Europe Bra Market, Size, Share, By Type (Padded Bra and Non-Padded Bra), By Application (Textile, Design, and Fashion) and By Country (UK, Germany, France, Russia, Italy and Rest of Europe) - Trends, Analysis and Forecast till 2034

Report Code: PMI527924 | Publish Date: June 2024 | No. of Pages: 135

Europe Bra Market Overview

The Europe bra market represents a dynamic and diverse landscape shaped by rich cultural heritage, evolving fashion trends, and changing consumer preferences. Across the continent, from cosmopolitan cities to rural towns, bras are considered essential undergarments, fashion statements, and symbols of individuality. The European Market offers a wide array of bra styles, sizes, and designs to cater to consumers' diverse needs and tastes. As economic prosperity, urbanization, and globalization continue to influence lifestyles and shopping behaviors, the European bra market experiences constant innovation and adaptation to meet the demands of a discerning consumer base.

Europe Bra Market Growth:

  • 2024: Reaches a valuation of USD 12.31 Billion
  • 2034: Expected to hit USD 49.68 Billion
  • Growth Journey: Over the next decade, this growth will be driven by a 15.9% CAGR.

Europe Bra Market Drivers & Restraints

Key Drivers of Target Market:

Embrace of Body Diversity and Inclusivity

A significant driving factor in the European bra market is embracing body diversity and inclusivity. Across Europe, there is a growing movement towards body positivity, challenging traditional beauty standards and celebrating bodies of all shapes, sizes, and ages. This cultural shift has prompted lingerie brands to expand their size ranges, offer inclusive marketing campaigns, and promote self-acceptance and confidence. Consumers are increasingly seeking bras that provide comfort and support, reflect their individuality, and embrace their unique body shapes. As a result, brands that prioritize inclusivity and diversity in their product offerings and marketing strategies are gaining traction and loyalty among European consumers.

Increasing Demand for Sustainable and Ethical Fashion

Another driving factor is the increasing demand for sustainable and ethical fashion in the European bra market. With growing environmental awareness and concerns about the fashion industry's impact on the planet, consumers are seeking environmentally friendly and ethically produced lingerie options. This has led to a rise in demand for organic, recycled, or eco-friendly bras, as well as transparent supply chains and fair labor practices. Sustainable lingerie brands that prioritize eco-consciousness, transparency, and ethical sourcing resonate with European consumers who value sustainability as a key purchasing criterion. Moreover, initiatives promoting circular economy models, such as bra recycling programs and clothing rental services, are gaining popularity, further driving the shift towards sustainable lingerie consumption in Europe.

Restrains:

Regulatory Compliance and Market Fragmentation

Despite the positive trends, the European bra market faces challenges related to regulatory compliance and market fragmentation. The European Union (EU) has stringent regulations regarding product safety, labeling requirements, and chemical restrictions, which can vary from Country to Country within the EU member states. This regulatory complexity can pose barriers to entry for international bra brands and complicate supply chain management for domestic and foreign manufacturers. The European bra market is also fragmented, with diverse consumer preferences, cultural norms, and retail landscapes across different countries. This diversity necessitates localized marketing strategies, product assortments, and distribution channels, adding complexity and costs for bra brands operating in multiple European markets. As a result, companies must navigate regulatory compliance and market fragmentation carefully to penetrate and succeed in the European bra market landscape effectively.

Europe Bra Market Segmentations & Regional Insights

The market is segmented based on Type, Application, and Country.

Europe Bra Market Report Scope:

Attribute

Details

Market Size 2024

USD 12.31 Billion

Projected Market Size 2034

USD 49.68 Billion

CAGR Growth Rate

15.9%

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Billion & CAGR from 2024 to 2034

Market Segmentation

By Type - Padded Bra and Non-Padded Bra

By Application - Textile, Design, and Fashion

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2023 to 2034. For the purpose of this study segmented the Bra Market report based on Type, Application and Country:

Segmentation:

By Type:

  • Padded Bra
  • Non-Padded Bra

By Application:

  • Textile
  • Design
  • Fashion

By Country:

  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe

Europe Bra Market Competitive Landscape & Key Players

The key players operating the Bra Market includes L Brands, Inc., HANESBRANDS, INC., THE PHILLIPS-VAN HEUSEN CORPORATION, Berkshire Hathaway, Inc., Wacoal, Inc., Jockey International, Inc., GROUPE CHANTELLE, Wolf Lingerie Limited

Europe Bra Market Company Profile

  • L Brands, Inc., Inc.
  • HANESBRANDS, INC.
  • THE PHILLIPS-VAN HEUSEN CORPORATION  
  • Berkshire Hathaway, Inc.
  • Wacoal, Inc., Ltd.
  • Jockey International, Inc.  
  • GROUPE CHANTELLE, INC.
  • Wolf Lingerie Limited   

FAQs

The Europe Bra Market is segmented into Type, Application and Country.

Embrace of body diversity and inclusivity and increasing demand for sustainable and ethical fashion.

By Country, the Bra Market is segmented into UK, Germany, France, Russia, Italy and Rest of Europe, Russia is expected to dominate the Market due to Large Number of Consumers.

The key players operating the Bra Market includes L Brands, Inc., HANESBRANDS, INC., THE PHILLIPS-VAN HEUSEN CORPORATION, Berkshire Hathaway, Inc., Wacoal, Inc., Ltd., Jockey International, Inc., GROUPE CHANTELLE, INC., and Wolf Lingerie Limited