The market for men's or boys' underpants and briefs of textile fabric not knitted or crocheted in Spain has shown a declining trend in volume per capita from 2013 to 2023, reaching 0.045 in 2023. Over the last two years, the market has contracted by about 22.41%, driven by changing consumer preferences and increased competition from knitted and other comfort-focused alternatives. The five-year CAGR indicates an average annual decline of around 9.0%.
Future trends to watch for include:
- Shifts towards sustainable and eco-friendly materials.
- Potential market stabilization as demand aligns with niche consumer preferences.
- Impact of technological advancements in textile production.
- Possible recovery influenced by lifestyle changes post-pandemic.