024, 16:46
Lingerie Market Growth Forecast
The lingerie market is on track to reach USD 71.1 billion by 2031, marking a 6.5% CAGR increase from 2022.
Key Drivers of Market Growth
- Online Sales: The rise of online retail is a major contributor to the market's expansion.
- Direct-to-Consumer Strategy: Lingerie brands are focusing on direct marketing approaches to tap into e-commerce growth.
The lingerie market is evolving rapidly, driven by the digital shift in consumer shopping habits and marketing trends.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.