Los Angeles, CA -- (SBWire) -- 12/21/2018 --Undergarments are items of clothing worn beneath outer clothes, usually in direct contact with the skin, although they may comprise more than a single layer. They serve to keep outer garments from being soiled or damaged by bodily excretions, to lessen the friction of outerwear against the skin, to shape the body, and to provide concealment or support for parts of it.
In the last several years, global market of men's underwear developed rapidly, with an average growth rate of 8.37%. In 2017, global revenue of men's underwear is nearly 9.27 billion USD; the actual Sales is about 4.36 billion USD.
Growing disposable income, preference for branded underwear that offers better fit and comfort are major factors fuelling demand for premium underwear, thereby driving the growth of the men's underwear market. The market size is expected to be 16.09 billion USD in 2025, with CAGR of 7.14%, from 2017 to 2025.
Based on the product type, the boxer segment held dominant position in 2017 and is expected to retain its dominance during the forecast period. A number of manufacturers are launching new products in the boxer segment in order to strengthen their position in the men's underwear market.
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This report studies the Men's Underwear market status and outlook of global and major regions, from angles of manufacturers, regions, product types and end industries; this report analyzes the top manufacturers in global and major regions, and splits the Men's Underwear market by product type and applications/end industries.
Asia Pacific is the largest consumption place, with a consumption market share nearly 46% in 2017. Following Asai-Pacific, Europe is the second largest consumption place with the consumption market share of 22.33%. With huge population base, developing regions like Asia Pacific will also enjoy a faster growth rate in the forecast period.
The major players in global Men's Underwear market include
Fruit of the Loom
Hanesbrands
PVH
Fast Retailing
Jockey International
American Eagle
ThreeGun
Septwolves
Gunze
Aimer
Calida
Cosmo-lady
Iconix
Nanjiren
HUGO BOSS
Wacoal
Triumph
Dolce&Gabbana
On the basis of product, the Men's Underwear market is primarily split into
Briefs
Trunk
Boxers
Thongs
On the basis on the end users/applications, this report covers
Supermarket
Specialty Stores
E-commerce
Others
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Global Men's Underwear Market: Key Manufacturers: (Fruit of the Loom, Hanesbrands, PVH, Fast Retailing, Jockey International) Is Projected to Lead the Market over the Fo
Men’s Underwear Market Report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry, by summing up the previous growth patterns, the growth drivers and the current and future trends.