Latin America Men's Underwear Market Size & Outlook
Latin America men's underwear market, 2017-2030 (US$M)
Related Markets
Latin America men's underwear market highlights
- The Latin America men's underwear market generated a revenue of USD 1,644.2 million in 2022.
- The market is expected to grow at a CAGR of 4.4% from 2023 to 2030.
- In terms of segment, boxer brief was the largest revenue generating type in 2022.
- Trunks is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 1,644.2 million |
| Market revenue in 2030 | USD 2,313.8 million |
| Growth rate | 4.4% (CAGR from 2022 to 2030) |
| Largest segment | Boxer brief |
| Fastest growing segment | Trunks |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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 |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.4% of the global men's underwear market in 2022.
- 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 24,672.5 million by 2030.
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Men's Underwear Market Scope
Men's Underwear Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America men's underwear 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 men's underwear market will help companies and investors design strategic landscapes.
Boxer brief was the largest segment with a revenue share of 35.28% in 2022. Horizon Databook has segmented the Latin America men's underwear market based on briefs, boxer brief, trunks, boxers covering the revenue growth of each sub-segment from 2017 to 2030.
Rising demand for plus-size men’s underwear is supporting the market growth in the region. Along with changing social dynamics and buying power, men have also become more aware of brands in the intimate apparel market.
In response, manufacturers operating in the regional men's underwear market are largely focusing on developing comfortable and personalized underwear in various patterns and designs to cater to the changing consumer needs. These efforts are expected to boost the regional market over the forecast period.
Boxer briefs emerged as the largest type segment and accounted for the largest market revenue share in 2021. This product covers one-third portion of the thighs without bunching or riding up. A higher adoption rate among obese individuals is driving the demand for boxer briefs in the region.
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Our clientele includes a mix of men's underwear 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 Latin America men's underwear market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America men's underwear market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America men's underwear market size, by country, 2017-2030 (US$M)
Latin America Men's Underwear Market Outlook Share, 2022 & 2030 (US$M)
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