Erotic Lingerie Market Size Hits $32,003.1 Million by 2028

Allied Market Research recently published a report, titled, "Erotic Lingerie Market by Product Type (Bras, Briefs, Shapewear, Camisoles and Others), Material (Natural and Synthetic), and Distribution Channel (Brand outlets, Hypermarket/Supermarket, Online sales channel and Specialty store): Global Opportunity Analysis and Industry Forecast 2021-2028".As per the report, the global erotic lingerie industry was accounted for $19.28 billion in 2020, and is estimated to reach $32.00 billion by 2028, growing at a CAGR of 5.6% from 2021 to 2028.

Download Sample Copy Of Report@ https://www.alliedmarketresearch.com/request-sample/6749

The erotic lingerie market has witnessed a consistent growth in the past few years. Various varieties, comfort, and emergence of premium brands in erotic lingerie are some of the major factors that supplement the growth of the market. Currently, Asia-Pacific has been seen as the largest market and huge demand for the erotic lingerie market due to internet penetration. Major reasons contribute towards the growth factor are increasing disposable income as well as the rising number of e-commerce websites and preference for online shopping among the consumers.

Another major reason is having different varieties and styling of erotic lingerie as well as preference for premium brands among women is also contributing huge demand in the region for this market. Key players such as L Brands Inc are developing wide range of erotic lingerie considering consumer tastes and preferences with latest technology and fabrics. North America as well as Europe are witnessing fastest growing demand in the erotic lingerie market. Being developed regions, there is rising awareness among consumers about fashionable and comfortable lifestyle as well as presence of strong distribution channels is also a major factor that is resulting in the rise in demand for erotic lingerie among consumers.

The desire to try and flaunt upcoming trends and fashionable lifestyle has increased considerably among consumers. This race to meet with the changing fashion trends has influenced women to purchase latest fashion designs, especially worn by celebrities and on the other hand subtly influences to discard phased out trending apparels. For instance, in the early 20th century, silhouette style gained high popularity. In addition, one-piece garments, curved, and bust-emphasizing brassiere and girdle (elasticized fabric) garters gained high traction in the global market. Moreover, one-piece corsets gained acceptability, were reduced in size and finally gained the shape of bikini briefs. However, later in the 20th century, erotic lingerie became stylish. In the present era, fashion trends have become bolder; erotic lingerie is not just limited to innerwear. Fashion trends are pushing consumers to exhibit their innerwear as outerwear. Thus, such dynamic fashion trends are emerging as the key factors influencing the erotic lingerie market trends.
For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/6749

Erotic lingerie industry has witnessed higher rate of penetration in North America as well as Europe region. However, low availability has been observed for these products in some major parts of LAMEA region, which is attributable to low performing macro-economic factors such as internet penetration and aggressive marketing strategies by the manufacturers. Thus, lower penetration of such products limits the growth of the erotic lingerie market.

Key Findings Of The Study

In 2020, Asia-Pacific was the highest revenue-generating market, owing to rise in varieties of erotic lingerie and rapid penetration in the market
North America has emerged to be the second largest market with the U.S. and Canada accounting for prominent shares of the overall market, by value.
The bras segment has emerged to be the most prominent segment, owing to rise in demand for erotic lingerie.
North America is expected to witness fastest growth from 2020 to 2028, owing to high living standards and noticeable economies such as the U.S. and Canada.

Key players operating in the erotic lingerie market include Adore Me, Agent Provocateur, Amante, Ann Summers, Bluebella, Felina, Frederick's of Hollywood Operating Company, LLC, La Perla, L Brands Inc., and PVH Corporation.

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions". AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

This release was published on openPR.