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INTIMATE APPAREL: report predicts sales growth

PUBLISHED by Allied Market Research, a new study titled Intimate Wear Market Report predicts that the global market will expand at a CAGR of 7.2 per cent in the six years to 2022, reaching a value of USD 250bn. It adds that the Asia-Pacific region was leading the intimate apparel market in 2015, followed by North America. It also states that higher disposable income in the area, growing fashion consciousness among the young and greater awareness of hygiene requirements all played a part in boosting market size and that women accounted for 59 per cent of spending on underwear.

Chantelle

Chantelle

The predicted CAGR should allow all well-managed brands to achieve a satisfactory level of viability.

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