UK Innerwear Market Size & Outlook, 2023-2030
UK innerwear market, 2017-2030 (US$M)
Related Markets
UK innerwear market highlights
- The UK innerwear market generated a revenue of USD 10,291.5 million in 2023 and is expected to reach USD 13,707.9 million by 2030.
- The UK market is expected to grow at a CAGR of 4.2% 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.
Innerwear market data book summary
| Market revenue in 2023 | USD 10,291.5 million |
| Market revenue in 2030 | USD 13,707.9 million |
| Growth rate | 4.2% (CAGR from 2023 to 2030) |
| Largest segment | Bottom innerwear |
| Fastest growing segment | Thermal & Baselayers |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 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, UK accounted for 4.8% of the global innerwear market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK innerwear market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 8,540.9 million by 2030.
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Innerwear Market Scope
Innerwear Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
UK 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 48.56% in 2023. Horizon Databook has segmented the UK innerwear market based on top innerwear, bottom innerwear, thermal & baselayers covering the revenue growth of each sub-segment from 2017 to 2030.
The U.K. has a strong fashion culture, and consumers in the country are known for their fashion-forward approach. The demand for stylish and on-trend innerwear has contributed to market growth. U.K. consumers value high-quality designs, attention to detail, and innovative innerwear styles.
The rise of e-commerce and online retail platforms has played a crucial role in the growth of the innerwear market in the U.K. Consumers can explore a wide variety of innerwear brands, styles, and sizes from the comfort of their homes.
Lounge Underwear, a successful innerwear brand founded by Melanie and Daniel Marsden, expanded into physical retail with a temporary pop-up store in London's Covent Garden in December 2022. The store explores the brand's plans for its presence in the physical retail space.
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Target buyers of UK 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UK innerwear market , including forecasts for subscribers. This country databook contains high-level insights into UK innerwear market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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UK innerwear market size, by product, 2017-2030 (US$M)
UK Innerwear Market Outlook Share, 2023 & 2030 (US$M)
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