The market size value per capita for men's and boys' cotton underpants in Oman showed modest growth from 2013 to 2023, reaching $1.47 in 2023. The trend reflects a relatively stable market, with minor fluctuations, notably a dip in 2020 to $1.39, likely due to the pandemic. The year-over-year variation over the last two years was minimal, and the compound annual growth rate (CAGR) over the past five years was approximately 0.14%, indicating a slow but steady increase in market value.
Future trends to watch for include:
- Increased demand for sustainable and eco-friendly products.
- Potential growth from e-commerce platforms expanding access to regional products.
- Changing consumer preferences influenced by fashion trends.