In 2024, the UK market for women's or girls' briefs and panties of knitted or crocheted textiles marks a forecasted value of 303.93 million Euros, showing a yearly decline in forecast values until 2028. This market is expected to decrease by approximately 1.5% each year, from 303.93 million Euros in 2024 to 285.52 million Euros in 2028. Comparing with 2023, the forecast implies a consistent decline due to possible market saturation or shifts in consumer preferences.
Future trends to watch for include:
- Increased demand for sustainable or eco-friendly materials as consumers prioritize environmental concerns.
- Technological innovations, such as smart textiles, potentially altering product offerings and attracting consumer interest.
- Shifts in fashion trends impacting the demand magnitude and frequency of purchases.