Key Insights
The Asia-Pacific lingerie market, currently valued at approximately $XX million (estimated based on provided CAGR and market size data), is projected to experience robust growth, with a Compound Annual Growth Rate (CAGR) of 9.90% from 2025 to 2033. This expansion is fueled by several key drivers. Rising disposable incomes, particularly among young women in rapidly developing economies like India and China, are boosting demand for higher-quality and more diverse lingerie products. Furthermore, increasing awareness of body positivity and comfort, coupled with a growing preference for seamless and sustainable options, is shaping consumer preferences. The rise of e-commerce platforms offers convenient access to a wider range of products, further driving market growth. Segment-wise, the brassiere segment holds a significant market share, followed by briefs and other product types. Online retail stores are experiencing rapid growth as a distribution channel, complementing the established presence of supermarkets/hypermarkets and specialty stores. While challenges such as fluctuating raw material prices and intense competition exist, the overall market outlook remains positive.
The competitive landscape is characterized by a mix of established international players like Hanesbrands Inc., Triumph International, and Victoria's Secret & Co., alongside prominent regional brands such as Aimer Group and Zivame. These companies are leveraging various strategies, including product innovation, brand building, and strategic partnerships, to gain a competitive edge. The market's future growth will likely be influenced by factors such as evolving fashion trends, technological advancements in lingerie manufacturing, and the increasing adoption of sustainable and ethically sourced materials. The continued economic growth and changing lifestyles within the Asia-Pacific region will continue to be primary catalysts for expansion in this dynamic market. The dominance of China and Japan as major consumers will be further complemented by the emerging potential of markets like India and South Korea.
This detailed report provides a comprehensive analysis of the Asia-Pacific lingerie market, covering market size, segmentation, growth drivers, challenges, and key players. The study period spans from 2019 to 2033, with 2025 as the base and estimated year. This report is essential for lingerie brands, investors, and industry stakeholders seeking actionable insights into this dynamic market.

Asia-Pacific Lingerie Market Concentration & Innovation
This section analyzes the competitive landscape of the Asia-Pacific lingerie market, exploring market concentration, innovation drivers, regulatory frameworks, product substitutes, end-user trends, and merger and acquisition (M&A) activities. The market exhibits a moderately concentrated structure, with a few dominant players holding significant market share. Triumph International and Wacoal Holdings Corp, for example, command a substantial share, while smaller regional players maintain a considerable presence. The exact market share percentages are xx% and xx% respectively, for Triumph International and Wacoal Holdings Corp in 2025. Innovation is driven by factors such as technological advancements in fabric technology, design, and e-commerce integration.
- Market Concentration: The Herfindahl-Hirschman Index (HHI) is estimated at xx, indicating a moderately concentrated market.
- Innovation Drivers: Sustainable materials, technologically advanced fabrics, personalized fitting technologies, and seamless integration with online retail channels are key drivers.
- Regulatory Frameworks: Varying regulatory standards across countries in the Asia-Pacific region impact manufacturing and labeling requirements.
- Product Substitutes: The market faces competition from athleisure wear and other comfortable clothing options.
- End-User Trends: Increasing disposable incomes, changing lifestyles, and growing fashion awareness among women are fueling market growth.
- M&A Activities: The last five years have seen xx M&A deals with a total estimated value of $xx Million, primarily focused on expanding market reach and product portfolios. For example, the joint venture announced by Caely Holdings Bhd in February 2022 signals a push to increase production capacity.
Asia-Pacific Lingerie Market Industry Trends & Insights
The Asia-Pacific lingerie market is experiencing robust growth, driven by a combination of factors. The Compound Annual Growth Rate (CAGR) from 2025 to 2033 is projected to be xx%. This growth is primarily attributed to rising disposable incomes, particularly in emerging economies like India and China, coupled with changing consumer preferences towards comfort, variety, and premium quality. Furthermore, the increasing adoption of online retail channels and technological advancements in product design and manufacturing contribute significantly to market expansion. Market penetration, especially in rural areas, is still in its early stages, presenting a substantial opportunity for future growth. Competitive dynamics are shaped by the interplay between established global brands and local players, with the latter often catering to region-specific needs and preferences. The growing popularity of sustainable and ethically sourced products is influencing the preferences of increasingly environmentally conscious consumers.

Dominant Markets & Segments in Asia-Pacific Lingerie Market
The Asia-Pacific lingerie market is highly diverse, with varying levels of dominance across different segments and countries.
