The per capita market size value for men's and boys' underpants made of synthetic fibres in Ireland showed a declining trend from 2013 to 2023, decreasing from $0.97 in 2013 to $0.61 in 2023. Over the last two years, the year-on-year variation was a decrease of 3.2% from 2021 to 2022 and a slight decline of 1.6% from 2022 to 2023. The compound annual growth rate (CAGR) from 2018 to 2023 reflects an average annual decrease of approximately 2.4%.
Future trends to watch for include shifting consumer preferences towards sustainable and natural fibres, which may impact the demand for synthetic options. Additionally, economic factors such as inflation and disposable income levels could influence purchasing habits and market growth in the sector.
