North America Innerwear Market Size & Outlook, 2023-2030
North America innerwear market, 2017-2030 (US$M)
Related Markets
North America innerwear market highlights
- The North America innerwear market generated a revenue of USD 38,753.3 million in 2023.
- The market is expected to grow at a CAGR of 5.4% 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, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 38,753.3 million |
| Market revenue in 2030 | USD 56,051.8 million |
| Growth rate | 5.4% (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, North America region accounted for 18.1% 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 |
|---|
North America 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 50.17% in 2023. Horizon Databook has segmented the North America innerwear market based on top innerwear, bottom innerwear, thermal & baselayers covering the revenue growth of each sub-segment from 2017 to 2030.
The North America innerwear market has a significant market share in the market owing to a shift towards more comfortable and body-inclusive innerwear in the region. There has been a growing demand for innerwear that caters to diverse body types, skin tones, and sizes. Fashion trends also play a crucial role in shaping the innerwear market in North America.
Consumers seek underwear that not only provides comfort but also reflects their personal style and follows the latest fashion trends. This has resulted in the demand for stylish designs, vibrant colors, and patterned prints in both men's and women's innerwear.
Another significant factor influencing the North American innerwear market is the growing awareness of sustainability and ethical considerations. Consumers are increasingly seeking brands that prioritize ecofriendly materials, ethical sourcing, and manufacturing practices.
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Target buyers of North America innerwear market databook
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Our clientele includes a mix of innerwear market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 North America innerwear market , including forecasts for subscribers. This continent databook contains high-level insights into North America innerwear market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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North America innerwear market size, by country, 2017-2030 (US$M)
North America Innerwear Market Outlook Share, 2023 & 2030 (US$M)
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