The Bra market is projected to reach a valuation of US$46.5 Billion by the end of 2031.

Rise in number of working women is expected to increase the bra market size during the forecast period.Demand for different bra styles such as strapless bra, nursing bra, and sports bra, is expected to augment industry growth from 2022 to 2031Surge in fashion trends and Rise in demand for comfortable clothing is expected to drive the bra market growthWILMINGTOM, Del., Dec. 19, 2022 /PRNewswire/ — The global bra market size is projected to grow at a CAGR of 5.4% from 2022 to 2031. With the evolution of fashion and changing trends, different types of bras such as sports bra and nursing bra were introduced in the market that served specific purposes such as easy feeding; and for comfort and support during outdoor activities or exercise. Presently, a wide range of bra options are available for women. This is projected to have a positive influence on the growth of the global bra market during the forecast period.Transparency Market Research LogoAccording to the TMR report, the global bra market was valued at US$27.8 Bn in 2021 and is expected to reach US$ 46.5 Bn by the end of 2031. Rise in number of online retail stores and increase in disposable income of women is expected to promote growth of the bra market during the forecast period.Request Sample Report at – https://www.transparencymarketresearch.com /sample/sample.php?flag=S&rep_id=35870Key Findings of StudyRise in Brand Awareness Propelling Market Growth: Rise in disposable income has propelled the living standard of women. This is projected to bode well for multiple industries such as apparel, accessories, bags, and shoes. Among these, the inner garment industry is expected to gain significant traction, especially the bra market. This is attributed to the changing fashion trends and rise in popularity of comfortable and appropriate clothing. Women have a keen interest in multiple fashion choices, which is likely to promote new business opportunities for the bra market in the next few years. Increase in Population of Working Women Augmenting Industry Growth: Rise in population of working women has led to an increase in income levels and ultimately in the purchasing power of women. The rise in spending abilities and growing awareness about brands and fashion trends are projected to positively change the overall bra market outlook during the forecast period. Story continuesKey DriversIncrease in disposable income of working women has propelled the sales rate of the bra market along with other women’s fashion accessories.Rise in expenditure on personal grooming is projected to help drive the global bra market during the forecast period.Ease of online shopping options for women is estimated to spur growth of the bra market Immediate Purchase | Get Instant 30% Discount by Using F30 Promo Code: https://www.transparencymarketresearch.com/checkout.php?rep_id=35870&ltype=SRegional Growth DynamicsNorth America emerged dominant in the bra market and the trend is projected to continue during the forecast period . This is attributed to the rise in purchasing power of the female workforce that influences the demand for major brands in the bra industry. The US has majority share in the bra market in the region. Asia Pacific is expected to emerge as the fastest growing market for bras due to the presence of multiple medium-size and local brands and their manufacturing bases. Additionally, the low manufacturing and raw material cost in the bra business is projected to help this region offer tough competition to the current market leader (North America) in the near future. Key PlayersThe global bra market is fragmented in terms of competition with presence of multiple players. The high brand presence and popularity of some of these brand names will help them maintain an inner circle of leading players, thus restricting the entry of new players. Most of the top brands such as Victoria’s Secret & Co., and Jockey International, are investing heavily on brand promotion and digital advertising in order to attract higher revenues. Some notable players in the global bra market include Wolf Lingerie Limited, Groupe Chantelle, Wacoal , Victoria’s Secret & Co., Triumph International, PVH Corp., Jockey International, Hanesbrands Inc., Calida Group, Berkshire Hathaway Inc., L Brands Inc., and The Phillipps-Van Heusan Corporation. Ask for references – https:// www.transparencymarketresearch.com/sample/sample.php?flag=ARF&rep_id=35870Bra Market SegmentationTypeStyleSports BraNursing BraConvertible/Multi-way BraAdhesive/Stick-on BraOthers (Strapless Bra, Backless Bra, etc.) PriceDistribution Channelo E-commerce Websiteso Company Owned Websiteso Supermarket/Hypermarketo Specialty Storeso Other Retail StoresRegionsNorth AmericaEuropeAsia PacificMiddle East & AfricaLatin AmericaCountriesU.S.CanadaGermanyU.K.FranceSpainItalyRussia & CISChinaIndiaJap anASEANBrazilMexicoGCCSouth AfricaLatest Consumer Goods Industry Reports: – Online Home Decor Market Outlook 2031Pet Dietary Supplements Market Share 2031Hair Dryer Market Size 2031Non-stick Cookware Market Demand 2031Down and Feather Market Scope 2031Body Worn Insect Repellent Market Size 2031Europe Ceramic Wash Basin Market Share 2031Motocross Trends1Motocrossout2 Transparency Market Research Transparency Market Research registered at Wilmington, Delaware, United States, is a global market research company providing custom research and consulting services. TMR provides in-depth insights into factors governing demand in the market. It divulges opportunities across various segments based on Source, Application, Sales Channel, and End-Use that will favor growth in the market over the next 9 years. Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.For More Research Insights on Leading Industries, Visit our YouTube channel – https://www.youtube .com/channel/UC8e-z-g23-TdDMuODiL8BKQContact Us: Nikhil SawlaniTransparency Market Research Inc. CORPORATE HEADQUARTER DOWNTOWN, 1000 N. West Street, Suite 1200, Wilmington, Delaware 19801 USA Tel: 1-518-618-1030USA – Canada Toll Free : 866-552-3453Website: https://www.transparencymarketresearch.comBlog: https://tmrblog.comEmail: sales@transparencymarketresearch.comLogo – https://mma.prnewswire.com/media/1682871/TMR_Logo_Logo.jpgCisionView original content https://www.prnewswire.com/news-releases/bra-market-is-projected-to-reach-a-valuation-of-us-46-5-billion-by-the-end-of-2031 —transparency-market-research-inc-301706194.htmlSOURCE Transparency Market Research

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