Press release
Global Men’s Underwear Market is Anticipated to Grow US$ 11 Billion by 2020
Men’s Underwear Market
Sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/3465
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.
Growing disposable income, preference for branded underwear that offer better fit and comfort are major factors fuelling demand for premium underwear, thereby driving the growth of the men’s underwear market. However, a high degree of competition and unorganised market in developing countries are major factors hampering the growth of the overall men’s underwear market. The men’s underwear market is anticipated to expand at a CAGR of 5.8 % from 2015 to 2020, to reach US$ 11,167.6 Mn by 2020.
Request to view Table of Content @ http://www.persistencemarketresearch.com/market-research/underwear-market/toc
By region, BRIC dominated the market with over 35% market share and is expected to remain dominant throughout the forecast period. Europe was the second dominant region with 17.4% share in 2014. The men’s underwear market in Europe and North America is expected to expand at CAGRs of 5.1% and 3.9% respectively during the forecast period. On the basis of age group, the market has been segmented into 15–25, 26–35, 36–45, 46–55 and 56 and above. The 36–45 segment accounted for 24.2% share of the global men’s underwear market in 2014 and is expected to register a CAGR of 5.8% over the forecast period. 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, speciality store, mono-brand store and others. The online sales segment accounted for 7.7% share of the global men’s underwear market in 2014 and is expected to register the fastest CAGR of 12.8% over the forecast period. Mass merchant sub-segment accounted for a dominant market share of around 58.5% in 2014.
To Buy Full Report for a Single User @ http://www.persistencemarketresearch.com/checkout/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 men’s underwear market focus on enhancing their global and regional presence through acquisitions and mergers and operational expansion.
About Us
Persistence Market Research (PMR) is a full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients business needs.
PMR stands committed to bringing more accuracy and speed to clients business decisions. From ready-to-purchase market research reports to customized research solutions, PMRs engagement models are highly flexible without compromising on its deep-seated research values.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA - Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
media@persistencemarketresearch.com
Web: www.persistencemarketresearch.com
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 Global Men’s Underwear Market is Anticipated to Grow US$ 11 Billion by 2020 here
News-ID: 578251 • Views: …
More Releases from Persistence Market Research
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market
The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to…
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market
The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in…
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market
The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According…
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market
The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained…
More Releases for Men’s
Market Report on Men’s Health Therapeutics
Global Men’s Health Therapeutics Market: Overview
The rising psychological, economic, biological, and social factors affecting men’s health are slated to propel the global men’s health therapeutics market. Research conducted by the World Health Organization (WHO) shows that life expectancy at birth for males was 69.1 years, while that for women was 73.8 years. Thus, it was found that women live longer than men on a global scale in a study conducted…
Coronavirus's Impact On Men’s Personal Care Products Market
Men’s personal care products are a wide range of products used in personal hygiene. These products are also used to improve personality and for grooming. Men personal care products are basic products used to enhance appearance. These products are also used to provide nutrition for skin and hair. Global manufacturers are investing in personal care products due to high demand from consumers. This is one of the fastest growing sectors…
Know How Men’s Shavers Market is Thriving Worldwide?
HTF MI released a new market study on Men's Shavers - Global Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. The Research report presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data.
Click to get Men's…
Men’s Wear Market Projections for Forthcoming Years 2022
The global men’s wear market is expected to grow moderately, and is influenced by many factors within the market. Factors such as rise in trendy clothing, metrosexual mentality of the people, availability of sufficient disposable income, brand awareness by celebrity endorsements, developments in the clothing products and innovation in these products to suit various purposes, increase in the use of footwear, ethnic wear, and shits and t-shirts, etc., are primarily…
China Men’s Underwear Industry 2015 Market Research Report
The China Men’s Underwear Industry 2015 Market Research Report is a professional and in-depth study on the current state of the Men’s Underwear industry.The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Men’s Underwear market analysis is provided for the China markets including development trends, competitive landscape analysis, and key regions development status.Development policies and plans are discussed as well as…
Special Line of Handmade Shoes Enhancing Men’s Personality
7th April, 2016 Turkey
Those who are familiar with high quality handmade leather shoes, they know about Emillo Santo, the manufacturer and retailer of high quality and fashionable Italian leather handmade shoes for men. This time Emillo Santo has brought up a new collection of exclusive leather handmade shoes for men. This entire collection promises the same kind of quality and style as offered by Emillo to its customers all…
