According to a new report, published by KBV research, The Global Erotic Lingerie Market size is expected to reach $37 billion by 2031, rising at a market growth of 5.3% CAGR during the forecast period. In the year 2023, the market attained a volume of 896,935.13 thousand units experiencing a growth of 18.8% (2020-2023).
The Natural segment is registering a CAGR of 4.9 % during the forecast period. Many consumers favor natural fibers because of their hypoallergenic properties and gentle feel on the skin. Natural materials are less likely to cause irritation or allergic reactions, making them suitable for individuals with sensitive skin or allergies.
The Bra segment led the Global Erotic Lingerie Market by Product Type in 2023; thereby, achieving a market value of $15 billion by 2031. Bras are designed to enhance the natural shape of the breasts, emphasizing sensuality and allure. They often feature intricate designs, such as lace overlays, sheer fabrics, or cut-out details, which enhance their visual appeal and create a provocative look.
The Hypermarket/Supermarket segment is growing at a CAGR of 4.4 % during the forecast period. Supermarkets and hypermarkets offer convenience by providing a one-stop shopping destination for consumers who can purchase lingerie, groceries, and other household items in a single visit.
Full Report: https://www.kbvresearch.com/erotic-lingerie-market/
The Asia Pacific region dominated the Global Erotic Lingerie Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $14.5 billion by 2031. The North America region is anticipated to grow at a CAGR of 4.6% during (2024 - 2031). Additionally, The Europe region would witness a CAGR of 4.9% during (2024 - 2031).
By Material (Volume, Thousand Units, USD Billion, 2020-2031)
By Product Type (Volume, Thousand Units, USD Billion, 2020-2031)
By Distribution Channel (Volume, Thousand Units, USD Billion, 2020-2031)