Blockchain In The Lingerie Industry Statistics

The global blockchain in retail market was valued at USD 172.2 million in 2021 [1]

The blockchain in retail market is expected to grow at a CAGR of 87.2% from 2022 to 2030 [1]

The global blockchain supply chain market size was valued at USD 253 million in 2021 [2]

The blockchain supply chain market is projected to reach USD 14,323 million by 2030 [2]

The global blockchain in supply chain market is expected to grow at a CAGR of 53.2% from 2022 to 2030 [2]

The global blockchain in retail market is forecast to reach USD 70.7 billion by 2030 [3]

10% of global GDP will be stored on blockchain by 2027 according to the World Economic Forum estimate [4]

53% of retail executives say blockchain will be among the top five strategic priorities for their organizations [5]

62% of organizations see blockchain as a disruptive technology for supply chain operations [6]

39% of companies have already piloted or implemented blockchain in supply chain activities [7]

84% of executives say their organizations have some involvement with blockchain [8]

53% of senior executives say blockchain has become a critical priority for their organizations [8]

86% of respondents believe blockchain technology is broadly scalable and has achieved mainstream viability [8]

83% of respondents see compelling use cases for blockchain in supply chains [8]

43% of surveyed companies plan to invest at least USD 5 million in blockchain in the next 12 months [8]

77% of consumer products and manufacturing companies say they will lose competitive advantage if they do not adopt blockchain [8]

40 million products have been registered by Aura Blockchain Consortium [9]

50 luxury brands are part of the Aura Blockchain Consortium ecosystem [10]

20 million unique luxury goods had been registered on the Aura Blockchain by 2023 [11]

31% of organizations identify digital identity and product provenance as a leading blockchain use case [12]

Only 1% of CIOs indicated any kind of blockchain adoption within their organizations in 2018 [13]

8% of organizations were in short-term planning or active experimentation with blockchain in 2018 [13]

35% of supply-chain leaders expect to invest at least USD 1 million in blockchain [12]

19% of supply-chain leaders have already adopted blockchain [12]

87% of supply-chain professionals plan to invest in blockchain for supply chain by 2025 [14]

52% of executives identify supply chain as the area where blockchain will have the greatest impact [15]

16% of surveyed executives said blockchain was in active use in 2020 [16]

24% of fashion executives cite traceability technologies such as blockchain as a top-three opportunity [17]

70% of consumers say sustainability is more important to them than it was two years ago [18]

57% of consumers are willing to change their purchasing habits to help reduce negative environmental impact [18]

71% of consumers surveyed by IBM said traceability is very important [18]

62% of consumers are willing to pay a premium for products from brands that provide greater transparency and traceability [18]

73% of global consumers would definitely or probably change their consumption habits to reduce environmental impact [19]

81% of global respondents feel strongly that companies should help improve the environment [19]

48% of U.S. consumers say they are more likely to buy from a company that can prove its products are ethically sourced [20]

44% of consumers say transparency about how products are made is very important in purchase decisions [20]

30% of apparel and footwear consumers want more information about product sustainability at point of purchase [21]

67% of consumers consider the use of sustainable materials an important purchasing factor in fashion [22]

42% of consumers want to know where and how a garment was made [23]

59% of Gen Z consumers say they would trust brands more if they could verify product claims digitally [24]

79% of consumers say they want brands to disclose more information on product origins [25]

35% of consumers said they would scan a digital label or QR code to learn more about a garment’s provenance [25]

52% of shoppers say they are skeptical of sustainability claims made by fashion brands [26]

39% of apparel shoppers want item-level origin information before buying [27]

60% of consumers globally would like retailers to offer more information on product environmental impact [28]

85% of consumers have become greener in their purchasing in the past five years [29]

34% of consumers are willing to pay more for sustainable fashion [30]

46% of consumers say clear product traceability would increase loyalty to a fashion brand [31]

91% of business leaders say blockchain and other technologies are important for supply-chain traceability [32]

76% of consumers are concerned about greenwashing by brands [33]

55% of consumers say third-party verification would make sustainability claims more believable [34]

63% of consumers under 35 expect brands to provide digital proof of ethical practices [35]

50% of consumers say they have difficulty identifying truly sustainable fashion products [36]

32% of consumers have used a QR code on apparel packaging or labeling to obtain product information [37]

41% of consumers say a digital product passport would improve trust in fashion brands [38]

68% of shoppers want fashion brands to provide proof that workers were treated fairly [39]

29% of consumers consider labor-condition transparency a top factor when buying intimate apparel [40]

47% of consumers say verifiable origin data would make them more likely to buy premium apparel [41]