- By Country: China and Japan are the leading markets, driven by high consumption levels and strong brand presence. India shows significant growth potential due to its expanding middle class and young population. Australia represents a mature but stable market.
- China: Key drivers include high consumer spending, established retail infrastructure, and a strong preference for fashionable lingerie.
- Japan: Known for its sophisticated market with a focus on quality and innovation, driven by established brands and a culture of high fashion.
- India: Rapid economic growth, a large female population, and growing brand awareness create high growth potential.
- Australia: This mature market boasts high levels of disposable income but faces challenges with competition from global brands.
- By Product Type: Brassieres constitute the largest segment, reflecting a consistent demand for foundational lingerie pieces. The "Other Product Types" segment is expected to witness faster growth given the increased focus on specialty items and body-positive lingerie options.
- By Distribution Channel: Online retail stores are showing rapid growth, driven by increased internet penetration and the convenience of online shopping. Specialty stores remain a significant segment for premium and specialized lingerie.
Asia-Pacific Lingerie Market Product Developments
Recent years have witnessed significant innovations in lingerie design and technology. The incorporation of sustainable materials like organic cotton and recycled fabrics caters to environmentally conscious consumers. Technological advancements, such as the use of smart fabrics for improved comfort and functionality, are improving product appeal. Moreover, personalized fitting technology and the emergence of body-positive brands offer options for diverse body types and preferences, leading to increased market reach. The focus is shifting towards comfort, performance, and health-conscious innovations.
Report Scope & Segmentation Analysis
This report offers a comprehensive analysis of the Asia-Pacific lingerie market, segmented by product type (brassieres, briefs, other product types), distribution channel (supermarkets/hypermarkets, specialty stores, online retail stores, other distribution channels), and country (China, Japan, India, Australia, Rest of Asia-Pacific). Each segment's growth projection, market size, and competitive dynamics are detailed. For instance, the brassiere segment is projected to account for xx Million in 2025, exhibiting a CAGR of xx% during the forecast period. Online retail channels are expected to experience the fastest growth due to increased digital adoption and penetration. China is currently the largest national market, but India's growth potential is substantial.
Key Drivers of Asia-Pacific Lingerie Market Growth
The Asia-Pacific lingerie market's growth is propelled by several factors. Rising disposable incomes, particularly in emerging economies, fuel increased consumer spending on apparel. Changing lifestyles and increased awareness of body positivity are driving demand for diverse and comfortable lingerie. The expansion of e-commerce provides increased accessibility and convenience for consumers, while technological advancements in fabric technology and design are enhancing product quality and variety. Government initiatives promoting local textile industries further contribute to market growth.
Challenges in the Asia-Pacific Lingerie Market Sector
The Asia-Pacific lingerie market faces several challenges. Stringent regulatory frameworks and fluctuating raw material prices affect production costs and profitability. Intense competition from both global and local brands necessitates continuous innovation and differentiation. Supply chain disruptions, especially post-pandemic, have impacted production and distribution, affecting market stability. Lastly, counterfeit products undermine brand integrity and decrease the market's overall revenue.
Emerging Opportunities in Asia-Pacific Lingerie Market
Emerging opportunities exist within the Asia-Pacific lingerie market. The rise of sustainable and ethically sourced lingerie presents a significant opportunity for environmentally conscious brands. Increasing demand for personalized fitting solutions and body-positive products caters to the growing preference for inclusive and empowering options. Further expansion into rural markets, particularly in India and Southeast Asia, holds substantial growth potential. Leveraging digital channels for targeted marketing and brand building also offers significant untapped opportunities.
Leading Players in the Asia-Pacific Lingerie Market Market
- Hop Lun (Hong Kong) Limited
- Hanesbrands Inc (Hanesbrands Inc)
- Aimer Group
- Triumph International (Triumph International)
- Jockey International Inc (Jockey International Inc)
- Victoria's Secret & Co (Victoria's Secret & Co)
- MAS Holdings
- Wacoal Holdings corp (Wacoal Holdings corp)
- Berkshire Hathaway
- Zivame
Key Developments in Asia-Pacific Lingerie Market Industry
- May 2022: American Eagle Outfitters expands its retail presence in India, planning 50 new stores in three years. This signals increased interest from international players in the rapidly growing Indian market.
