The market for men's or boys' woven underpants and briefs in Spain exhibited a consistent downtrend over the last decade, with 2023 closing at 2.182 million, marking a significant decline from 6.0623 million in 2013. The largest annual decrease occurred in 2014, with a substantial drop of over 20%. Although there was a brief positive turnaround in 2018, the overall 5-year CAGR from 2018 to 2023 was -10.51%, indicating a persistent negative trajectory.
Future trends to watch for include potential shifts in consumer preference towards sustainable fabrics, digitalization, and online retail channels, which may disrupt traditional sales and influence market dynamics.
