Saudi Arabia Men's Underwear Market Size & Outlook
Saudi Arabia men's underwear market, 2017-2030 (US$M)
Related Markets
Saudi Arabia men's underwear market highlights
- The Saudi Arabia men's underwear market generated a revenue of USD 397.3 million in 2022 and is expected to reach USD 581.2 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 4.9% 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.
Men's underwear market data book summary
| Market revenue in 2022 | USD 397.3 million |
| Market revenue in 2030 | USD 581.2 million |
| Growth rate | 4.9% (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 |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 1.1% of the global men's underwear market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia men's underwear market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 581.2 million by 2030.
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Men's Underwear Market Scope
Men's Underwear Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia 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 32.34% in 2022. Horizon Databook has segmented the Saudi Arabia men's underwear market based on briefs, boxer brief, trunks, boxers covering the revenue growth of each sub-segment from 2017 to 2030.
Saudi Arabia accounted for a maximum revenue share in the Middle East & Africa men’s underwear market in 2022. The significant share held by the country can be majorly attributed to the high expenditure power and preference for luxury and premium underwear.
For instance, one of the best men's underwear in Saudi Arabia is the Calvin Klein brand, which is characterized by being pure cotton clothing, which gives a feeling of softness, comfort and fluidity in movement.
The growing trend of wearing trunks along the poolside owing to the supportive characteristic of the product is contributing to the increased penetration of the product in the country.
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Target buyers of Saudi Arabia men's underwear market databook
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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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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 Saudi Arabia men's underwear market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia men's underwear market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia men's underwear market size, by type, 2017-2030 (US$M)
Saudi Arabia Men's Underwear Market Outlook Share, 2022 & 2030 (US$M)
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