Market revenue in 2022 | USD 253.2 million |
Market revenue in 2030 | USD 468.2 million |
Growth rate | 8% (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 56.4% in 2022. Horizon Databook has segmented the Spain intimate lingerie market based on briefs, bras, shapewear covering the revenue growth of each sub-segment from 2017 to 2030.
Spain has a strong cultural appreciation for lingerie. Lingerie is seen as an integral part of personal style and self-expression. Spanish consumers value the sensuality, elegance, and confidence that lingerie provides. This cultural perspective has contributed to the growth of the market, with consumers seeking a variety of lingerie styles to suit their preferences and occasions.
Spain has a vibrant fashion scene with a focus on innovation and trendsetting. Spanish consumers are known for their fashion-forward approach and desire to stay up-to-date with the latest trends. The demand for stylish and on-trend intimate lingerie has driven market growth, as consumers seek lingerie that reflects their fashion sensibilities.
Spain, like many other countries, has witnessed a shift in societal attitudes toward body positivity and inclusivity. Consumers are embracing diverse body types and seeking lingerie that caters to their unique sizes and shapes. Lingerie brands that prioritize inclusive sizing and celebrate body diversity have gained traction in the market, contributing to its growth.
Key Regions: Brazil , U.S. , UK , Japan , South Africa
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