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Consumer Awareness about Body Positivity and Rising Purchasing Power of Women to Fuel Global Intimate Lingerie Market Growth | Future Market Insights, Inc. [Yahoo! Finance]

Hanesbrands Inc. (HBI) 
Last hanesbrands inc. earnings: 4/30 06:30 am Check Earnings Report
US:NYSE Investor Relations: ir.hanesbrands.com
Company Research Source: Yahoo! Finance
NEWARK, Del, Jan. 07, 2024 (GLOBE NEWSWIRE) -- The market for intimate lingerie is predicted to be valued at US$ 14,584.80 million in 2024 and is expected to attain a worth of US$ 35,166.30 million by 2034. The market is projected to register a CAGR of 9.20% from 2024 to 2034. The global market for intimate lingerie is expected to expand owing to a variety of factors, including increasing awareness of product suitability, the rising population of millennials, and the growing financial strength of women. All these factors are expected to influence the market demand positively over the forecast period. Lingerie designers vigorously emphasize providing a tailored fit for their diverse customer base, considering different nations' cultural and social perspectives. The market has encountered notable growth due to the increasing purchasing power of people in developing countries, further leading to market expansion. Functionality is the main driving force of the market, with manufacturer Show less Read more
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