Overview of the Global Market for Brassieres, Girdles And Corsets

Market Size for Brassieres, Girdles And Corsets

The global brassiere, girdle and corset market contracted to $X in 2022, flattening at the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the global market remained at a lower figure.

Production of Brassieres, Girdles And Corsets

In value terms, brassiere, girdle and corset production declined modestly to $X in 2022 estimated in export price. Overall, the total production indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2020 to 2022, global production growth failed to regain momentum.

Exports of Brassieres, Girdles And Corsets

Exports

In 2022, global brassiere, girdle and corset exports shrank slightly to X units, waning by X% on 2021 figures. Over the period under review, total exports indicated a resilient expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units, and then fell slightly in the following year.

In value terms, brassiere, girdle and corset exports declined modestly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by X%. As a result, the exports reached the peak of $X, and then dropped in the following year.

Exports by Country

China prevails in exports structure, finishing at X units, which was approx. X% of total exports in 2022. It was distantly followed by Bangladesh (X units) and Vietnam (X units), together comprising an X% share of total exports. The following exporters - Indonesia (X units), Sri Lanka (X units) and Germany (X units) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to brassiere, girdle and corset exports from China stood at X%. At the same time, Vietnam (X%), Bangladesh (X%), Sri Lanka (X%), Germany (X%) and Indonesia (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. While the share of China (X p.p.), Vietnam (X p.p.) and Bangladesh (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest brassiere, girdle and corset supplier worldwide, comprising X% of global exports. The second position in the ranking was taken by Vietnam ($X), with an X% share of global exports. It was followed by Bangladesh, with a X% share.

In China, brassiere, girdle and corset exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Vietnam (X% per year) and Bangladesh (X% per year).

Export Prices by Country

The average brassiere, girdle and corset export price stood at $X per unit in 2022, approximately mirroring the previous year. Overall, the export price, however, continues to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other global leaders experienced more modest paces of growth.

Imports of Brassieres, Girdles And Corsets

Imports

In 2022, purchases abroad of brassieres, girdles and corsets increased by X% to X units, rising for the second year in a row after three years of decline. The total import volume increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, global imports hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, brassiere, girdle and corset imports expanded slightly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of X%. Global imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, the United States (X units) represented the key importer of brassieres, girdles and corsets, making up X% of total imports. It was distantly followed by Germany (X units), achieving a X% share of total imports. France (X units), the UK (X units), Japan (X units), the Netherlands (X units), Indonesia (X units), Italy (X units), Thailand (X units), Spain (X units), Chile (X units), China (X units) and South Korea (X units) took a relatively small share of total imports.

From 2012 to 2022, average annual rates of growth with regard to brassiere, girdle and corset imports into the United States stood at X%. At the same time, China (X%), Chile (X%), the Netherlands (X%), South Korea (X%), Indonesia (X%), Italy (X%), Thailand (X%), Germany (X%) and France (X%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. Spain and Japan experienced a relatively flat trend pattern. By contrast, the UK (X%) illustrated a downward trend over the same period. While the share of China (X p.p.), Chile (X p.p.) and the Netherlands (X p.p.) increased significantly in terms of the global imports from 2012-2022, the share of the UK (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported brassieres, girdles and corsets worldwide, comprising X% of global imports. The second position in the ranking was taken by Germany ($X), with a X% share of global imports. It was followed by Japan, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (X% per year) and Japan (X% per year).

Import Prices by Country

In 2022, the average brassiere, girdle and corset import price amounted to $X per unit, remaining stable against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2021 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Germany ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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