The Spanish market for men's or boys' underpants and briefs of knitted or crocheted textiles has shown a decreasing trend from 2013 to 2023, with the market size volume per capita declining from 1.46 to 0.87 s per capita. Notably, between 2022 and 2023, there has been a further decline of approximately 4.4%. Over the past five years, the compounded annual growth rate (CAGR) is negative, reflecting an average annual reduction of 3.7% per year in the market size volume per capita.
Future trends to watch for include:
- Potential market recuperation driven by fashion trends or economic improvements.
- Possible shifts in consumer preferences towards sustainable or premium products.
- Impact of demographic changes and lifestyle variations on market demand.
- The influence of e-commerce growth on market dynamics and distribution models.
