Erotic Lingerie Market Research Report 2020-2025


Posted March 11, 2021 by prashanth123

Erotic Lingerie Market - Segmentation by Type (Bra, Briefs, Shapewear, Camisoles and Other Types), By Distribution Channel
 
Erotic Lingerie Market was valued at around USD xx million in 2020 and will reach USD xx million by the end of 2025, growing at an average annual rate of xx% during 2020-2025.

Erotic lingerie refers to categories of women's clothing, including pajamas, underwear and light dresses. As the preference for fashionable clothes among women increased, the demand for erotic lingerie increased. The lingerie is made of soft, elastic and light fabrics, such as silk, lycra, satin and chiffon. These fabrics are also made of natural fibers such as cotton or silk or synthetic fibers such as nylon or polyester. Lingerie manufacturers are focusing on introducing technology and modern fabrics to develop new products that meet the changing tastes and preferences of consumers. Due to the increase in the consumption of women and the tendency to buy lingerie with elegant clothes, the trend of various types of lingerie in the closet is recorded.

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Market Drivers

The global erotic lingerie market is mainly determined by the growing preference for premium brands among women. In addition, the presence of an active distribution channel is an important factor that leads to an increase in the demand for erotic lingerie among consumers. Due to the popularity of online shopping, manufacturers are focusing on the development of websites with detailed product features, including details such as the exact size. Customers around the world are trying to add a shared style to their underwear, and these factors have increased the penetration of erotic lingerie. In emerging markets, the increase in disposable income and the growing middle class have allowed the entry of world markets, and multinational companies have entered these markets.

Both large multi-brand retailers such as Amazon and smaller niche retailers, including exclusive online lingerie retailers, have seen an increase in the presence of online retailers, leading to the elimination of customer restrictions in market conservatives and growth in regions such as the Middle East. Online sales are especially important in markets where customers are still severely limited to buying erotic lingerie in stores from an existing point of view. This trend has reached the next level, and new companies are trying to enter the emerging lingerie market.

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Restraints

But poor-quality clothing is a significant limitation in the global erotic lingerie business.

Market Segmentation

The global erotic lingerie market is classified by type, distribution channels and geography.

By type, the global erotic lingerie market is divided into bra, briefs, shapewear, camisole and others. Of these, the segments like bra and briefs have a prominent share in the international market and are likely to expand with a considerable growth rate in the coming years.

By distribution channel, Online retail stores are expected to show the fastest growth during the forecast period as consumers become more interested in online shopping. This is mainly due to the increase in the spread of smartphones and Internet services over the years. The online platform also presents a variety of brands that offer consumers a variety of options. However, offline distribution channels like supermarket/hypermarket and specialty stores dominated the market due to their willingness to buy the right size of the female population.

Regional Analysis

On the geographical side, global erotic lingerie has been categorized as North America, Europe, Asia Pacific, the Middle East and Africa and South America.

Europe erotic lingerie market, covering Germany, the United Kingdom, France and Italy, dominated the global business with a growing preference for premium brands among consumers. North America erotic lingerie market, including the United States and Canada, has gained a significant revenue share due to the increasing number of e-commerce websites and the desire to shop online among consumers.

The Asia-Pacific erotic lingerie market, which includes China, India and Japan, is expected to have the fastest growth rate during the forecast period as the number of manufacturers in the region increases. In the APAC region, China, Malaysia and Singapore are anticipated to experience significant growth in the erotic lingerie business during the forecast period.

Company Scenario

Victoria's Secret is a leading online retailer of erotic lingerie, and despite its important offline status, it was the only lingerie retailer in the 1000 best online stores in the world.

AdoreMe Inc. has become one of the fastest-growing start-ups in the lingerie market and focuses on contacting customers directly through the online channel.
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Last Updated March 11, 2021