Men’s Underwear Market- Global Analysis, Size, Share, Growth, Trends And Forecast, 2020 - 2027
Men's Underwear Market |
Underwear is often described as garments worn near to the skin below outerwear. Underwear is often constructed of cloth that covers and comforts the inside body parts. Underwear helps to keep outerwear like pants, bottoms, and trousers clean. This aids in avoiding biological excretions from damaging clothing, reducing friction on the skin, and shaping the body. Sweat is absorbed by underwear, which helps to avoid discomfort and rashes. Some underwear is composed of sweat-wicking fabric, which absorbs perspiration and allows it to escape quickly, preventing yeast infection.
The Men's Underwear Market Size is predicted to rise due to the increasing penetration of organised retail throughout the world. The market for men's underwear is predicted to rise due to rising disposable income and an increasing metrosexual male population who are spending more on trendy items. Men's underwear market development is predicted to be aided by rising demand for underwear as a necessity and for comfort reasons.
Males's underwear is expected to expand faster than women's underwear due to increased awareness of personal hygiene among men. Additionally, over the forecast period, an expanding male youthful population who are increasingly involved in physical activities and like to wear functional underwear while exercise and other forms of sports activities is expected to fuel market expansion. Furthermore, rising public awareness of the health risks connected with long-term underwear usage is likely to boost market growth.
Market Segmentation:
Types
- Briefs
- Boxer Brief
- Trunks
- Boxers
Fabric Types
- Cotton
- Polyester
- Modal
- Nylon
Distribution Channels
- Online
- Supermarkets
- Hypermarkets
- Specialty Stores
Increased levels of obesity, increased awareness of health, optimum fit, and personal cleanliness, and the rise in the millennial population are all predicted to promote the growth of the men's underwear market throughout the forecast period. Furthermore, the increased availability of a diverse range of products and designs suitable for a variety of purposes such as sports, everyday wear, and functional, as well as rising disposable income and concerns about the fabric used to manufacture underwear, are all factors driving the growth of the men's underwear market.
The key players are operating in the global men’s underwear market are Hanesbrands Inc., Phillips-Van Heusen Corporation, Ralph Lauren Corporation, Jockey International Inc., American eagle outfitters Inc., Iconix Brand Group Inc., J.C. Penney Corporation, Inc., and Berkshire Hathaway Inc.
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