Market revenue in 2021 | USD 215.0 million |
Market revenue in 2030 | USD 487.2 million |
Growth rate | 9.5% (CAGR from 2021 to 2030) |
Largest segment | Maternity briefs |
Fastest growing segment | Maternity/ Nursing Bras |
Historical data | 2017 - 2020 |
Base year | 2021 |
Forecast period | 2022 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Maternity/ Nursing Bras, Camisoles, Shapewear, Maternity Briefs |
Key market players worldwide | Wacoal Holdings Corp, Hennes & Mauritz AB Class B, Reliance Inc, Triumph Group Inc, Séraphine, Hatch Collection, Hotmilk Lingerie, Belabumbum |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to maternity innerwear market will help companies and investors design strategic landscapes.
Maternity briefs was the largest segment with a revenue share of 33.58% in 2021. Horizon Databook has segmented the Brazil maternity innerwear market based on maternity/ nursing bras, camisoles, shapewear, maternity briefs covering the revenue growth of each sub-segment from 2017 to 2030.
As one of the fastest-growing economies in the world, Brazil is home to over 200 million people and is also a famous tourist attraction, with an average of 6.58 million international visitors per year. This rapid growth has positively impacted the standard of living, purchasing power, and disposable incomes of the people, which could benefit the maternity innerwear market.
However, as per the World Bank, there has been a constant decline in the birth rate in the country from 1960 to 2020. In 1960, Brazil reported a birth rate of 42.28 per 1000 people, whereas in 2019 it was only 13.70 per 1000 people. This, in turn, is anticipated to negatively affect the demand for maternity innerwear.
The rise in working pregnant women and mothers in the country has led to an increase in demand for nursing bras and maternity briefs. These bras help women to comfortably breastfeed without removing the bra.
Horizon Databook provides a detailed overview of country-level data and insights on the Brazil maternity innerwear market , including forecasts for subscribers. This country databook contains high-level insights into Brazil maternity innerwear market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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