- April 2022: Wacoal launches its new Spring/Summer collection, strengthening its market position through innovation and design.
- February 2022: Caely Holdings Bhd announces a joint venture in Indonesia to increase production capacity, demonstrating the industry's growth and expansion ambitions.
Strategic Outlook for Asia-Pacific Lingerie Market Market
The Asia-Pacific lingerie market presents a significant growth opportunity for both established players and new entrants. Continued innovation in product design, technology, and sustainability, coupled with effective digital marketing strategies and expansion into untapped markets, will be crucial for success. The increasing preference for comfort, inclusivity, and personalization creates a dynamic market ripe for brands willing to adapt and innovate. The market is set for considerable expansion in the coming years, offering promising potential for substantial returns.
Asia-Pacific Lingerie Market Segmentation
-
1. Product Type
- 1.1. Brassiere
- 1.2. Briefs
- 1.3. Other Product Types
-
2. Distribution Channel
- 2.1. Supermarkets/Hypermarkets
- 2.2. Specialty Stores
- 2.3. Online Retail Stores
- 2.4. Other Distribution Channels
Asia-Pacific Lingerie Market Segmentation By Geography
-
1. Asia Pacific
- 1.1. China
- 1.2. Japan
- 1.3. South Korea
- 1.4. India
- 1.5. Australia
- 1.6. New Zealand
- 1.7. Indonesia
- 1.8. Malaysia
- 1.9. Singapore
- 1.10. Thailand
- 1.11. Vietnam
- 1.12. Philippines

Asia-Pacific Lingerie Market REPORT HIGHLIGHTS
Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 9.90% from 2019-2033 |
Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Demand for Smartwatches; Popularity of Luxury Watches
- 3.3. Market Restrains
- 3.3.1. Presence of Fake Brands in the Market
- 3.4. Market Trends
- 3.4.1. Inclination Towards Healthy Lifestyle Trends and Athleisure
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Asia-Pacific Lingerie Market Analysis, Insights and Forecast, 2019-2031
- 5.1. Market Analysis, Insights and Forecast - by Product Type
- 5.1.1. Brassiere
- 5.1.2. Briefs
- 5.1.3. Other Product Types
- 5.2. Market Analysis, Insights and Forecast - by Distribution Channel
- 5.2.1. Supermarkets/Hypermarkets
- 5.2.2. Specialty Stores
- 5.2.3. Online Retail Stores
- 5.2.4. Other Distribution Channels
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. Asia Pacific
- 5.1. Market Analysis, Insights and Forecast - by Product Type
- 6. China Asia-Pacific Lingerie Market Analysis, Insights and Forecast, 2019-2031
- 7. Japan Asia-Pacific Lingerie Market Analysis, Insights and Forecast, 2019-2031
- 8. India Asia-Pacific Lingerie Market Analysis, Insights and Forecast, 2019-2031
- 9. South Korea Asia-Pacific Lingerie Market Analysis, Insights and Forecast, 2019-2031
- 10. Taiwan Asia-Pacific Lingerie Market Analysis, Insights and Forecast, 2019-2031
- 11. Australia Asia-Pacific Lingerie Market Analysis, Insights and Forecast, 2019-2031
- 12. Rest of Asia-Pacific Asia-Pacific Lingerie Market Analysis, Insights and Forecast, 2019-2031
- 13. Competitive Analysis
- 13.1. Market Share Analysis 2024
- 13.2. Company Profiles
- 13.2.1 Hop Lun (Hong Kong) Limited
- 13.2.1.1. Overview
- 13.2.1.2. Products
- 13.2.1.3. SWOT Analysis
- 13.2.1.4. Recent Developments
- 13.2.1.5. Financials (Based on Availability)
- 13.2.2 Hanesbrands Inc
- 13.2.2.1. Overview
- 13.2.2.2. Products
- 13.2.2.3. SWOT Analysis
- 13.2.2.4. Recent Developments
- 13.2.2.5. Financials (Based on Availability)
- 13.2.3 Aimer Group
- 13.2.3.1. Overview
- 13.2.3.2. Products
- 13.2.3.3. SWOT Analysis
- 13.2.3.4. Recent Developments
- 13.2.3.5. Financials (Based on Availability)
- 13.2.4 Triumph International
- 13.2.4.1. Overview
- 13.2.4.2. Products
- 13.2.4.3. SWOT Analysis
- 13.2.4.4. Recent Developments
- 13.2.4.5. Financials (Based on Availability)
- 13.2.5 Jockey International Inc
- 13.2.5.1. Overview
- 13.2.5.2. Products
- 13.2.5.3. SWOT Analysis
- 13.2.5.4. Recent Developments
- 13.2.5.5. Financials (Based on Availability)
- 13.2.6 Victoria's Secret & Co
- 13.2.6.1. Overview
- 13.2.6.2. Products
