The underwear market size in the UK experienced fluctuations in per capita volume from 2013 to 2023. After peaking in 2015 at 22.39 pairs per capita, the market saw a general decline, reaching 18.26 in 2023. Recent years show slight recovery from a low in 2020 but remain below earlier levels. Year-on-year, 2023 observed a marginal decrease of 1.03% compared to 2022. The compound annual growth rate (CAGR) from 2019 to 2023 was negative, reflecting an average annual decrease in volume.

Future trends to watch for include:

Impact of sustainability trends on material sourcing and production practices.
Pandemic-driven changes in consumer lifestyle and clothing preferences.
Potential growth from innovations in comfort and design catering to diverse consumer needs.