Market revenue in 2022 | USD 6,681.6 million |
Market revenue in 2030 | USD 10,805.7 million |
Growth rate | 6.2% (CAGR from 2022 to 2030) |
Largest segment | Boxer brief |
Fastest growing segment | Trunks |
Historical data | 2017 - 2021 |
Base year | 2022 |
Forecast period | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Briefs, Boxer Brief, Trunks, Boxers |
Key market players worldwide | PVH Corp, Hanesbrands Inc, Ralph Lauren Corp Class A, Levi Strauss & Co Class A, American Eagle Outfitters Inc, Hugo Boss AG, Berkshire Hathaway Inc Class A, Jockey International, Naked Brand Group, Perry Ellis Menswear LLC |
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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 men's underwear market will help companies and investors design strategic landscapes.
Boxer brief was the largest segment with a revenue share of 33.96% in 2022. Horizon Databook has segmented the China men's underwear market based on briefs, boxer brief, trunks, boxers covering the revenue growth of each sub-segment from 2017 to 2030.
China accounted for a major revenue share in Asia Pacific men’s underwear market in 2021. The market dominance can be mainly attributed to the increasing expenditure by men on personal grooming products. Customization is another trend in the male underwear market in China.
The trunks segment is likely to be driven by the rising adoption rate of trunks among consumers in the country. Trunks are more versatile and suitable for everyday wear including dressing up and even sportswear resulting in a higher adoption rate among millennials and baby boomers as they are more engaged in outdoor activities.
Horizon Databook provides a detailed overview of country-level data and insights on the China men's underwear market , including forecasts for subscribers. This country databook contains high-level insights into China men's underwear market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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