Men's Underwear Market Emerging Technologies, Growth and Forecast By 2032

Changing fashion trends, rising disposable income, and rising consumer awareness of cleanliness and health issues are some of the main drivers of market revenue growth.

The global men's underwear market size was USD 9.9 Billion in 2022 and is expected to register a revenue CAGR of 5.3% over the forecast period, according to the latest report by Reports and Data.

Manufacturers focus on providing comfortable, attractive, and high-quality pants to respond to male consumers' changing fashion and lifestyle choices.

One of the primary variables affecting market revenue growth is the increased demand for premium and upscale men's pants. Due to increased disposable money, male consumers are willing to pay more for upmarket pants brands that provide greater comfort, quality, and style. The trend is especially common among millennials, who are increasingly looking for attractive and contemporary pants options.

The demand for men's trousers featuring antimicrobial and moisture-wicking properties is witnessing an upsurge as cleanliness and health concerns take center stage. Customers are actively seeking undergarments that can effectively hinder the proliferation of bacteria and reduce the risk of illnesses. The market's appetite for such items is projected to grow even further, driven by the heightened awareness of the significance of maintaining optimal hygiene.

To get a sample copy of the report, click on @  https://www.reportsanddata.com/sample-enquiry-form/6752

Top Profiled Companies in the Global Men’s Underwear Market Report:

  • Calvin Klein Inc.
  • Hanesbrands Inc.
  • Fruit of the Loom Inc.
  • Jockey International Inc.
  • Under Armour Inc.
  • Adidas AG
  • Nike Inc.
  • Puma SE
  • Tommy Hilfiger Licensing LLC
  • Ralph Lauren Corporation

Some Key Highlights from the Report

  • In 2021, the dominant segment in terms of revenue was the briefs category. Briefs are the most prevalent style of men's pants, renowned for their comfort and support. They are designed to provide a snug fit around the waist and full coverage for the genitals. Increased awareness of personal hygiene and health concerns have driven strong demand in the market. The availability of various brief styles, such as low-rise, high-rise, pouch front, and others, has attracted more customers to this segment.
  • Cotton played a significant role in generating revenue in 2021. Cotton is the preferred material for men's pants due to its natural softness, breathability, and moisture-wicking properties. The demand for cotton pants has been propelled by growing health consciousness and an understanding of personal hygiene. Additionally, the availability of various types of cotton pants, including trunks, boxers, and briefs, has drawn many buyers to this category.
  • In 2021, the Asia Pacific region held the highest market share in the global men's underwear industry. This region is home to several expanding economies, such as China, India, and Indonesia, where populations are growing, disposable incomes are increasing, and urbanization is on the rise. Consequently, there is expected to be a rise in demand for men's underwear in this region. Furthermore, the booming e-commerce industry in the region has boosted sales of men's underwear, as online platforms offer a wide range of products at competitive prices. The region's cost-effective production has led to the emergence of multiple local players offering affordable, high-quality men's underwear products. This intense competition among competitors is anticipated to further drive market revenue growth in Asia.

Key Regional Markets Covered in the Report:

  • North America (U.S.A., Canada, Mexico)
  • Europe (Italy, U.K., Germany, France, Rest of Europe)
  • Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
  • Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

 

Click here to know more about the report @ https://www.reportsanddata.com/report-detail/mens-underwear-market

Further market segmentation

Product Type Outlook (Revenue, USD Billion; 2022 - 2032)

  • Boxers
  • Briefs
  • Trunks
  • Boxer Briefs
  • Others

Material Outlook (Revenue, USD Billion; 2022 - 2032)

  • Cotton
  • Nylon
  • Polyester
  • Silk
  • Others

Distribution Channel Outlook (Revenue, USD Billion; 2022 - 2032)

  • Online
  • Offline

Key Takeaways of the Global Men’s Underwear Market Report:

  • A comprehensive overview of the global Men’s Underwear industry.
  • Accurate market projections in terms of market size, share, and volume.
  • Thorough study of the global market dynamics, such as major market revenue growth drivers, opportunities, threats, challenges, restraints, and future growth avenues.
  • Deep-dive analysis of the upcoming market trends.
  • Qualitative and quantitative analyses of the global Men’s Underwear market.
  • Elaborate study of the leading regional markets in the global Men’s Underwear market.
  • Complete overview of the market’s competitive landscape.
  • Brief look at the company profiles and portfolios.

Request customization of the report @ https://www.reportsanddata.com/request-customization-form/6752

Thanks for reading our report. Please connect with us in case you require further details on the report or its customization. Our market research team will ensure the report is well-suited to your needs.

Browse More Related Links

Galacto oligosaccharides (GOS) Market:https://www.reportsanddata.com/report-detail/galacto-oligosaccharide-gos-market

Soy Protein Ingredients Market:https://www.reportsanddata.com/report-detail/soy-protein-ingredients-market

Food Processing Seals Market:https://www.reportsanddata.com/report-detail/food-processing-seals-market

Food Enzymes Market:https://www.reportsanddata.com/report-detail/food-enzymes-market

Grain Analyzer Market:https://www.reportsanddata.com/report-detail/grain-analysis-market

About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

Contact Us:

John W

(Head of Business Development)

Reports and Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: sales@reportsanddata.com

Blogs | Press Release | Industry News | Our competencies

Browse More Upcoming Reports @ https://www.reportsanddata.com/upcoming-reports

Browse More Latest Reports @ https://www.reportsanddata.com/report


oliversmith

12 Blog posts

Comments