The market for Men's or Boys' Underpants and Briefs of Knitted or Crocheted Textiles in Italy experienced fluctuations over the past decade, with a volume of 96.877 million in 2023. Despite a notable decline between 2015-2021, a resurgence occurred in 2022, marked by a significant 33.85% year-on-year growth. The following year, 2023, continued modest growth with a 2.45% increase. However, the compound annual growth rate over the last five years remains slightly negative at -0.87%, underlining persisting volatility.
Future trends to watch:
- Recovery from economic impacts such as the COVID-19 pandemic influencing purchasing behaviors.
- Growing consumer preference for sustainable and eco-friendly textile options.
- Increasing online retail presence and digital market strategies shaping market growth.