Allied Market Research

2024

Womenand's Bras Market

Womenand's Bras Market Size, Share, Competitive Landscape and Trend Analysis Report by Type and by Application : Global Opportunity Analysis and Industry Forecast, 2023-2032

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Author's: | Roshan Deshmukh
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Introduction
Women’s bras have become an essential item in many women’s wardrobe. Bras are available in a variety of styles, sizes, and levels of support. The global women’s bras market is segmented by type and application. The type segment is further divided into light support, medium support, and high support bras. The application segment is further divided into A-cup, B-cup, C-cup, D-cup, and other sizes. The global women’s bras market is expected to witness significant growth during the forecast period due to rising demand for comfort and support in the undergarment industry.
Market Dynamics
The global women’s bras market is primarily driven by the increasing demand for comfortable and supportive bras among women. The rising number of working women, increasing disposable income, and changing fashion trends are some of the major drivers of the market. In addition, the growing awareness of the importance of proper support for the breasts is also driving the market. Moreover, the growing popularity of online shopping and the availability of a wide range of bras in various sizes are further expected to fuel the growth of the market.
However, the market is hindered by the availability of counterfeit products and the limited availability of bras in the smaller sizes. Additionally, the high cost of bras and the lack of availability of a wide range of sizes in brick and mortar stores are some of the major restraining factors for the market.
Market Analysis
The global women’s bras market is segmented by type and application. On the basis of type, the market is further divided into light support, medium support, and high support bras. The light support bras segment is expected to witness the highest growth during the forecast period, due to the increasing demand for comfort and support. On the basis of application, the market is further divided into A-cup, B-cup, C-cup, D-cup, and other sizes.
The global women’s bras market is further segmented by region into North America, Europe, Asia Pacific, and the Middle East and Africa. North America is expected to dominate the market during the forecast period, due to the presence of a large number of key players and the increasing demand for comfortable and supportive bras in the region. Europe is expected to witness significant growth during the forecast period, due to the presence of a large number of women’s lingerie stores and the increasing awareness of the importance of proper support for the breasts.
Future Trends
The global women’s bras market is expected to witness significant growth during the forecast period, due to the increasing demand for comfort and support. Additionally, the growing popularity of online shopping, the availability of a wide range of bras in various sizes, and the increasing number of working women are some of the major factors driving the market. Moreover, the increasing demand for better quality bras and the growing awareness of the importance of proper support for the breasts are expected to fuel the growth of the market.
In addition, the rising number of manufacturers and the increasing number of women-focused stores are expected to further drive the growth of the market. Furthermore, the increasing investments in research and development activities by key players and the introduction of innovative products are expected to provide new opportunities for the market.
Key Regulations
The global women’s bras market is highly regulated by various agencies, such as the US Food and Drug Administration (FDA), the European Union (EU), and the World Health Organization (WHO). These agencies have laid down regulations and standards for the production and sale of bras to ensure safety and quality. Additionally, the manufacturers are required to adhere to these regulations and standards in order to ensure the safety and quality of their products.
Segmental Overview
The global women’s bras market is segmented by type and application. On the basis of type, the market is further divided into light support, medium support, and high support bras. The light support bras segment is expected to witness the highest growth during the forecast period, due to the increasing demand for comfort and support. On the basis of application, the market is further divided into A-cup, B-cup, C-cup, D-cup, and other sizes.
Market Scenario
The global women’s bras market is highly competitive with a large number of manufacturers operating in the market. The key players in the market include Gap, Adidas, Asics, Ellesse, Decathlon, Champion, The North Face, Puma, Arc’Teryx, Bonds, Reebok, Nike, New Balance, Triumph, Nanjiren, Under Armour, Enell, Victoria’s Secret, Lululemon Athletica, Shock Absorber, Berlei, and Titika Active. These companies are engaged in product launches, acquisitions, business expansions, partnerships, investments, and other strategies in order to gain a competitive edge in the market.
Gap has launched the GapBody by GapFit collection of supportive bras. Adidas has launched the adidas by Stella McCartney line of bras. Asics has launched the Asics Run Bra collection of running bras. Ellesse has launched the Ellesse Sport range of technical sports bras. Decathlon has launched the Kalenji range of sports bras. Champion has launched the Champion by Sarah Jessica Parker collection of sports bras. The North Face has launched the The North Face Endurance Challenge collection of sports bras.
