U.S. Men’s Underwear Market Anticipated to be Valued at US$ 6000 Mn by 2026
Verfasser: Monicafmi31 on Thursday, 18 May 2017U.S. men’s underwear market is a multibillion dollar industry growing at a respectable rate
In terms of value, the U.S. men’s underwear market is anticipated to register a CAGR of 5.8% during the forecast period and is expected to reach a value of nearly US$ 6,000 Mn by 2026 end. Among all the variety of products available in the market, boxer shorts are anticipated to be the fastest growing segment during the assessment period of 2016-2026. Also, due to rising levels of obesity, XXXL is projected to be the fastest growing size during the decade. Out of the total U.S. underwear market, the mass merchant distribution channel segment accounts for nearly 70% of the market value and online stores have a share of approximately 10%.
Rising personal hygiene awareness along with increasing disposable income to contribute to the revenue growth of the U.S. men’s underwear market