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.
City of Industry, CA -- (SBWIRE) -- 08/09/2018 -- 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.
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.
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.
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The major players in global Men's Underwear market include
Fruit of the Loom
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth rate of Men's Underwear in these regions, from 2013 to 2025 (forecast), covering
On the basis of product, the Men's Underwear market is primarily split into
On the basis on the end users/applications, this report covers
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