Europe Innerwear Market Size & Outlook, 2023-2030
Europe innerwear market, 2017-2030 (US$M)
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Europe innerwear market highlights
- The Europe innerwear market generated a revenue of USD 54,059.2 million in 2023.
- The market is expected to grow at a CAGR of 5% from 2024 to 2030.
- In terms of segment, bottom innerwear was the largest revenue generating product in 2023.
- Thermal & Baselayers is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, France is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 54,059.2 million |
| Market revenue in 2030 | USD 75,986.2 million |
| Growth rate | 5% (CAGR from 2023 to 2030) |
| Largest segment | Bottom innerwear |
| Fastest growing segment | Thermal & Baselayers |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Top Innerwear, Bottom Innerwear, Thermal & Baselayers |
| Key market players worldwide | Victoria's Secret & Co, Amazon.com Inc, Hanesbrands Inc, Jockey International, PVH Corp |
Other key industry trends
- In terms of revenue, Europe region accounted for 25.3% of the global innerwear market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 133,495.1 million by 2030.
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Innerwear Market Scope
Innerwear Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe innerwear market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to innerwear market will help companies and investors design strategic landscapes.
Bottom innerwear was the largest segment with a revenue share of 48.35% in 2023. Horizon Databook has segmented the Europe innerwear market based on top innerwear, bottom innerwear, thermal & baselayers covering the revenue growth of each sub-segment from 2017 to 2030.
Europe has a strong fashion culture and is known for its emphasis on style and trends. The region's consumers are fashion-conscious and value high-quality and aesthetically appealing innerwear. The influence of European fashion designers and brands has driven the market.
European societies have witnessed a shift in cultural norms and attitudes towards innerwear. There is greater acceptance and openness regarding self-expression, body positivity, and embracing diverse beauty standards. This change in mindset has led to an increased demand for a wider range of innerwear styles and sizes to cater to different body types and personal preferences.
As disposable income levels rise across Europe, consumers have more purchasing power to invest in luxury and high-quality innerwear. The willingness to spend on premium brands has contributed to market growth, with consumers seeking products that offer comfort, style, and durability.
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Our clientele includes a mix of innerwear market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe innerwear market , including forecasts for subscribers. This continent databook contains high-level insights into Europe innerwear market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Europe innerwear market size, by country, 2017-2030 (US$M)
Europe Innerwear Market Outlook Share, 2023 & 2030 (US$M)
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