The UK market for Men’s and Boys’ Underpants, Briefs, Nightshirts, Pyjamas, Bathrobes, and Dressing Gowns of Knitted or Crocheted Textiles experienced a fluctuating trend from 2013 to 2023. In 2023, the market size stood at 163.47 million. The market faced declines with notable drops in 2018 and 2020 but saw a recovery beginning in 2021 with a growth rate of over 20%. Over the last two years, the market had marginal growth with year-on-year increases of approximately 0.64% in 2022 and 0.63% in 2023. The five-year compound annual growth rate (CAGR) was -0.29%, indicating a slight decline on average each year.
Future trends to watch include the impact of sustainable and eco-friendly materials as consumer preferences shift, increasing online retail sales, and innovations in comfort and wearable technology. Keeping an eye on global economic conditions will also be crucial as they can influence consumer purchasing power and behavior.
