Market revenue in 2022 | USD 339.7 million |
Market revenue in 2030 | USD 645.4 million |
Growth rate | 8.4% (CAGR from 2022 to 2030) |
Largest segment | Briefs |
Fastest growing segment | Shapewear |
Historical data | 2017 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Briefs, Bras, Shapewear |
Key market players worldwide | Victoria's Secret & Co, Gap Inc, PVH Corp, Wacoal Holdings Corp, Hanesbrands Inc, Zivame.com, Triumph International, Chantelle, Hunkemoller, Natori |
Briefs was the largest segment with a revenue share of 56.05% in 2022. Horizon Databook has segmented the Brazil intimate lingerie market based on briefs, bras, shapewear covering the revenue growth of each sub-segment from 2017 to 2030.
In recent years, there has been a growing trend among lingerie brands to adopt sustainable and ethical business practices, which has widely influenced the Brazilian market. This includes a shift toward using alternative materials that are cruelty-free and environmentally friendly. One aspect of this movement is the production of vegan bras. Vegan bras are made using materials like Fairtrade organic cotton, organic bamboo viscose, and faux leather.
By using these alternatives, brands can cater to consumers who prioritize ethical and sustainable fashion choices. Brands that offer sustainable and biodegradable lingerie gain a competitive advantage in the market. They differentiate themselves from competitors by showcasing their commitment to sustainability and capturing the attention of consumers who prioritize eco-friendly products.
This can lead to increased market share and growth opportunities for these brands. For instance, in April 2020, Hope Lingerie launched a line of lingerie made from biodegradable fabric in Brazil. The lingerie products include the Touch line-up and Bamboo fitness fashion.
Key Regions: U.S. , UK , Japan , South Africa , Canada
No credit card required*
Name | Profile | # Employees | HQ | Website |
---|
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account