Over the past decade, the market size for women and girl briefs and panties made of materials other than synthetic fibers and cotton in Spain has experienced fluctuations. The market value reached 9.3531 million USD in 2023, showcasing consistent growth from 2013 with occasional declines, notably in 2020 due to external factors. The year-on-year growth in 2022 and 2023 was modest at 1.91% and 1.83%, respectively, compared to a sharp 22.87% increase in 2021. Over the last five years, the compound annual growth rate (CAGR) has been moderate at 1.99%.
Future trends to monitor include:
- A shift towards sustainable and eco-friendly materials.
- Increasing consumer preference for quality and comfort.
- Potential market expansion influenced by fashion trends and new technological advancements in textile production.
- Economic factors and consumer spending power which may impact market growth.
