The men's or boys' underpants and briefs market in Spain, not knitted or crocheted, experienced a declining trend from 2013 to 2023. In 2023, the market size stood at 2.182 million. Over the decade, the market consistently contracted, with the last two years showing a year-on-year decline of 10.9% in 2022 and 12.11% in 2023. The cumulative average growth rate (CAGR) over the past five years was a negative 10.51%, indicating persistent market shrinkage.
Future trends to watch include potential market stabilization as companies innovate with new types of fabric or ecological products that could capture consumer interest, as well as shifts toward e-commerce platforms expanding market reach.
