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The Premium Underwear Market to work along the innovative silos by 2026

Underwear Market

Underwear Market

According to Persistence Market Research's most recent analysis of the Premium Underwear market, it will grow in size by about 1.8X by the end of 2031 from its current value of US$ 12.5 Bn. The Premium Underwear industry analysis predicts that the market will grow at a respectable CAGR of 6.3% over the next ten years. Germany's market is expected to grow at a CAGR of 4.5%, and the U.K.

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Recent Launches in Premium Underwear
• The influence of fashion has substantially changed the clothing industry, and innerwear is no different from this trend, but there have not been any major developments in the innerwear domain for a long time. This dry run of no developments is about to end, as the market is set to see a new type of underwear.

• Boxerkilt recently announced a new type of underwear for men, which, in place of a restrictive pouch of traditional underwear, has a soft edgeless opening that allows the male genitalia to maintain a wholly natural position and temperature.

• Buttercloth, a premium menswear brand also recently launched its own line of Premium Underwear(Underwear Market). Buttercloth founder and winner on ABC's Shark Tank, Danh Tran launched this new collection that features the same patented cooling mint fibers that Buttercloth's Icy Cotton shirt collection was known for.

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Market Research Methodology - Perfected through Years of Diligence
A key factor for our unrivaled market research accuracy is our expert- and data-driven research methodologies. We combine an eclectic mix of experience, analytics, machine learning, and data science to develop research methodologies that result in a multi-dimensional, yet realistic analysis of a market.

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Key Market Players
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 Premium Underwear market focus on enhancing their global and regional presence through acquisitions and mergers and operational expansion.

Read More: https://www.globenewswire.com/en/news-release/2018/09/26/1576599/0/en/Men-s-Underwear-Market-is-projected-to-reach-US-11-Bn-by-2020-Persistence-Market-Research.html

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The Consumer Goods team at Persistence Market Research helps clients from all over the globe with their unique business intelligence needs by offering expert analysis, actionable insights, and strategic recommendations. With a repertoire of over 1,000 reports and 1 million+ data points, the team has analyzed the consumer goods industry lucidly in 50+ countries for over a decade. We provide end-to-end research and consulting services; reach out to explore how we can help.

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