Global Brassiere Market 2024

Brassiere Market Size

The global brassiere market shrank to $X in 2023, which is down by X% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the global market attained the maximum level at $X in 2019; however, from 2020 to 2023, consumption remained at a lower figure.

Brassiere Production

In value terms, brassiere production declined modestly to $X in 2023 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by X% against the previous year. Over the period under review, global production attained the peak level at $X in 2019; however, from 2020 to 2023, production stood at a somewhat lower figure.

Brassiere Exports

Exports

In 2023, shipments abroad of brassieres decreased by X% to X units, falling for the second consecutive year after two years of growth. Overall, total exports indicated a notable expansion from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports decreased by X% against 2021 indices. The growth pace was the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of X units. From 2022 to 2023, the growth of the global exports remained at a somewhat lower figure.

In value terms, brassiere exports fell modestly to $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X%. The global exports peaked at $X in 2022, and then dropped modestly in the following year.

Exports by Country

China prevails in exports structure, resulting at X units, which was near X% of total exports in 2023. Bangladesh (X units) held the second position in the ranking, followed by Vietnam (X units). All these countries together held approx. X% share of total exports. Indonesia (X units), Sri Lanka (X units) and the United States (X units) held a minor share of total exports.

From 2012 to 2023, average annual rates of growth with regard to brassiere exports from China stood at X%. At the same time, Vietnam (X%), Bangladesh (X%), Sri Lanka (X%), Indonesia (X%) and the United States (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2023. China (X p.p.), Vietnam (X p.p.) and Bangladesh (X p.p.) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2023, the average annual rate of growth in terms of value in China totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (X% per year) and Bangladesh (X% per year).

Export Prices by Country

The average brassiere export price stood at $X per unit in 2023, stabilizing at the previous year. Overall, the export price continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Vietnam ($X per unit), while China ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the United States (X%), while the other global leaders experienced more modest paces of growth.

Brassiere Imports

Imports

In 2023, overseas purchases of brassieres decreased by X% to X units for the first time since 2020, thus ending a two-year rising trend. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, global imports hit record highs at X units in 2022, and then fell notably in the following year.

In value terms, brassiere imports contracted to $X in 2023. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, global imports reached the maximum at $X in 2022, and then declined in the following year.

Imports by Country

In 2023, the United States (X units), distantly followed by Vietnam (X units) and Germany (X units) were the largest importers of brassieres, together making up X% of total imports. Japan (X units), Italy (X units), Indonesia (X units), the UK (X units), France (X units), Thailand (X units), the Netherlands (X units), the United Arab Emirates (X units), South Korea (X units) and Russia (X units) held a relatively small share of total imports.

From 2012 to 2023, average annual rates of growth with regard to brassiere imports into the United States stood at X%. At the same time, Vietnam (X%), Indonesia (X%), South Korea (X%), Russia (X%), Italy (X%), Thailand (X%) and the Netherlands (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2023. Germany experienced a relatively flat trend pattern. By contrast, Japan (X%), the United Arab Emirates (X%), France (X%) and the UK (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Vietnam and Indonesia increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In the United States, brassiere imports decreased by an average annual rate of X% over the period from 2012-2023. 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

The average brassiere import price stood at $X per unit in 2023, remaining relatively unchanged against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2023, import prices remained at a lower figure.

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

From 2012 to 2023, 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