The Men’s Underwear Market View:
The Men’s Underwear market is expected to register a CAGR of 5.56% over the forecast period (2017 to 2025) to reach US$ 12.41 Bn by 2025, underwear provides a stable shape to the body and acts as a barrier avoiding contact between the body and the external clothing. Apart from this underwear helps in the prevention of conditions such as sweating which could result in yeast infection? Underwear is available in a variety of colors, shapes, types and designs, according to the requirement of an individual.
• The men’s underwear market is driven by increasing hygienic and grooming practices such as the use of fresh underwear every day, which are being followed by men.
• Apart from this, the introduction of new products in the market as a result of changing fashion trends is another major driving factor for the development of the world globally.
However, use of conventional underwear such as Loincloth and Kaupinam especially in the emerging economies is expected to hamper the growth of the men’s underwear market globally. Using super-tight underwear can lead to yeast infections and intravenous hair, which in turn can inhibit the growth of men’s underwear market.
Key features of the study:
• This report provides a thorough analysis of the size of the men’s underwear market (US $ million) and the cumulative annual growth rate (CAGR%) for the forecast period (2018-2025), Given the year 2017 as the base year, it clarifies potential revenue opportunities in different areas and explains the attractive investment proposal matrix for this market.
• This study provides major insight into market drivers, restraints, opportunities, new product launches or approval, regional approaches and competitive strategies adopted by key players.
In the global men’s underwear market based on the following parameters company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies and future plans
Key companies covered as a part of this study include:
• American Eagle
• Outfitter Inc.
• Philips-Van Heusen Corporation,
• Hanes brands Inc.,
• Jockey International Inc
• J.C. Penny Corporation Inc.
• Brand Group Inc.
• Ralph Lauren Corporation
• Berkshire Hathaway Inc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, Product Type up-gradation, market expansion and marketing tactics The global men’s underwear market report caters to various stakeholders in this industry including investors, suppliers, underwear manufacturers, distributors, new entrants, and financial analysts Stakeholders would have ease in decision making through the various strategy matrices used in analyzing the men’s underwear market
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