From 2023 to 2028, the UK market for women's or girls' briefs and panties of knitted or crocheted textiles demonstrates a consistent annual decline. Starting at 218 million in 2023, it decreases by an average of approximately 2% year-over-year. Specifically, the market size is forecasted to drop from 213.88 million in 2024 to 199.63 million in 2028. The Compound Annual Growth Rate (CAGR) over these five years is negative, reflecting a shrinking market.

Future trends to watch for:

Sustainability: Increasing demand for eco-friendly and sustainable materials could influence market growth and consumer preferences.
Fashion Trends: Innovations in design and changing consumer tastes may impact purchasing decisions.
Economic Factors: Economic conditions and disposable income levels will likely affect buyer confidence and spending on non-essential goods.