According to a new market research report published by Global Insight Services “ Mens Underwear Market is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
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Global Mens Underwear Market was at more than $11bn in 2021 and is expected to grow at more than 5.5% over next 10 years.The most popular type of mens underwear is boxer briefs. These provide good coverage and support, while still being comfortable to wear. Boxer briefs are available in a variety of materials, including cotton, polyester, and spandex.
Top Key Players in Mens Underwear market: Calvin Klein, Hanes, Jockey, Fruit of the Loom, Uniqlo, Gap, Old Navy
Key Trends
Performance-based underwear: More and more men are looking for underwear that can meet their specific needs, whether it be for sport, work or everyday wear. As a result, there has been a surge in the popularity of performance-based underwear, which is designed to offer support, comfort and breathability.
Key Drivers
Some of the key drivers of the mens underwear market are comfort, style, and functionality. Underwear is one of the most personal items of clothing that a man can wear, and as such, it is important that it is comfortable. Many men also prefer underwear that is stylish and that provides them with the functionality they need. For example, many men prefer boxer briefs that offer support and that stay in place during physical activity.
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Market Segments
By Type
Briefs
Boxer Briefs
Trunks
Boxers
Reasons to buy Mens Underwear Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
About Global Insight Services:
Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.
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