Counterfeiting drains roughly USD 4.2 trillion from the global economy and puts 5.4 million legitimate jobs at risk by 2022 [42]

Counterfeit and pirated goods accounted for up to 3.3% of world trade [43]

Imports of counterfeit and pirated goods were worth as much as USD 509 billion in 2016 [43]

Clothing was among the top sectors seized in counterfeit trade, accounting for 18% of customs seizures by value [43]

Footwear accounted for 22% of seized counterfeit goods by value in OECD analysis [43]

The global market for anti-counterfeit packaging was valued at USD 143.8 billion in 2022 [44]

The anti-counterfeit packaging market is expected to grow at a CAGR of 12.7% from 2023 to 2030 [44]

RFID represented 26.5% of anti-counterfeit packaging market revenue in 2022 [44]

32% of luxury consumers have accidentally purchased a counterfeit product online [45]

46% of consumers would like brands to use technology to authenticate products before purchase [46]

61% of brands say counterfeiting has increased on online marketplaces [47]

49% of consumers say product authentication would increase trust in resale fashion [48]

28% of fashion executives cite digital IDs and authentication as a priority investment area [49]

21% of consumers say fear of counterfeits is a barrier to buying secondhand luxury online [50]

54% of U.S. shoppers say they are concerned about counterfeit goods sold online [51]

97% of brand protection professionals say organized crime is involved in counterfeiting [52]

74% of companies say they have increased investment in product serialization or traceability for anti-counterfeit purposes [53]

63% of consumers would scan a product code if it confirmed authenticity [54]

The EU collected 16 million counterfeit articles at external borders in one year [55]

The estimated value of counterfeit articles detained at EU borders was nearly EUR 760 million [55]

Wearing apparel accounted for 14% of detained articles in EU border IPR cases [55]

Labels, tags and stickers represented 34% of detained articles in EU border enforcement results [55]

69% of consumers say they would pay more for products with verified authenticity and provenance [56]

58% of companies report difficulty complying with expanding supply-chain due diligence rules [57]

67% of executives say end-to-end traceability is necessary for regulatory compliance [58]

44% of apparel companies say they lack reliable data to substantiate compliance claims [58]

52% of fashion brands expect digital product passports to improve compliance efficiency [58]

36% of organizations cite interoperability as the biggest challenge to blockchain implementation [59]

33% of organizations cite replacing or adapting legacy systems as a top challenge to blockchain adoption [59]

30% of organizations cite potential security threats as a top barrier to blockchain adoption [59]

29% of organizations cite regulatory issues as a leading barrier to blockchain adoption [59]

57% of executives say the top benefit of blockchain is better traceability [15]

49% of executives cite dispute resolution as a benefit of blockchain [15]

46% of executives say blockchain can reduce costs by removing intermediaries [15]

44% of executives say blockchain can accelerate transactions [15]

37% of organizations say lack of skills is a barrier to blockchain implementation [60]

48% of organizations say uncertainty about ROI is a barrier to blockchain adoption [60]

45% of organizations say governance concerns are a barrier to blockchain adoption [60]

44% of organizations say ability to bring a network together is a barrier to blockchain adoption [60]

Blockchain could boost global trade by USD 1 trillion over the next decade by improving supply chains and trade finance [61]

Digitizing bills of lading can reduce trade document transfer times from five to ten days to less than 24 hours [61]

Maersk estimated paperwork processing can account for up to 20% of transportation costs [61]

56% of supply-chain organizations expect blockchain to have a transformational or significant impact [6]

23% of organizations say they are currently using blockchain in supply chain operations [6]

50% of supply-chain organizations plan to adopt blockchain within five years [6]

81% of companies say data quality is the main challenge in traceability implementation [58]

66% of brands say supplier onboarding is a major bottleneck in digitizing traceability [58]

59% of companies report manual processes still dominate traceability data collection [58]

71% of companies say traceability investments are being accelerated by upcoming regulation [58]

65% of executives say blockchain is useful for establishing a single version of the truth across partners [5]

55% of organizations expect blockchain to reduce supply-chain complexity [5]

69% of organizations expect blockchain to improve traceability [5]

61% of organizations expect blockchain to improve visibility [5]

70% of executives believe blockchain and IoT together will increase supply-chain transparency [62]

43% of executives say proving provenance is a key value driver for blockchain investment [62]

31% of companies say ecosystem immaturity is a major obstacle to blockchain deployment [60]

27% of companies say intellectual property concerns hinder blockchain collaboration [60]

The global lingerie market size was valued at USD 88.32 billion in 2023 [63]

