Saudi Arabia Lingerie Market (2024-2030) | Growth, Trends, Companies, Forecast, Size, Industry, Revenue, Outlook, Analysis, Value & Share

Saudi Arabia Lingerie Market Synopsis

Saudi Arabia is one of the biggest lingerie markets in the Middle East. Saudi women are increasingly becoming more conscious about their appearance and are willing to spend on trendy, fashionable lingerie items that make them look good. With increasing awareness about body image, lingerie has become an integral part of the wardrobe for many Saudi Arabia women. The market for lingerie in Saudi Arabia is witnessing growth as a result of increasing consumer spending power and changing socio-economic dynamics in the country.

Market Drivers

Increasing Discretionary Spending Power: The growing discretionary spending power among consumers in Saudi Arabia is one of the key drivers for growth in the country??s lingerie market. Consumers have greater disposable incomes, which enables them to buy luxury or even branded products from leading brands such as Victoria`s Secret, La Perla etc., thus driving up demand for these products within this sector. Growing Awareness About Body Image Among Women In Saudi Arabia: Another major driver behind increased demand for lingerie items is rising awareness amongst young women about body image and self-confidence due to social media influence and celebrity culture; they want to feel more attractive and confident by wearing quality undergarments that fit well with their outfits regardless of occasion or dress code.

Challenges of the Market

Social Taboos Around Lingerie Shopping In Public Places: Despite growing demand for high quality fashion items such as designer bras or panties, there still exists some cultural taboos related to shopping publicly or buying it online due to conservative Islamic values prevalent among locals who view it as something inappropriate; hence customers tend not purchase from public stores or websites even though prices may be lower than specialized outlets. This stigma surrounding purchasing intimate apparel presents a challenge towards gaining traction among potential buyers within the country.

Covid 19 Impact on the Market

The lingerie market in Saudi Arabia has been severely impacted by the COVID-19 pandemic. The country is facing a severe economic downturn due to a steep decline in oil prices and reduced spending from customers, especially on nonessential items such as lingerie. Demand for luxury products such as designer lingerie has also declined significantly. This has caused many local businesses selling lingerie to shut down or reduce their operations drastically, leading to job losses and further reduction of consumer disposable incomes.

key players of the Market

Some of the key players operating in the Saudi Arabia lingerie market include Victoria??s Secret, Triumph International, La Perla Group, Etam Lingerie SA, Wacoal Corp., Jockey International Inc., American Eagle Outfitters Inc., Marks & Spencer PLC (M&S), Hanesbrands Inc., PVH Corp., Chantelle SAS, Intimissimi SPA and ASOS Plc. These companies are focusing on product innovation with new designs and colors to attract more consumers into buying their products amid the increasing competition within this sector.

Key Highlights of the Report:

• Saudi Arabia Lingerie Market Outlook
• Market Size of Saudi Arabia Lingerie Market, 2023
• Forecast of Saudi Arabia Lingerie Market, 2030
• Historical Data and Forecast of Saudi Arabia Lingerie Revenues & Volume for the Period 2020-2030
• Saudi Arabia Lingerie Market Trend Evolution
• Saudi Arabia Lingerie Market Drivers and Challenges
• Saudi Arabia Lingerie Price Trends
• Saudi Arabia Lingerie Porter's Five Forces
• Saudi Arabia Lingerie Industry Life Cycle
• Historical Data and Forecast of Saudi Arabia Lingerie Market Revenues & Volume By Type for the Period 2020-2030
• Historical Data and Forecast of Saudi Arabia Lingerie Market Revenues & Volume By Brassiere for the Period 2020-2030
• Historical Data and Forecast of Saudi Arabia Lingerie Market Revenues & Volume By Knickers for the Period 2020-2030
• Historical Data and Forecast of Saudi Arabia Lingerie Market Revenues & Volume By Shape Wear for the Period 2020-2030
• Historical Data and Forecast of Saudi Arabia Lingerie Market Revenues & Volume By Others for the Period 2020-2030
• Historical Data and Forecast of Saudi Arabia Lingerie Market Revenues & Volume By Distribution Channel for the Period 2020-2030
• Historical Data and Forecast of Saudi Arabia Lingerie Market Revenues & Volume By Specialty Stores for the Period 2020-2030
• Historical Data and Forecast of Saudi Arabia Lingerie Market Revenues & Volume By Multi Brands Stores for the Period 2020-2030
• Historical Data and Forecast of Saudi Arabia Lingerie Market Revenues & Volume By Online for the Period 2020-2030
• Saudi Arabia Lingerie Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Distribution Channel
• Saudi Arabia Lingerie Top Companies Market Share
• Saudi Arabia Lingerie Competitive Benchmarking By Technical and Operational Parameters
• Saudi Arabia Lingerie Company Profiles
• Saudi Arabia Lingerie Key Strategic Recommendations

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