Press release
Bra Market is Projected to Grow Expeditiously: USD 59.5 Billion Revenue by 2032, Claims AMR
Download Sample Pages of Research Overview: https://www.alliedmarketresearch.com/request-sample/A10226
Prime determinants of growth
One of the major drivers in the bra market is rise in emphasis on comfort, with consumers seeking bras that blend style with functionality. Increase in demand for bras has fueled innovations in design, fabric technology, and sizing inclusivity. In addition, market growth opportunity lies in the growing trend of e-commerce, facilitating convenient and personalized shopping experiences. Online platforms offer a wide range of choices, which enables consumers to explore diverse styles and sizes. Moreover, e-commerce continues to expand, and presents a significant avenue for market growth, catering to the evolving preferences of a diverse customer base in the ever-evolving lingerie industry.
The sports bra segment to maintain its leadership status during the forecast period
By type, the sports bra segment held the highest market share in 2022, accounting for more than one-fourth of the global bra market revenue and is estimated to maintain its leadership status during the forecast period. As more women embrace active lifestyles, there is a growing demand for specialized bras that provide superior support and comfort during physical activities. Sports bras are designed with features like moisture-wicking fabrics, compression support, and reduced bounce which address the unique needs of active women. The athleisure trend has led to sports bras being worn during workouts and as everyday apparel. This dual functionality has significantly expanded the consumer base for sports bras, contributing to their majority share in the bra market.
Procure Complete Report (274 Pages PDF with Insights, Charts, Tables, and Figures): https://www.alliedmarketresearch.com/checkout-final/5294df9d6cf560ade9f23f80a4ff42ff
The cotton segment to maintain its leadership status during the forecast period
By raw material, the cotton segment held the highest market share in 2022, accounting for nearly two-fifths of the global bra market and is estimated to maintain its leadership status during the forecast period. The breathable nature of cotton fabric makes it ideal for everyday wear, providing comfort throughout the day. cotton bras are well-suited for various climates, offering a cooling effect in warmer temperatures. The widespread popularity of cotton bras is attributed to their comfort-focused design which meets the preferences of a broad consumer base.
The specialty stores segment to maintain its leadership status during the forecast period
By distribution channel, the specialty stores segment held the highest market share in 2022, accounting for more than half of the global bra market and is estimated to maintain its leadership status during the forecast period. Specialty stores specializing in lingerie products such as bras provide a dedicated shopping experience which allows the customers to receive personalized fittings and advice from knowledgeable staff. Moreover, specialty stores often carry a wide selection of brands, styles, and sizes that cater to the diverse preferences and body types of consumers.
Asia-Pacific to maintain its dominance by 2032
Region-wise, Asia-Pacific held the highest market share in terms of revenue in 2022 and is likely to dominate the market during the forecast period. With a significant percentage of the world's population, the Asia-Pacific region represents a vast consumer base for intimate apparel products including bras. As economies in countries like China and India continue to grow, there is an increasing disposable income which allows consumers to spend more on clothing and lingerie.
Want to Access the Statistical Data and Graphs, Key Players' Strategies: https://www.alliedmarketresearch.com/purchase-enquiry/A10226
Leading Market Players: -
PVH Corp.
Nike, Inc.
Hanesbrands Inc.
Victoria's Secret & Co.
Jockey International, Inc.
Triumph Intertrade AG
Lavinia Lingerie Inc.
Calida Holding AG
Wolf Lingerie SAS
Modenik Lifestyle Pvt. Ltd.
