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Balconette Bra Market Size, Revenue Analysis, Opportunities, Trends, Product Launch, 2023–2030

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The Global Balconette Bra Market size was USD 2.12 Billion in 2021 and is expected to register a revenue CAGR of 7.6% during the forecast period.

The Global Balconette Bra Market size was USD 2.12 Billion in 2021 and is expected to register a revenue CAGR of 7.6% over the forecast period, according to the latest report by Reports and Data. Increasing awareness regarding breast health leading to high demand for better breast support and uplifted shape while also looking appealing is one of the primary factors driving the balconette bra market revenue growth.

The balconette bra is considered to be a wardrobe essential for every woman as it provides excellent support and can be worn by women with heavy breasts.  Less coverage of breasts enables women to wear trendy clothing such as low-cut, backless, and off-shoulder dresses without worrying about visible straps. Cups in such bras are not as large as those in the full coverage bra, but it still offers a substantial amount of coverage. Additionally, balconettes with multi-way interchangeable straps allow more usability with broader choices of dress. Major lingerie and clothing brands are launching new lingerie collections with various appealing designs as well as versatility to meet changing women’s requirements.

The urge to look presentable on every occasion has strongly developed among women especially working women, mostly in developing and developed countries driving revenue growth of the balconette bra market. Surge in the number of working women globally, for instance, 58% in the U.S., 73% in the U.K., and 61% in China have increased the demand for comfortable and a variety of bras. Growing number of social media influencers are involved in the promotion of new fashion trends thereby utilizing such bras along with providing helpful reviews regarding the utility of such bras for different fashion styles are few of the major factors driving the revenue growth of the balconette bra market. On 21 Jan 2022, Boux Avenue which is one of the popular lingerie brands launched a new Valentine’s collection. The collection consists of a range of lacy sets with floral embroidery to fancy robes and chemise sets.

However, low coverage of balconette bras increases the chances of wardrobe malfunction such as spillage in an unwanted situation which is a factor expected to provide some restraints to the market revenue growth.

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Competitive Landscape:

The research report offers details about leading companies in the global Balconette Bra market along with global position, financial standing, license agreement, products and services portfolio and revenue contribution of each market player. Key players in the market are focusing on adopting various strategies such as mergers and acquisition, business expansion plans, new product launches, partnerships, collaborations, joint ventures to enhance their product base and gain robust footing in the market.

Some of the Leading Market Players Are Listed Below:

  • Jockey,
  • Calida Group,
  • Marks and Spencer,
  • Triumph Group,
  • Chantelle Group,
  • Hanesbrands Inc.,
  • PVH Corp.,
  • Victoria’s Secret,
  • Thirdlove,
  • Cosabella

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Market Segmentation:

The Global Balconette Bra industries are also studied based on leading segments, and examines dominant product and application segments in detail. The report aims to help reader’s benefits from the growth prospects existing in the market in the global Balconette Bra industries. It offers key information on drivers and restraints influencing the leading segments in the global Balconette Bra industries.

By Type Outlook

  • Padded balconette bra
  • Non-padded balconette bra
  • Others

By Distribution Channel Outlook

  • Hypermarkets
  • Supermarkets
  • Convenience stores
  • Online retail

By Material Outlook

  • Cotton
  • Satin
  • Chiffon
  • Silk
  • Others

For comprehensive coverage, the report discusses growth prospects, opportunities, and challenges. The market report considers various key factors across the leading regions.

Balconette Bra Market Segmentation based on Regions:

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Spain, Benelux, Rest of Europe)
  • Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
  • Latin America (Brazil, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, UAE, South Africa, Rest of Middle East Africa)

Key Features of the global Balconette Bra Market:

  • The report offers detailed estimations at the regional level with manufacturers, consumption, sales and import/export dynamics.
  • The report provides accurate details related of the manufacturers/vendors in the market, company overview, pricing analysis, financial standing, product portfolio, and gross profit of leading companies.
  • Company profiling with prevalent expansion strategies, revenue generation, and recent developments.
  • Optimum strategic initiatives for new players in the market.
  • Manufacturing processes, suppliers, cost, rates of production and consumption, transport mode and cost structuring, and value chain analysis.
  • The study also includes supply chain trends, including elaborate descriptions of the latest technological development

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Key questions addressed in the Report:

  • Which key players are operating in the global Balconette Bra market?
  • Which key factors are expected to hamper global market revenue growth?
  • What market size is the global Balconette Bra market expected to reach throughout the forecast period?
  • Which application segment revenue is expected to expand at a rapid CAGR between 2023 and 2030?
  • Which region is expected to account for robust revenue share throughout the forecast period?
  • Which regional segment is expected to register fastest revenue CAGR throughout the forecast period?
  • What revenue CGAR is the global Balconette Bra market expected to register during the forecast period?
  • What are the key outcomes of Porter’s Five Force analysis of the Balconette Bra market?

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