The market size for men's and boys' underpants made of synthetic fibres in Mexico reached a value of 33.077 million USD in 2023. From 2013 to 2023, the market showed an overall growth tendency, despite a significant drop in 2020. In the last two years, the market rebounded with a year-on-year increase of 23.01% in 2021 and 1.94% in 2023. Over the past five years, the market grew at a CAGR of 2.1%, showing moderate, sustainable growth.
Future trends to watch for:
- Continued innovation in breathable, comfortable synthetic materials driving consumer preference.
- Increased focus on eco-friendly synthetic products.
- Potential growth in online retail channels enhancing reach and consumer access.