South Korea Intimate Lingerie Market Size & Outlook
- Consumer Goods
- Clothing, Footwear & Accessories
- Intimate Lingerie Market Outlook
- Clothing, Footwear & Accessories
South Korea Intimate Lingerie Market, 2017-2030 (US$M)
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South Korea intimate lingerie market highlights
- The South Korea intimate lingerie market generated a revenue of USD 214.5 million in 2022 and is expected to reach USD 427.6 million by 2030.
- The South Korea market is expected to grow at a CAGR of 9% from 2023 to 2030.
- In terms of segment, briefs was the largest revenue generating product in 2022.
- Shapewear is the most lucrative product segment registering the fastest growth during the forecast period.
Intimate lingerie market data book summary
| Market revenue in 2022 | USD 214.5 million |
| Market revenue in 2030 | USD 427.6 million |
| Growth rate | 9% (CAGR from 2022 to 2030) |
| Largest segment | Briefs |
| Fastest growing segment | Shapewear |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Briefs, Bras, Shapewear |
| Key market players worldwide | Victoria's Secret & Co, Gap Inc, PVH Corp, Wacoal Holdings Corp, Hanesbrands Inc, Zivame.com, Triumph International, Chantelle, Hunkemoller, Natori |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.5% of the global intimate lingerie market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China intimate lingerie market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,694.1 million by 2030.
One key factor driving the growth of the intimate lingerie market in South Korea is the changing social attitudes towards lingerie. Traditionally, lingerie was considered a taboo subject, but with the influence of global fashion trends and increasing exposure to international media, South Koreans have become more open to discussing and embracing lingerie as a fashion statement.
This cultural shift has paved the way for increased demand and acceptance of intimate lingerie products. South Korean consumers also have a strong emphasis on quality and aesthetics. They value well fitting and comfortable lingerie that enhances their body shape and complements their outfits.
As a result, there is a growing demand for lingerie brands that prioritize both style and functionality. Domestic and international lingerie brands in South Korea focus on offering a diverse range of sizes, designs, and materials to cater to the diverse needs of consumers.
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Intimate Lingerie Market Scope
Intimate Lingerie Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Gap Inc | View profile | 85,000 | Two Folsom Street, San Francisco, CA, United States, 94105 | www.gapinc.com |
| PVH Corp | View profile | 29,000 | 285 Madison Avenue, New York, NY, United States, 10017 | www.pvh.com |
| Wacoal Holdings Corp | View profile | 19,629 | 29, Nakajima-cho, Kisshoin, Minami-ku, Kyoto, Japan, 601-8530 | www.wacoalholdings.jp |
| Victoria's Secret & Co | View profile | 30,000 | 4 Limited Parkway East, Reynoldsburg, OH, United States, 43068 | www.victoriassecretandco.com |
| Hanesbrands Inc | View profile | 48,000 | 1000 East Hanes Mill Road, Winston-Salem, NC, United States, 27105 | www.hanes.com |
| Triumph International | View profile | 10001+ | Törökbálint, Pest, Hungary, Europe | www.triumph.com |
| Hunkemoller | View profile | 5001-10000 | Hilversum, Noord-Holland, The Netherlands, Europe | www.hunkemoller.com |
| Zivame.com | View profile | 251-500 | Bangalore, Karnataka, India, Asia | www.zivame.com/ |
| Chantelle | View profile | 501-1000 | Cachan, Ile-de-France, France, Europe | group.chantellelingerie.com/ |
| Natori | View profile | 101-250 | New York, New York, United States, North America | natori.com |
South Korea Intimate Lingerie Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Intimate Lingerie Market Outlook will help companies and investors design strategic landscapes.
Briefs was the largest segment with a revenue share of 56.18% in 2022.
Horizon Databook has segmented the South Korea intimate lingerie market based on briefs, bras, shapewear covering the revenue growth of each sub-segment from 2017 to 2030.
One key factor driving the growth of the intimate lingerie market in South Korea is the changing social attitudes towards lingerie. Traditionally, lingerie was considered a taboo subject, but with the influence of global fashion trends and increasing exposure to international media, South Koreans have become more open to discussing and embracing lingerie as a fashion statement.
This cultural shift has paved the way for increased demand and acceptance of intimate lingerie products. South Korean consumers also have a strong emphasis on quality and aesthetics. They value well fitting and comfortable lingerie that enhances their body shape and complements their outfits.
As a result, there is a growing demand for lingerie brands that prioritize both style and functionality. Domestic and international lingerie brands in South Korea focus on offering a diverse range of sizes, designs, and materials to cater to the diverse needs of consumers.
- South Korea Intimate Lingerie Market Product Type Outlook (Revenue, USD Million , 2017-2030)
- Briefs
- Bras
- Shapewear
- Others
- South Korea Intimate Lingerie Market Distribution Channel Outlook (Revenue, USD Million , 2017-2030)
- Offline
- Online
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea Intimate Lingerie Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Korea Intimate Lingerie Market Outlook from 2017 to 2030, including revenue numbers, major trends, and company profiles.
South Korea Intimate Lingerie Market, 2017-2030 (US$M)
South Korea intimate lingerie market statistics, by product, 2017-2030 (US$M)
