Press release
Men's Underwear Market Anticipated to Top US$ 23 Bn by 2031
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.
Download TOC, list of figures & tables@https://www.persistencemarketresearch.com/market-research/underwear-market/toc
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.
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
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
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 Men's Underwear Market Anticipated to Top US$ 23 Bn by 2031 here
News-ID: 2608094 • Views: …
More Releases from Persistence Market Research
Hardware Security Modules (HSM) Market Set to Expand at 14.3% CAGR, Reaching USD …
Overview of the Market
The Hardware Security Modules (HSM) market is poised for significant growth, estimated to rise from US$1.4 billion in 2024 to US$3.7 billion by 2031, reflecting a robust CAGR of 14.3%. This growth is fueled by the accelerating adoption of digital transactions, cloud-based solutions, and enterprise mobility that necessitate advanced cryptographic security. Organizations across sectors such as BFSI, healthcare, and government are increasingly investing in HSMs to safeguard…
SOC as a Service Market Expected to Hit USD 11.34 Billion by 2031, Growing at a …
Overview of the SOC as a Service Market
The SOC as a Service (Security Operations Center as a Service) market is witnessing substantial growth, driven by escalating cybersecurity threats, rapid digital transformation, and widespread adoption of cloud-based solutions. Organizations across the globe are increasingly seeking managed security services that offer real-time monitoring, threat detection, and incident response without the heavy investment in in-house infrastructure. As businesses expand their digital footprint, SOC…
U.S. Factoring Services Market Estimated to Grow at 9.1% CAGR by 2031
Overview of the Market
The U.S. factoring services market is poised for robust growth, projected to increase from US$325.1 billion in 2024 to US$598.1 billion by 2031, representing a CAGR of 9.1% during the forecast period. Factoring services, which involve the sale of accounts receivable to third-party financial institutions for immediate liquidity, have become increasingly essential for businesses seeking efficient cash flow management. The market is witnessing accelerated adoption due to…
Crypto Asset Management Industry Forecasted to Grow at 22.4% CAGR, Surpassing US …
The crypto asset management market is experiencing rapid growth, driven by the rising adoption of digital assets and the increasing need for secure, efficient, and optimized investment strategies. The market is projected to grow from US$1.1 billion in 2024 to US$2.28 billion by 2031, recording a CAGR of 22.4% during the forecast period. The increasing use of advanced technologies like artificial intelligence (AI) and machine learning (ML) has revolutionized portfolio…
More Releases for Corporation
Endotherapy Devices Market Key Players: Hoya Corporation, Olympus Corporation, S …
A fresh report titled “Endotherapy Devices Market” has been presented by KD market insights. It evaluates the key market trends, advantages, and factors that are pushing the overall growth of the market. The report also analyzes the different segments along with major geographies that have more demand for Endotherapy Devices Market. The competition analysis is also a major part of the report.
The global endotherapy devices market is projected to reach…
Digital Living Room Market 2017-2025 | Samsung Corporation, Sharp Corporation, B …
Global Digital Living Room Market: Snapshot
The living room gadgets in the early 1980s were predominantly televisions. Today, living rooms have evolved into a place with a number of devices thanks to inventions and evolution of the consumer electronics industry. Following this, researchers are focused on bridging the gaps between different devices in the living room by means of connected living rooms. This involves connecting the array of primary and secondary…
Global Healthcare Clinical Analytics Market to 2022| IBM Corporation, Cerner Cor …
Albany, NY, 3rd December : Recent research and the current scenario as well as future market potential of "Global Market Study on Healthcare Clinical Analytics: North America to be the Most Lucrative Market During the Assessment Period (2017 - 2022)" globally.
Introduction
Persistence Market Research delivers yet another unbiased, comprehensive and insightful report titled ‘Healthcare Clinical Analytics Market: Global Industry Analysis (2012-2016) and Forecast (2017-2022)’.
Get PDF for more Professional and Technical insights…
Endotherapy Devices Market Key Players : Hoya Corporation, Olympus Corporation, …
Endoscopy Devices Market is performed to examine abdominal pain, ulcers, digestive tract bleeding, and abnormal growths in the colon and other abdominal & gastrointestinal (GI) conditions. The minimally invasiveness of this procedure with fewer post operation complications makes it one of the most preferred and sought-after procedures in diagnostics and surgeries. The global endotherapy devices market is projected reach $5,015 million by 2024 from $3,369.0 million in 2017, growing at…
Endoscopy Devices Market Share with Olympus Corporation, HOYA Corporation, Fujif …
Endoscopy Devices Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $40,854 million by 2022 from $27,273 million in 2015, registering a CAGR of 5.7% during the period 2016 to 2022. The flexible endoscopes are expected to dominate the global endoscopy devices market. North America is projected to continue its lead, accounting for more than one-third share of the global endoscopy devices market…
Digital Living Room Market 2017 - 2025 : Sharp Corporation, BenQ Corporation, So …
Global Digital Living Room Market: Snapshot
The living room gadgets in the early 1980s were predominantly televisions. Today, living rooms have evolved into a place with a number of devices thanks to inventions and evolution of the consumer electronics industry. Following this, researchers are focused on bridging the gaps between different devices in the living room by means of connected living rooms. This involves connecting the array of primary and secondary…
