Global men's underwear market has been witnessing steady growth in the past few years that is after 2020, owing to changing consumer preferences and rising expenditure on intimate apparel. Factors such as growing fashion consciousness among males, increasing focus on fitness and well-being, and the rising influence of celebrity endorsements and social media trends have encouraged men to experiment with their choice of underwear. Moreover, many underwear brands are adopting novel designs, fabrics, and styles to attract newer customer segments. Various types of men's underwear including briefs, trunks, boxer shorts, and long underwear are available across modern retail formats as well as online platforms. Extended product lines, aggressive marketing campaigns, and easy availability through online retail platforms have further strengthened sales channels. The men's underwear market is expected to grow further in the near future due to robust marketing campaigns that are aimed at normalizing the purchase of premium intimate wear for everyday use.
Market Dynamics:
Global men's underwear market growth is driven by factors such as increasing affordability, exposure to global fashion trends, proliferation of online retail, and aggressive marketing by leading brands. However, the market faces restraints from counterfeit products and fluctuating raw material prices. Younger consumers actively follow western fashion consciousness which creates huge opportunities for premium and designer brands. Market players can leverage the growing athleisure trend by launching specialized underwear for fitness activities and sports. Similarly, the rising demand for sustainable and eco-friendly materials presents an attractive arena for innovation and new product development. Strategic mergers, acquisitions, and partnerships allow companies to consolidate market position while expanding their global footprint.
Key features of the study:
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