From 2013 to 2023, the market value of men's and boys' underpants made of synthetic fibers in Ireland has generally declined, dropping from 4.491 million USD in 2013 to 2.9946 million USD in 2023. Between 2022 and 2023, the market experienced a decrease of 1.91%. The compounded annual growth rate (CAGR) over the last five years stood at -1.92%, indicating a steady decline in market value.

Future trends to watch for:

Increased emphasis on sustainable materials which might drive demand for alternatives to synthetic fibers.
Potential growth in e-commerce sales channels could influence market dynamics, encouraging recovery.
Consumer trends toward athleisure and comfort wear may present new opportunities for product differentiation.