The UK underwear market size per capita is forecasted to gradually decline from 18.06 in 2024 to 17.27 in 2028. This indicates a marginal reduction in volume per capita over the forecast period. In 2023, the actual figures stood slightly higher, suggesting a contraction trend commencing from 2024.
Year-on-year variation highlights a consistent downward trajectory, predominantly reflecting a stable market contraction. The compound annual growth rate (CAGR) over the next five years underscores a slow pace of decline.
Future trends to watch for:
- Consumer preferences shifting towards sustainable and durable materials potentially impacting volume sales.
- Increasing influence of e-commerce could alter purchasing behaviors, influencing volume per capita.
- Potential demographic changes, such as an aging population, affecting overall market demand.