openPR Logo
Press release

The Underwear Market To Be Coaxed By Innovation

The men’s underwear market is anticipated to progress at a healthy CAGR of 6.3% to account for US$ 23 Bn by the end of 2031, up from the current valuation of US$ 12.5 Bn. 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.

To remain ‘ahead’ of your competitors, request for a samples@https://www.persistencemarketresearch.com/samples/3465

Growing disposable income, preference for branded underwear that offer better fit and comfort are major factors fueling demand for premium underwear, thereby driving the growth of the men’s underwear market. However, a high degree of competition and unorganized market in developing countries are major factors hampering the growth of the overall men’s underwear market.

On the basis of distribution channel, the market has been segmented into online sales and offline sales, where offline sales are further sub-segmented into the mass merchant, specialty store, mono-brand store and others.

The online sales segment accounted for a substantial share of the global men’s underwear market in 2021 and is expected to register the fastest CAGR over the forecast period. Mass merchant sub-segment is expected to account for a dominant market share in 2021.

Get Methodology Report here@ https://www.persistencemarketresearch.com/methodology/3465

Key market players covered in this report are Hanesbrands Inc., Philips-Van Heusen Corporation, Ralph Lauren Corporation, Jockey International Inc., American Eagle Outfitter Inc., Iconix Brand Group Inc., J.C. Penny Corporation, Inc. and Berkshire Hathaway Inc. Major players in the men’s underwear market focus on enhancing their global and regional presence through acquisitions and mergers and operational expansion.

For in-depth competitive analysis, buy now@https://www.persistencemarketresearch.com/checkout/3465

Read More Trending “PMR Exclusive Article”

Global Market Study on Men’s Grooming Products: https://www.persistencemarketresearch.com/market-research/mens-grooming-products-market.asp

Global Market Study on Makeup Remover Products: https://www.persistencemarketresearch.com/market-research/makeup-remover-products-market.asp

Contact Us:

Persistence Market Research
Address – 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – sales@persistencemarketresearch.com
Website – https://www.persistencemarketresearch.com

About us:

Persistence Market Research, as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release The Underwear Market To Be Coaxed By Innovation here

News-ID: 2527440 • Views: 90

More Releases from Persistence Market Research

Plantbased Protein Market to Witness Rise in Revenues During the Period 2019 - 2 …
Persistence Market Research has published a report on the plant-based protein market, which includes the global industry analysis for 2014-2018 and opportunity assessment for 2019-2029, and projects that the global plant-based protein market is expected to reach ~ US$ 9.6 Bn by the end of 2019 in terms of value, and is forecasted to reach ~ US$ 17.3 Bn by the end of 2029. According to the report, proteins are
The Chained Consumer Foodservice Market To Grasp Through The Fine Courses Of Nov …
The latest study by Persistence Market Research opines that the global chained consumer foodservice market is more popular than ever with paradigm changes in the way guests are eating and receiving their food. The chained consumer foodservice service market is expected to grow by around 4% over the forecast years, producing over US$ 280 Bn of incremental value from 2019 to 2027. This is partly driven by technology and mobile
New Product Launches To Put The Natural Organic Personal Care Product Market In …
The global natural and organic personal care products market was valued at ~US$ 10 Bn in 2014, which is estimated to reach ~US$ 14 Bn by the end of 2019. The natural and organic personal care products market is projected to expand at a robust CAGR during the next decade. Persistence Market Research (PMR) recently released a new market research on the natural and organic personal care products market covering
The Digestive Remedies Market To Ride On The Curve Of Innovation
According to a recently published PMR report, global digestive remedies market in 2018 exceeded US$ 15 Bn and is expected to grow at a moderate CAGR during the forecast period. Digestive remedies such as probiotics are used for therapy of gastrointestinal (GI) illnesses. The most prevalent digestive disorders include indigestion, heartburn, diarrhea, irritable bowel syndrome (IBS), movement disease, pediatric digestive illnesses, and constipation. To remain ‘ahead’ of your competitors, request

All 5 Releases


More Releases for Corporation

What's driving the Global Photovoltaic Market trends? Mitsubishi Electric Corpor …
The global photovoltaic market accounted for US$.153.99 Bn in 2018 and is expected to grow at a CAGR of 19.8% during the forecast period 2019 - 2027, to account to US$ 768.1 Bn by 2027. Some of the players present in global photovoltaic market are Mitsubishi Electric Corporation, Panasonic Corporation, Kaneka Corporation, Kyocera Corporation, Sharp Corporation, JA Solar Co. Ltd, Renesola Co. Ltd, Trina Solar, Jinko Solar, and Shunfeng International
Endoscopy Visualization System Market 2018 |Fujifilm Holding Corporation, Conmed …
Market Research Hub (MRH) has carefully analyzed this research study titled Endoscopy Visualization System Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028, which is available on its online portal. The aim of this assessment is to highlight the various projections expected to occur in the global market for Endoscopy Visualization System Market. Readers can gain knowledge related to prime market facets such as market size, Y-o-Y growth and market
Blockchain Market Covers Leading Manufacturer IBM Corporation, Microsoft Corpora …
Blockchain technology is a decentralized software program that enables protected digital transactions of digital currencies such as Bitcoin. Download PDF To explore detail study @ https://www.coherentmarketinsights.com/insight/request-pdf/1113 "Applications Of Blockchain Market" Blockchain permits applicants to authenticate and review transactions. Blockchain-based transactions of value can be completed in faster way, more safely, and economically than conventional transaction systems. Rising popularity of these ledger chains has led to a significant increase in total capital
Enterprise Information Management (EIM) Market 2021 - IBM Corporation, Oracle Co …
Enterprise Information Management (EIM) is the combined power of analytics or business intelligence and content management. Large companies often have separate applications for each of these segments, and EIM seeks to combine them in a more integrated way to remove silos. Organizations that are developing EIM strategies and capabilities are focused on reducing costs and improving efficiencies. The global EIM market has increased over the years and is expected to
Cloud Backup Market Key Players - Microsoft Corporation, Oracle Corporation, IBM …
Market Highlights: The Global Cloud Backup Market is growing with the rapid pace; mainly due to the increasing demand for low cost and reliable storage facility. According to a recent study report published by the Market Research Future, the global market of cloud backup is growing rapidly and expected to gain prominence over the forecast period. The market is projected to demonstrate a remarkable growth by 2023, beating its previous
Global Enterprise Content Management Market 2016 - EMC Corporation, IBM Corporat …
To begin with, the report defines the Enterprise Content Management market and segments it based on the most important dynamics, such as applications, geographical/regional markets, and competitive scenario. Furthermore Enterprise Content Management market report provides detail analysis, forecast, Size, share, outlook, current trends, market demand, market growth. Macroeconomic and microeconomic factors environments that currently prevail and also those that are projected to emerge are covered in this report. This report