Global Bra Cups Market Overview:
Bra is a form-fitting innerwear which is designed to support a woman’s breasts. Convertible bra cups come in many shapes and sizes, but they all share the common goal of adaptability. The global bra cups market is expected to witness a high growth over the forecast period owing to rising population of financially independent women, growing per capita income levels, coupled with rapid urbanization and expansion of sales channels. However, the high cost of production of bra cups hindering the market growth.
Growth Drivers
- Increasing Number of Working Women Led to Rise in Demand for Different Types of Bra Cups
- Women Are Changing Their Attitude Toward Innerwear
Roadblocks
- Cost of Production of Bra Cups Is Very High
Opportunities
- Product Innovations Can Provide an Opportunity for Growth
Challenges
- Changing Consumer Preferences
Competitive Landscape:
The companies are exploring the market in new regions by adopting mergers & acquisitions, expansions, new product launches and collaborations as their strategies. Key players are exploring new geographies through expansions and acquisitions across worldwide to avail competitive advantage through combined synergies
Some of the key players profiled in the report are Cosmo Lady (China), Huijie (China), Wacoal Holdings (Japan), Fast Retailing (Japan), Tutuanna (Japan), PVH (United States), Gunze (Japan), BYC Co. (South Korea), MAS Holdings (Sri Lanka) and Hop Lun (Hong Kong). Additionally, following companies can also be profiled that are part of our coverage like P.H. Garment (Hong Kong), Victorias Secret (United States), Gokaldas Images (India) and Oleno Group (Hong Kong). Analyst at AMA Research see Chinese and Japanese Vendors to retain maximum share of Global Bra Cups market by 2026. Considering Market by Distribution Channel, the sub-segment i.e. Specialty Stores will boost the Bra Cups market.
What Can be Explored with the Bra Cups Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Bra Cups Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Bra Cups
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Bra Cups market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Bra Cups market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Bra Cups, Suppliers of Bra Cups Subcomponents, Wholesalers, Distributers and Retailers of Bra Cups, Clothing Industry, Governmental Bodies, Industry Association and Downstream Vendors.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.