Silicone Bra Market Forecast and Prospects
The Global Silicone Bras Market size is expected to grow from USD 1.5 billion in 2021 to USD XX billion by 2030, at a CAGR of 7.0% during the forecast period. This growth can be attributed to the increasing awareness about breast cancer and the growing demand for non-wired bras. Furthermore, the increasing awareness of the importance of silicone is also propelling the growth of the market.
Silicone bras are undergarments designed to create the appearance of fuller breasts or to enhance cleavage. They are made from silicone gel, which is a type of synthetic rubber. Silicone bras can be worn with or without straps and come in a variety of styles, including push-up, balconette, and plunge. Silicone bras can be worn with or without a bra and are available in a variety of colors and styles. Unlike traditional bras that use padding or underwire to create lift and cleavage, silicone bras rely on gel filling to provide support and shape. This makes them much more comfortable to wear for extended periods of time and less likely to cause irritation or discomfort.
On the basis of Type, the market is segmented into Backless, Strapless/Multi-way. The Backless segment is projected to grow at the highest CAGR during the forecast period.
Backless:
Backless silicone bras are designed to offer support and lift without the use of straps. They are perfect for wear with backless or strapless dresses and tops. The cups and band of the bra are made from silicone, which sticks to the skin and provides support. The cups may be molded or padded, depending on the level of support required.
Strapless/Multi-way:
Strapless/Multi-way silicone bras are a type of silicone bra that can be worn in various ways. They are usually strapless and have multiple straps that can be attached or detached as needed. Multi-way silicone bras are ideal for women who want the support of a bra without the hassle of straps. They are also perfect for women who want to wear their bras in different styles. Multi-way silicone bras are available in a variety of colors, sizes, and shapes. They can be found at most lingerie stores and online retailers.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market in North America is expected to grow at the highest CAGR during the forecast period. Latin American and MEA are anticipated to show lucrative growth prospects in the silicone bras market due to the untapped potential in these regions. The market in Europe is expected to grow at a significant rate during the forecast period. The Asia Pacific market is projected to grow at the second-highest CAGR during the forecast period.
Growth Factors For The Global Silicone Bras Market:
Some of the key factors driving the growth of the market are:
- The increasing awareness about breast cancer is fuelling the growth of the market.
- The growing demand for non-wired bras is also boosting the market growth.
- The increasing awareness of the importance of silicone is also propelling the growth of the market.
- The rising disposable incomes and changing lifestyles of consumers are also fuelling the growth of the market.
- The advancements in technology have led to the development of new types of silicone bras that are more comfortable and offer better support.
- The growing popularity of online shopping is also providing a boost to market growth.
Overview of the regional outlook of the Silicone Bras Market:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.