Global Underwear Market : Segments, Dynamics, Size and Forecast to 2020

Global Underwear Market : Segments, Dynamics, Size

and Forecast to 2020

Persistence Market Research

Global Underwear Market is expected to

grow US$ 11 Bn by 2020 - Persistence

Market Research

Persistence Market Research

1

Global Underwear Market : Segments, Dynamics, Size

and Forecast to 2020

Persistence Market Research Released New Market Report “Global Underwear Market :

Segments, Dynamics, Size and Forecast to 2020”, the men's underwear market is projected to

account for US$ 8,420.8 Mn by the end of 2015 at a CAGR of 5.8% from 2015 to 2020, to reach

US$ 11 Bn by 2020.

There are generally two types of men's undergarments; one type covers the torso and the other covers

the waist and legs. For undershirt, we include vest, sleeved vest and muscle vest. For briefs, we include

regular briefs, trunk and boxer shorts. Long underwear is preferred to offer extra warmth to wearers

during winters.

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Growing disposable income, preference for branded underwear that offer better fit and comfort are major

factors fuelling demand for premium underwear, thereby driving the growth of the men's underwear

market. However, a high degree of competition and unorganised market in developing countries are major

factors hampering the growth of the overall men's underwear market. The men's underwear market is

anticipated to expand at a CAGR of 5.8 % from 2015 to 2020, to reach US$ 11,167.6 Mn by 2020.

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By region, BRIC dominated the market with over 35% market share and is expected to remain dominant

throughout the forecast period. Europe was the second dominant region with 17.4% share in 2014. The

men's underwear market in Europe and North America is expected to expand at CAGRs of 5.1% and

3.9% respectively...