The men's or boys' underpants and briefs market in Finland, measured in volume per capita, stood at 1.26 in 2023, reflecting a gradual decline from previous years. Notably, the market demonstrated a fluctuation between 2013 and 2017 but entered a downward trend from 2019 onwards. The year-on-year variation from 2022 to 2023 showed a decrease of roughly 0.79%. Over the last five years, the compound annual growth rate (CAGR) indicates an average decline, reflecting persistent challenges in maintaining growth within this segment.
Future trends to watch include:
- Emergence of sustainable and eco-friendly textile options that may drive innovation and demand.
- Potential impact of changing consumer preferences towards premium, designer, or more functional undergarments.
- Effects of economic factors on consumption patterns as inflationary pressures and disposable income changes could influence purchasing behavior.