Global Men’s Underwear Market - Market Size, Share & Industry Trends, Growth Analysis Report by Product Type, By Consumption and Forecast 2021 – 2031
Global Men’s Underwear Market by Type (Trunks, Boxers, Briefs, Boxer Brief), Fabric (Polyester, Cotton, Nylon, Modal), and Regions, The Asia Pacific, Middle East Africa, Europe, North America, and Latin America) - Global Industry Analysis, Share, Growth, Trends, Size, and Forecast 2021 – 2031
The Men’s Underwear market size was valued at USD 11.89 billion in 2021 and is expected to surpass USD 61.3 billion by 2031, expanding at a CAGR of 7.4 % during the forecast period, 2021–2031. The market's growth is attributed to personal hygiene, health, best fit, and a growing population.
INTRODUCTION
Men have different types of underwear to maintain personal hygiene & health. There are different types of underwear such as briefs, boxer briefs, trunks, boxers, and others. Briefs are commonly used underwear, boxer underwear is best for breathability, they are on the loose-fitting side, trunks are popular wear among men, and boxer briefs are the combination of boxers and briefs. Increasing awareness regarding health, fitness, and personal hygiene is influencing men to spend on good quality underwear. The promotional campaigns and endorsement by celebrities have risen the sale of the product. The increasing disposable income, changing lifestyle, improving standards, and preferences as per need are expected to propel the market.
Market Trends, Drivers, Restraints, and Opportunities
Scope of the Report
Attributes |
Details |
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Report Title | Men’s Underwear Market - Global Industry Analysis, Share, Growth, Trends, Size, and Forecast |
Base Year | 2021 |
Historic Data | 2020–2021 |
Forecast Period | 2021–2031 |
Segmentation | Type (Trunks, Boxers, Briefs, Boxer Brief), Fabric (Polyester, Cotton, Nylon, Modal) |
Regional Scope | The Asia Pacific, Middle East Africa, Europe, North America, and Latin America |
Report Coverage | Market Analysis Company Share & Size, Growth Factors, Trends, Competitive Landscape, Trends, and Revenue Forecast |
Key Players Covered in the Report | Phillips-Van Heusen Corporation (U.S.); Jockey International (U.S.); Iconix Brand Group Inc. (U.S.); Levi Strauss & Co. (U.S.); Hanesbrands Inc. (U.S.); Ralph Lauren Corporation (U.S.); Playboy (U.S.) |
Market Segment Insights
The boxer brief segment is projected to register a considerable CAGR of 36.0%
Based on type, the Men’s Underwear market is divided into trunks, boxers, briefs, and boxer briefs. The boxer brief segment is expected to expand at a rapid pace during the forecast period by 36.0%. The growth of the segment is attributed to the factors such as better fit, comfort, and support offered by the product. However, the trunk segment is anticipated to hold a key share of the market in the coming years owing to its versatile nature, suitable for everyday wear.
The cotton segment is expected to expand at a rapid pace
Based on fabric, the Men’s Underwear market is divided into polyester, cotton, nylon, and modal. The cotton segment is expected to expand at a rapid pace during the forecast period. The segment is driven by its properties that make the product soft, breathable, lightweight, more durable, and resistant to moisture. However, the modal segment is anticipated to hold a key share of the market in the coming years. It is the softest fabric and is more absorbent than cotton.
Asia Pacific constitutes a key market share
In terms of regions, the Men’s Underwear market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of Asia Pacific is expected to constitute a key share of the market during the projected period due to the high male population in the region. However, the market of North America and Europe is anticipated to expand at a rapid pace during the forecast period as driven by the presence of prominent players and high demand for different fabrics, patterns, and designs.
Competitive Landscape
Key players competing in the Men’s Underwear market are Phillips-Van Heusen Corporation (U.S.); Jockey International (U.S.); Iconix Brand Group Inc. (U.S.); Levi Strauss & Co. (U.S.); Hanesbrands Inc. (U.S.); Ralph Lauren Corporation (U.S.); Playboy (U.S.).
