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Bra Market Overview:
The Bra market competitive landscape provides information about rivals. Corporate overview, financials, revenue produced, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, and application domination are all contained in the details. The data points presented above are only relevant to the firms' emphasis on the Bra market.
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Global Bra Market was worth US$ 39.81 Bn. In 2020 and total revenue is expected to grow at a rate of 7.6% CAGR from 2021 to 2027, reaching almost US$ 66.48 Bn. in 2027.
Market Scope:
This Bra market report discusses new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, opportunities in terms of emerging revenue streams, changes in market regulations, strategic market growth analysis, market size, segmented market growth, application niches, and dominance, product approvals, product launches, geographic expansion For more information on the Bra market, please contact Maximize Market Research for an Analyst Brief; our experts will assist you in making an informed market choice to achieve market growth.
Drivers:
Numerous kinds of padded bras are required as more women enter the workforce. As their purchasing power increases, younger women are becoming more sophisticated and are able to tell apart different bra qualities. Additionally, because comfort and performance are more important to athletes and sports enthusiasts than ever before, they are choosing functional sports intimate wear, like padded sports bras. All of these elements are anticipated to drive the global bra market during the forecast period (2020 - 2027).
Segmentation:
The market is further divided into three categories: padded, non-padded, and others. Due to its features, which have increased padded bra production all over the world, the padded bra segment has gained market dominance. Padded bras offer better support than non-padded bras because they prevent the breasts from drooping. A padded sports bra is one example of functional sports intimate wear that more athletes and sports enthusiasts are choosing to buy as a result of the increased emphasis on comfort and performance in sports. Throughout the forecast period, these will continue to encourage bra manufacturers to boost production capacity.
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Key Players: The following are the key players of the Bra market-
• L Bra nds Inc.
• Hanes Bra.
• The Phillipps-Van Heusen Corporation
• Berkshire Hathaway Inc. (Fruit of the Loom)
• Wacoal
• Jockey International, Inc.
• Groupe Chantelle
• Triumph International
• Wolf Lingerie Limited
• Clovia.
• Amante.
• Zivame.
Regional Analysis:
The region portion of the research also includes individual market affecting elements and changes in legislation in the market that affect present and future market trends. Data points such as downstream and upstream value chain analysis, technological trends, porter's five forces analysis, and case studies are only a few of the indicators utilized to anticipate the market scenario for different nations.
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COVID-19 Impact Analysis on Bra Market: The report also discusses how COVID-19 affected the Bra market. The primary goal of this study is to assist the user in understanding the market in terms of definition, segmentation, market potential, significant trends, and the problems that the industry is experiencing across key regions. The research details the overall impact of COVID-19 on the Bra Market by providing a micro and macroeconomic analysis. The precise study focuses on market share and size, which clearly depicts the impact that the pandemic has had and is anticipated to have on the global Bra Market in the future years.
Key Questions Answered in the Bra Market Report are:
- What will be the CAGR of the Bra market during the forecast period (2021-2027)?
- Which segment emerged as the leading segment in the Bra market?
- Which are the prominent players in the Bra market?
- What key trends are likely to emerge in the Bra market in the forecast period?
- What will be the Bra market size by 2027?
- Which company held the largest share in the Bra market in 2020?
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