Puma has launched the Puma by Rihanna collection of sports bras. Arc’Teryx has launched the Arc’Teryx Lineage collection of bras. Bonds has launched the Bonds Beyond Basics collection of bras. Reebok has launched the Reebok x Victoria’s Secret collection of sports bras. Nike has launched the Nike Pro collection of sports bras. New Balance has launched the New Balance Impact collection of sports bras. Triumph has launched the Triumph Inspire collection of bras.
Nanjiren has launched the Nanjiren Lace collection of bras. Under Armour has launched the Under Armour Performance range of sports bras. Enell has launched the Enell Max Support collection of bras. Victoria’s Secret has launched the Victoria’s Secret Dream Angels collection of sports bras. Lululemon Athletica has launched the Lululemon Athletica Strappy Bra collection. Shock Absorber has launched the Shock Absorber Active Shaped Support collection of sports bras. Berlei has launched the Berlei Ultimate Performance collection of sports bras. Titika Active has launched the Titika Active Lifting collection of sports bras.
Qualitative Insights
New Product Development: Leading manufacturers are focusing on developing new products to cater to the changing needs of consumers. The companies are developing new products with better materials and technology to provide better support and comfort.
Research and Development: The companies are investing heavily in research and development activities to develop new and innovative products. The companies are also focusing on improving the quality of their products and introducing new designs to remain competitive in the market.
Consumer/End-User Perceptions: Consumers are becoming increasingly aware of the importance of proper support for their breasts and are demanding more comfortable and supportive bras. Additionally, they are also looking for bras in various sizes and designs to meet their individual needs.
Pricing Strategies: The companies are adopting various pricing strategies to remain competitive in the market. The companies are offering discounts and promotional offers on their products to attract more customers.
Porter’s Five Force Analysis
The global women’s bras market is highly competitive with a large number of manufacturers operating in the market. The bargaining power of buyers and suppliers is high due to the presence of a large number of players in the market. The threat of new entrants is low due to the presence of a large number of established players in the market. The threat of substitute products is low due to the unique features and benefits of bras. The intensity of competitive rivalry is high due to the presence of a large number of manufacturers in the market.
Conclusion
The global women’s bras market is expected to witness significant growth during the forecast period due to the increasing demand for comfort and support in the undergarment industry. The rising number of working women, increasing disposable income, and changing fashion trends are some of the major drivers of the market. In addition, the growing popularity of online shopping and the availability of a wide range of bras in various sizes are further expected to fuel the growth of the market. However, the market is hindered by the availability of counterfeit products and the limited availability of bras in the smaller sizes. Additionally, the high cost of bras and the lack of availability of a wide range of sizes in brick and mortar stores are some of the major restraining factors for the market. The key players in the market include Gap, Adidas, Asics, Ellesse, Decathlon, Champion, The North Face, Puma, Arc’Teryx, Bonds, Reebok, Nike, New Balance, Triumph, Nanjiren, Under Armour, Enell, Victoria’s Secret, Lululemon Athletica, Shock Absorber, Berlei, and Titika Active. These companies are engaged in product launches, acquisitions, business expansions, partnerships, investments, and other strategies in order to gain a competitive edge in the market.

Key Benefits of the Report


  • This study presents the analytical depiction of the Womenand#039;s Bras Market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the Womenand#039;s Bras Market share.
  • The current market is quantitatively analyzed to highlight the Womenand#039;s Bras Market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
  • The report provides a detailed Womenand#039;s Bras Market analysis based on competitive intensity and how the competition will take shape in coming years

Womenand's Bras Market Report Highlights

Aspects Details
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By Type
  • Light Support
  • Medium Support
  • High Support
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By Application
  • A-cup
  • B-cup
  • C-cup
  • D-cup
  • Other
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, Italy, Spain, UK, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Australia, Thailand, Malaysia, Indonesia, Rest of Asia-Pacific)
  • LAMEA  (Brazil, South Africa, Saudi Arabia, UAE, Argentina, Rest of LAMEA)
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Key Market Players

Arc’Teryx, Adidas, Asics, Ellesse, Decathlon, Nike, Triumph, Gap, Victoria'S Secret, Lululemon Athletica, The North Face, Berlei..., Nanjiren, New Balance, Champion, Puma, Enell, Reebok, Under Armour, Shock Absorber, Bonds

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Womenand's Bras Market

Global Opportunity Analysis and Industry Forecast, 2023-2032