The market for men's and boys' underpants made of synthetic fibers in Slovakia has been on a declining trajectory, valued at 2.4727 million USD in 2023. The year began with 2014 marking a slight gain, peaking in 2013, but has primarily seen contractions. Notably, the years 2020 to 2023 reflect a consistent downturn, with 2020 having the steepest decline of 20.7%. Overall, the industry faced an average annual shrinkage of 4.58% over the last five years.
Looking forward, manufacturers should monitor shifts in consumer preferences toward sustainability, potential price fluctuations in synthetic materials, and technological advancement in fiber production for possible market revitalization.