Know More- https://www.prnewswire.com/news-releases/bra-market-to-reach-59-5-billion-globally-by-2032-at-5-2-cagr-allied-market-research-302057381.html
Trending Reports:
Feminine Intimate Care Market https://www.alliedmarketresearch.com/feminine-intimate-care-market-A291929
Smart Pillows Market https://www.alliedmarketresearch.com/smart-pillows-market-A06454
Video Game Market https://www.alliedmarketresearch.com/video-game-market-A85196
Contact:
Davin Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
Follow Us on | Facebook | LinkedIn | YouTube |
About Us:
Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides end-to-end solutions along with information, education, advocacy, and networking resources to SMEs and early-stage start-ups to bring excellence to their processes. In addition, we offer a nurturing environment required to develop and grow businesses, including business planning; virtual support; market intelligence; acquiring resources; and getting direct access to finance, suppliers, and other experts to boost the growth of businesses and entrepreneurs.
Our bundled and hassle-free business support systems are customized to meet the needs of SME consultants and industry leaders. Moreover, our large network of skilled consultants and experts help start-ups get the business on a roll.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Bra Market is Projected to Grow Expeditiously: USD 59.5 Billion Revenue by 2032, Claims AMR here
News-ID: 4009292 • Views: …
More Releases from Allied Market Research
Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices.
Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529
What Are Urinary Drainage Bags?
Urinary drainage bags are specialized medical devices designed to collect…
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031.
The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growth…
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil …
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario.
Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strict…
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of …
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031.
Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise in…
More Releases for Bra
Wirefree Bra: Comfort and Style Redefined
Chennai, Tamil Nadu, India - 03/10/2024 - Shyaway is excited to announce the launch of its new line of wirefree bras, designed to offer women unparalleled comfort and support without compromising on style. Our innovative wirefree bras are crafted with the finest materials and cutting-edge technology to provide a seamless and comfortable fit.
Key Features:
Wireless Comfort: Say goodbye to uncomfortable underwires and experience the freedom of wire-free support.
Seamless Design: Our bras…
The Bra Recyclers Exceed Goal During Bra Recycling Month for a Second Year
October 2011 marked the second annual Bra Recycling Month, hosted by Arizona based textile recycling company The Bra Recyclers. The Bra Recyclers launched the event with a goal to collect 10,000 bras during the month of October in an effort to help reshape a life and bring awareness to domestic violence and breast cancer in a unique way. The Bra Recyclers are excited to report that so far they have…
The Bra Recyclers Establish Official Bra Recycling Location In Toronto
The Bra Recyclers, a textile recycling company based in Gilbert, Arizona, has joined forces with Elephant Shoes in Toronto, Canada in an effort to continue to bring the environmental and social benefits of bra recycling to every community. Elephant Shoes will be collecting bras for The Bra Recyclers on a permanent basis, providing an opportunity for local women to make a difference on a global scale.
Bra Recycling Ambassador, Veronika…
The Bra Recyclers Begin Planning 2nd Annual Bra Recycling Month In October
The Bra Recyclers, a textile recycling company based in Gilbert, Arizona, announces plans for the 2nd Annual Bra Recycling Month to take place this October. For the entire month of October, traditionally dedicated to Breast Cancer and Domestic Violence Awareness, The Bra Recyclers intend to collect recycled bras in an effort to help women nationwide bring attention to these powerful causes in a unique way, while directly helping to re-shape…
The Bra Recyclers Establish Official Bra Recycling Drop-Off Location In Canada
Phoenix, AZ; Alberta, Canada (August 3, 2011) – The Bra Recyclers, a textile recycling company based in Gilbert, Arizona, has joined forces with The Bra Lounge in Alberta, Canada in an effort to continue to bring the environmental and social benefits of bra recycling to every community. The Bra Lounge will be collecting bras for The Bra Recyclers on a permanent basis, providing an opportunity for local…
The Bra Recyclers Work With Green Partner in Malaysia to Expand Bra Recycling Gl …
PHOENIX, AZ (July 10, 2011) - The Bra Recyclers, a Gilbert, AZ based textile recycling company, report successful global expansion effort into Malaysia. Joanne Khoo and XIXILI, a lingerie company, have created a bra recycling project in Malaysia based on the principles and practices of The Bra Recyclers. Bra Recycling Project Director Khoo reports widespread success in the overseas effort to provide recycled bras to women in need…
