Lingerie Market size was over USD 94.28 billion in 2024 and is projected to reach USD 196.22 billion by 2037, witnessing around 5.8% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of lingerie is assessed at USD 98.65 billion.
The market growth is attributed to the growing number of working women and their increasing spending on good-quality products. According to the Periodic Labor Force Survey (PLFS) Annual Report by the Ministry of Statistics & Program Implementation, during 2022–2023, women’s participation in the labor force notably increased to 37.0%. Besides this, the changing lifestyle and clothing habits of millennials have increased the demand for good fabric lingerie.
Author Credits: Parul Atri
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