FAQs
How much is the market worth?
The Men’s Underwear market size was valued at USD 11.89 billion in 2021 and is expected to surpass USD 61.3 billion by 2031.
During the forecast period, what is the CAGR of the market?
During the forecast period, the CAGR of the market is expected to be 7.4%.
What are the key drivers of the market?
The market's growth is attributed to personal hygiene, health, best fit, and a growing population.
What segments are covered in the Men’s Underwear report?
The segments covered in the report are type (trunks, boxers, briefs, boxer brief), and fabric (polyester, cotton, nylon, modal).
Mention which region is expected to hold the highest share of the Men’s Underwear market.
The Asia Pacific region is expected to hold the highest share of the Men’s Underwear market.
Which segment holds the largest market share in Men’s Underwear by 2031?
The boxer brief segment holds the largest market share in Men’s Underwear by 2031.
Mention the key players in the market.
Phillips-Van Heusen Corporation (U.S.); Jockey International (U.S.); Iconix Brand Group Inc. (U.S.); Levi Strauss & Co. (U.S.); Hanesbrands Inc. (U.S.); Ralph Lauren Corporation (U.S.); Playboy (U.S.)
1 INTRODUCTION TO GLOBAL MEN’S UNDERWEAR MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF WISH TREE INSIGHTS
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL MEN’S UNDERWEAR MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Value Chain Analysis
5 GLOBAL MEN’S UNDERWEAR MARKET, BY TYPE
5.1 Overview
5.2 Trunks
5.3 Boxers
5.4 Briefs
5.5 Boxer Brief
6 GLOBAL MEN’S UNDERWEAR MARKET, FABRIC
6.1 Overview
6.2 Polyester
6.3 Cotton
6.4 Nylon
6.5 Modal
7 GLOBAL MEN’S UNDERWEAR MARKET, BY GEOGRAPHY
7.1 Overview
7.2 North America
7.2.1 U.S.
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 U.K.
7.3.3 France
7.3.4 Rest of Europe
7.4 Asia Pacific
7.4.1 China
7.4.2 Japan
7.4.3 India
7.4.4 Rest of Asia Pacific
7.5 Rest of the World
7.5.1 Latin America
7.5.2 The Middle East & Africa
8 GLOBAL MEN’S UNDERWEAR MARKET COMPETITIVE LANDSCAPE
8.1 Overview
8.2 Company Market Ranking
8.3 Key Development Strategies
9 COMPANY PROFILES
9.1 Phillips-Van Heusen Corporation (U.S.)
9.1.1 Overview
9.1.2 Financial Performance
9.1.3 Product Outlook
9.1.4 Key Developments
9.2 Jockey International (U.S.)
9.2.1 Overview
9.2.2 Financial Performance
9.2.3 Product Outlook
9.2.4 Key Developments
9.3 Iconix Brand Group Inc. (U.S.)
9.3.1 Overview
9.3.2 Financial Performance
9.3.3 Product Outlook
9.3.4 Key Developments
9.4 Levi Strauss & Co. (U.S.)
9.4.1 Overview
9.4.2 Financial Performance
9.4.3 Product Outlook
9.4.4 Key Developments
9.5 Hanesbrands Inc. (U.S.)
9.5.1 Overview
9.5.2 Financial Performance
9.5.3 Product Outlook
9.5.4 Key Developments
9.6 Ralph Lauren Corporation (U.S.)
9.6.1 Overview
9.6.2 Financial Performance
9.6.3 Product Outlook
9.6.4 Key Developments
9.7 Playboy (U.S.)
9.7.1 Overview
9.7.2 Financial Performance
9.7.3 Product Outlook
9.7.3 Product Outlook
10 Appendix
10.1 Related Research
Segments Covered in the Report
Type
Fabric
Regions
Key Players
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