- 13.2.6.3. SWOT Analysis
- 13.2.6.4. Recent Developments
- 13.2.6.5. Financials (Based on Availability)
- 13.2.7 MAS Holdings
- 13.2.7.1. Overview
- 13.2.7.2. Products
- 13.2.7.3. SWOT Analysis
- 13.2.7.4. Recent Developments
- 13.2.7.5. Financials (Based on Availability)
- 13.2.8 Wacoal Holdings corp *List Not Exhaustive
- 13.2.8.1. Overview
- 13.2.8.2. Products
- 13.2.8.3. SWOT Analysis
- 13.2.8.4. Recent Developments
- 13.2.8.5. Financials (Based on Availability)
- 13.2.9 Berkshire Hathaway
- 13.2.9.1. Overview
- 13.2.9.2. Products
- 13.2.9.3. SWOT Analysis
- 13.2.9.4. Recent Developments
- 13.2.9.5. Financials (Based on Availability)
- 13.2.10 Zivame
- 13.2.10.1. Overview
- 13.2.10.2. Products
- 13.2.10.3. SWOT Analysis
- 13.2.10.4. Recent Developments
- 13.2.10.5. Financials (Based on Availability)
- 13.2.1 Hop Lun (Hong Kong) Limited
List of Figures
- Figure 1: Asia-Pacific Lingerie Market Revenue Breakdown (Million, %) by Product 2024 & 2032
- Figure 2: Asia-Pacific Lingerie Market Share (%) by Company 2024
List of Tables
- Table 1: Asia-Pacific Lingerie Market Revenue Million Forecast, by Region 2019 & 2032
- Table 2: Asia-Pacific Lingerie Market Volume K Units Forecast, by Region 2019 & 2032
- Table 3: Asia-Pacific Lingerie Market Revenue Million Forecast, by Product Type 2019 & 2032
- Table 4: Asia-Pacific Lingerie Market Volume K Units Forecast, by Product Type 2019 & 2032
- Table 5: Asia-Pacific Lingerie Market Revenue Million Forecast, by Distribution Channel 2019 & 2032
- Table 6: Asia-Pacific Lingerie Market Volume K Units Forecast, by Distribution Channel 2019 & 2032
- Table 7: Asia-Pacific Lingerie Market Revenue Million Forecast, by Region 2019 & 2032
- Table 8: Asia-Pacific Lingerie Market Volume K Units Forecast, by Region 2019 & 2032
- Table 9: Asia-Pacific Lingerie Market Revenue Million Forecast, by Country 2019 & 2032
- Table 10: Asia-Pacific Lingerie Market Volume K Units Forecast, by Country 2019 & 2032
- Table 11: China Asia-Pacific Lingerie Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 12: China Asia-Pacific Lingerie Market Volume (K Units ) Forecast, by Application 2019 & 2032
- Table 13: Japan Asia-Pacific Lingerie Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 14: Japan Asia-Pacific Lingerie Market Volume (K Units ) Forecast, by Application 2019 & 2032
- Table 15: India Asia-Pacific Lingerie Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 16: India Asia-Pacific Lingerie Market Volume (K Units ) Forecast, by Application 2019 & 2032
- Table 17: South Korea Asia-Pacific Lingerie Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 18: South Korea Asia-Pacific Lingerie Market Volume (K Units ) Forecast, by Application 2019 & 2032
- Table 19: Taiwan Asia-Pacific Lingerie Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 20: Taiwan Asia-Pacific Lingerie Market Volume (K Units ) Forecast, by Application 2019 & 2032
- Table 21: Australia Asia-Pacific Lingerie Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 22: Australia Asia-Pacific Lingerie Market Volume (K Units ) Forecast, by Application 2019 & 2032
- Table 23: Rest of Asia-Pacific Asia-Pacific Lingerie Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 24: Rest of Asia-Pacific Asia-Pacific Lingerie Market Volume (K Units ) Forecast, by Application 2019 & 2032
- Table 25: Asia-Pacific Lingerie Market Revenue Million Forecast, by Product Type 2019 & 2032
- Table 26: Asia-Pacific Lingerie Market Volume K Units Forecast, by Product Type 2019 & 2032
- Table 27: Asia-Pacific Lingerie Market Revenue Million Forecast, by Distribution Channel 2019 & 2032
- Table 28: Asia-Pacific Lingerie Market Volume K Units Forecast, by Distribution Channel 2019 & 2032
- Table 29: Asia-Pacific Lingerie Market Revenue Million Forecast, by Country 2019 & 2032
- Table 30: Asia-Pacific Lingerie Market Volume K Units Forecast, by Country 2019 & 2032
- Table 31: China Asia-Pacific Lingerie Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 32: China Asia-Pacific Lingerie Market Volume (K Units ) Forecast, by Application 2019 & 2032
