Maternity Innerwear Market Outlook On The Basis Of Type (Maternity/Nursing Bras, Camisoles, Shapewear, Maternity Briefs), By Distribution Channel (Online, Offline), By Region, And Segment Forecasts, 2023 - 2030
San
Francisco, 30 April 2024: The Report
Maternity Innerwear Market Size, Share & Trends Analysis
Report By Type (Maternity/Nursing Bras, Camisoles, Shapewear, Maternity
Briefs), By Distribution Channel (Online, Offline), By Region, And Segment
Forecasts, 2023 - 2030
The global maternity innerwear market
size is expected to reach USD 12.88 billion by 2030, according to a new report
by Grand View Research, Inc. The market is projected to expand at a CAGR of
7.2% from 2023 to 2030. The growth is largely driven by factors such as the
increasing participation of women in the global labor force and the growing
inclination toward pregnancy fashion.
The opportunity to showcase brands on
a larger platform can offer lucrative opportunities to players in the market.
Influenced by social media, fashion blogs, magazines, film, and television,
consumers today are demanding more from maternity innerwear brands, giving
players scope for innovation and experimentation with designs, fabrics, and
fit.
Growing fashion consciousness and
increasing focus on personal appearance are encouraging expectant mothers to
spend more on stylish and trendy maternity innerwear. Apparel brands have been
capitalizing on these evolving trends to offer consumers on-trend yet
comfortable innerwear while taking into consideration the best fabrics, as well
as reconsidering the positioning of elastics, clasps and hooks, and tags that
could be uncomfortable at various stages of pregnancy. For instance, Australian
author Zoë Foster Blake has been known to wear designer labels like Active
Truth and Bras N Things during her pregnancies.
Maternity briefs emerged as the
largest segment and accounted for a revenue share of 30.36% in 2021. The
segment is expected to continue its dominance during the forecast period. The
nursing bras segment is expected to expand at the fastest CAGR of 8.1% from
2022 to 2030. These bras are more comfortable to wear than regular underwear
and they are available in various styles to suit the varied requirements of
expectant and new moms. Players in the maternity innerwear industry have been
offering a range of maternity briefs in online as well as offline stores, which
are fueling the demand for the segment.
The maternity innerwear industry is
characterized by the presence of various well-established players such as
Seraphine; Wacoal; and H & M Hennes & Mauritz AB, and several small-
and medium-sized players such as Hatch Collection LLC; MamaCouture; Hotmilk
Lingerie; Belabumbum; Fresh Venturz LLP; Clovia; and Triumph Holding AG. The
market players face stiff competition as some of them are among the top
manufacturers of maternity innerwear and have large customer bases.
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The
increasing number of working women in the world, coupled with the growing
inclination for pregnancy fashion, is foreseen to drive the growth of the
industry in the forthcoming years. The constant launch of more convenient
product varieties and the easy availability of these products through online
retail channels are some key factors that positively affect the growth.
Maternity
Innerwear Market Report Highlights
- The increasing number of women
participating in the workforce and the growing inclination for pregnancy
fashion are the factors foreseen to drive the growth of the market in the
forthcoming years
- In 2022, Asia Pacific held the largest
revenue share of 41.32%. The need for various types of maternity clothes
is supplemented by the increasing spending power of the people, which is a
key factor fueling the growth of the regional market
- The shapewear segment held a considerable
revenue share in 2022. Shapewear is very popular among millennials and
celebrities and has been gaining prominence in the maternity space as well
- The offline distribution segment held the
largest revenue share of 69.73% in 2022. This purchasing mode offers a
rich shopping experience and makes it easier for the consumers to
understand the exact size and quality of the maternity innerwear
The outbreak of coronavirus has had a
significant impact on the maternity innerwear market, both positively and
negatively. One of the significant outcomes of this ongoing pandemic has been a
reported rise in pregnancies in many parts of the world. The market has
benefited from recent advances and innovative tactics. Competitors are
improving their production capacities by incorporating technology into their
manufacturing processes and purchasing raw materials.
Online-to-offline (O2O) platforms are
also gaining traction in the industry. This model attracts customers in an
online environment and compels them to make purchases in physical stores. One
aspect of this channel is the ability to pay online and collect the product
from an offline retail store.
The increasing growth of local
commerce on the web is developing stronger links between online and offline
retail. Additionally, many apparel brands are focusing on fashionable maternity
innerwear collections and approaching online platforms to fulfill the evolving
needs of pregnant women and drive revenue growth.
For instance, in February 2021, Hatch
collection LLC launched a new maternity clothing line at Target, aiming at the
mamas-to-be who are looking for stylish maternity clothes for under $40. The
collection is available online and in select stores. The collection features 24
pieces with design details that accommodate growing bumps like elastic
waistbands and stretchy, lightweight fabrics.
Maternity Innerwear Market Report
Scope
Report
Attribute |
Details |
The market size
value in 2023 |
USD 7.97
billion |
The revenue
forecast in 2030 |
USD 12.88
billion |
Growth Rate |
CAGR of 7.2%
from 2023 to 2030 |
Base year for estimation |
2022 |
Historical data |
2017 - 2021 |
Forecast period |
2023 - 2030 |
Companies use social media to
influence consumer buying habits. Every year in the first week of August, World
Breastfeeding Week shines a spotlight on intimate apparel that caters to this
industry. ThirdLove, True&Co., and Pour Moi, among others, use Instagram to
sell their nursing bras and raise awareness regarding the event. In recent
years, e-commerce sales of maternity innerwear have increased in China, with
platforms like Dangdang, Vipshop, Amazon China, and Alibaba1688 (Alibaba's
clothing business) encouraging easy access to products for consumers.
List of Key
Players in the Maternity Innerwear Market
- Seraphine
- Wacoal
- H & M Hennes & Mauritz AB
- Hatch Collection LLC
- MamaCouture
- Hotmilk Lingerie
- Belabumbum
- Fresh Venturz LLP
- Clovia
- Triumph Holding AG
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