The global lingerie market is projected to grow from USD 91.67 billion in 2024 to USD 156.71 billion by 2032 [63]

The global lingerie market is expected to exhibit a CAGR of 6.92% during 2024-2032 [63]

The women’s lingerie segment accounted for the largest share of the lingerie market in 2023 [63]

North America held a market share of 31.79% in the global lingerie market in 2023 [63]

The global intimate apparel market size was USD 82.46 billion in 2022 [64]

The global intimate apparel market is expected to grow at a CAGR of 6.4% from 2023 to 2030 [64]

The women segment held 67.7% revenue share of the intimate apparel market in 2022 [64]

The offline distribution channel accounted for 77.2% of intimate apparel revenue in 2022 [64]

Asia Pacific accounted for 40.6% of the intimate apparel market revenue in 2022 [64]

The global shapewear market size was valued at USD 2.98 billion in 2023 [65]

The shapewear market is expected to grow at a CAGR of 7.8% from 2024 to 2030 [65]

The women’s shapewear segment accounted for 87.8% of revenue in 2023 [65]

The global sleepwear market size was valued at USD 12.6 billion in 2022 [66]

The global sleepwear market is expected to grow at a CAGR of 9.0% from 2023 to 2030 [66]

The women segment accounted for 60.7% of sleepwear revenue in 2022 [66]

The global hosiery market size was valued at USD 42.37 billion in 2023 [67]

The hosiery market is projected to grow at a CAGR of 6.8% from 2024 to 2030 [67]

The non-sheer hosiery segment accounted for 54.6% of revenue in 2023 [67]

The offline channel held 82.1% of hosiery market revenue in 2023 [67]

The global women’s underwear market size was valued at USD 40.82 billion in 2023 [68]

The women’s underwear market is expected to grow at a CAGR of 6.3% from 2024 to 2030 [68]

Briefs accounted for 39.9% of women’s underwear market revenue in 2023 [68]

Cotton accounted for 44.9% of women’s underwear market revenue in 2023 [68]

The offline channel accounted for 72.8% of women’s underwear market revenue in 2023 [68]

The global bras market size was valued at USD 23.09 billion in 2023 [69]

The bras market is expected to grow at a CAGR of 8.9% from 2024 to 2030 [69]

T-shirt bras accounted for 32.7% of bras market revenue in 2023 [69]

North America accounted for 32.4% of bras market revenue in 2023 [69]

Apparel and footwear account for 8.3% of global greenhouse gas emissions [70]

The fashion industry consumes 93 billion cubic meters of water annually [71]

One garbage truck of textiles is landfilled or burned every second [72]

Less than 1% of material used to produce clothing is recycled into new clothing [72]

The equivalent of USD 100 billion worth of materials is lost each year after clothing is used [72]

Textile production is responsible for about 20% of global clean water pollution from dyeing and finishing products [73]

Clothing purchases in the EU increased by 40% in just a few decades [73]

Each person in the EU consumes 26 kg of textiles per year on average [73]

Each person in the EU discards about 11 kg of textiles per year [73]

87% of the total fibre input used for clothing is ultimately incinerated or landfilled [72]

Washing synthetic textiles accounts for 35% of primary microplastics released into the environment [73]

Textiles use 1.5 trillion liters of water annually according to EU estimates [74]

The consumption of textiles in the EU generated 270 kg of CO2 emissions per person in 2020 [74]

Textile consumption in Europe requires 9 cubic meters of water per person [74]

Textile consumption in Europe uses 391 kg of raw materials per person [74]

Global fiber production reached 116 million tonnes in 2022 [75]

Polyester represented 54% of global fiber production in 2022 [75]

Recycled fibers accounted for only 7.9% of global fiber production in 2022 [75]

Less than 1% of the global fiber market came from pre- and post-consumer recycled textiles in 2022 [75]

Man-made cellulosic fibers reached 7.9 million tonnes in 2022 [75]

37% of fashion executives cite supply-chain traceability as a top sustainability challenge [76]

18% of fashion leaders say they can track both where all materials come from and confirm environmental claims [77]

47% of brands have visibility only to Tier 1 suppliers [77]

34% of fashion brands have no visibility beyond Tier 1 at all [77]

60% of all clothing is estimated to be made from fossil-fuel-derived plastics [78]

Production of synthetic fibers for textiles more than doubled between 2000 and 2021 [78]

89% of the biggest brands have no strategy to move away from virgin synthetic materials [78]

85% of textiles end up in dumps each year [79]

The average number of times a garment is worn has decreased by around 36% compared with 15 years ago [72]