The market for women's and girls' briefs and panties in the UK, excluding synthetic fibers and cotton, reached 50.487 million USD in market size value in 2023. Over the period from 2013 to 2023, the market displayed a notable growth trend, with significant peaks and dips. Particularly, 2020 experienced a sharp decline of nearly 15% due to market disruptions, followed by a robust recovery in 2021 with a 23.54% increase year-on-year. The last five years showed a moderate CAGR of 2.55%, indicating steady growth despite previous fluctuations.
Future trends to watch for:
- The impact of sustainability trends could drive growth in non-synthetic materials.
- Evolving fashion preferences might influence consumer tastes and market dynamics.
- Economic conditions post-2023 will play a significant role in shaping market recovery and growth.