Between 2013 and 2023, the underwear market in Spain has shown significant fluctuations in volume. Notably, 2014 experienced a substantial increase of 12.59% in volume, while 2020 saw a sharp decline of 19.28%, largely attributable to the global pandemic. More recently, the market has displayed stable growth, with a 0.25% increase in both 2022 and 2023. In 2023, the market volume stood at 814.26 million units.

Future performance is projected to be steady with moderate growth. From 2024 to 2028, the market is forecasted to grow at a compound annual growth rate (CAGR) of 0.2%, culminating in a market volume of 824.8 million units by 2028.

Future Trends to Watch For:

The impact of sustainability initiatives and eco-friendly materials on consumer preferences.
Technological advancements in fabric and design, offering enhanced comfort and functionality, may drive demand.
Potential shifts in market dynamics due to changes in demographics and lifestyle trends.