Global Lingerie Fabrics market will reach 5460.63 million US$ by the end of 2025
Published Date: 2019/8/19
The global Lingerie Fabrics market size will reach US$ 5460.63 million by 2025, from US$ 4543.35 million in 2018. In terms of the volume, the global Lingerie Fabrics consumption was 1372920 K Yard in 2018 and will reach 1723789 K Yard in 2025.
The global key Lingerie Fabrics manufacturers include Best Pacific, Sun Hing Industries Holding, Carvico, Nextil Group, Sanko Holding, Huading, Lauma Fabrics, HongDa, Liebaert, Zhejiang Huachang Textile, Guangdong Ace Stars, Marand, etc. Among them, Best Pacific ranks first in the industry, accounting for 5.35% of global production in 2018.
Geographically, APAC is the largest consumer and plays a more important role in the world, almost 39.96% of total consumption in 2018, followed by Europe with 29.06% of consumption share.
Lingerie Fabrics are classified as Warp Knitted and Weft knitted. In 2018, Weft Knitted accounted for a major share of 67.26% the global Lingerie Fabrics market, this product segment is poised to reach 3261.09 Million US$ by 2025 from 2809.87 Million US$ in 2018.
In application, underwear fabrics are mainly used to produce Bra, Knickers and Panties, Loungewear, and Shapewear, etc. In 2018, Bra accounted for nearly 39.71% of the total downstream consumption of underwear fabrics.
With the gradual maturity of the consumption concept of domestic consumers, the function of lingerie is no longer single. Lingerie will be based on the user's different scenarios, age, function, preferences and other in-depth market segmentation. As consumer demand gradually becomes diversified and personalized, manufacturers should meet the diversified and personalized needs of consumers through differentiated brand strategy.
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