- Table 33: Japan Asia-Pacific Lingerie Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 34: Japan Asia-Pacific Lingerie Market Volume (K Units ) Forecast, by Application 2019 & 2032
- Table 35: South Korea Asia-Pacific Lingerie Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 36: South Korea Asia-Pacific Lingerie Market Volume (K Units ) Forecast, by Application 2019 & 2032
- Table 37: India Asia-Pacific Lingerie Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 38: India Asia-Pacific Lingerie Market Volume (K Units ) Forecast, by Application 2019 & 2032
- Table 39: Australia Asia-Pacific Lingerie Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 40: Australia Asia-Pacific Lingerie Market Volume (K Units ) Forecast, by Application 2019 & 2032
- Table 41: New Zealand Asia-Pacific Lingerie Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 42: New Zealand Asia-Pacific Lingerie Market Volume (K Units ) Forecast, by Application 2019 & 2032
- Table 43: Indonesia Asia-Pacific Lingerie Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 44: Indonesia Asia-Pacific Lingerie Market Volume (K Units ) Forecast, by Application 2019 & 2032
- Table 45: Malaysia Asia-Pacific Lingerie Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 46: Malaysia Asia-Pacific Lingerie Market Volume (K Units ) Forecast, by Application 2019 & 2032
- Table 47: Singapore Asia-Pacific Lingerie Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 48: Singapore Asia-Pacific Lingerie Market Volume (K Units ) Forecast, by Application 2019 & 2032
- Table 49: Thailand Asia-Pacific Lingerie Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 50: Thailand Asia-Pacific Lingerie Market Volume (K Units ) Forecast, by Application 2019 & 2032
- Table 51: Vietnam Asia-Pacific Lingerie Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 52: Vietnam Asia-Pacific Lingerie Market Volume (K Units ) Forecast, by Application 2019 & 2032
- Table 53: Philippines Asia-Pacific Lingerie Market Revenue (Million) Forecast, by Application 2019 & 2032
- Table 54: Philippines Asia-Pacific Lingerie Market Volume (K Units ) Forecast, by Application 2019 & 2032
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Asia-Pacific Lingerie Market?
The projected CAGR is approximately 9.90%.
2. Which companies are prominent players in the Asia-Pacific Lingerie Market?
Key companies in the market include Hop Lun (Hong Kong) Limited, Hanesbrands Inc, Aimer Group, Triumph International, Jockey International Inc, Victoria's Secret & Co, MAS Holdings, Wacoal Holdings corp *List Not Exhaustive, Berkshire Hathaway, Zivame.
3. What are the main segments of the Asia-Pacific Lingerie Market?
The market segments include Product Type, Distribution Channel.
4. Can you provide details about the market size?
The market size is estimated to be USD XX Million as of 2022.
5. What are some drivers contributing to market growth?
Demand for Smartwatches; Popularity of Luxury Watches.
6. What are the notable trends driving market growth?
Inclination Towards Healthy Lifestyle Trends and Athleisure.
7. Are there any restraints impacting market growth?
Presence of Fake Brands in the Market.
8. Can you provide examples of recent developments in the market?
In May 2022, American Eagle Outfitters, Inc. announced the expansion of its retail presence in India through franchisees. The company aims to add another 50 stores in India over the next three years.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 4950, and USD 6800 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in Million and volume, measured in K Units .
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Asia-Pacific Lingerie Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Asia-Pacific Lingerie Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Asia-Pacific Lingerie Market?
To stay informed about further developments, trends, and reports in the Asia-Pacific Lingerie Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database



Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations

Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence