New York, Sept. 26, 2018 (GLOBE NEWSWIRE) — According to a new bazaar address appear by Persistence Bazaar Research, blue-blooded “Men’s Underwear Market: BRIC to Witness Highest Advance by 2020”, the men’s underwear market is projected to annual for US$ 8,420.8 Mn by the end of 2015 at a CAGR of 5.8% from 2015 to 2020, to ability US$ 11 Bn by 2020.
There are about two types of men’s undergarments; one blazon covers the anatomy and the added covers the waist and legs. For undershirt, we accommodate vest, sleeved belong and beef vest. For briefs, we accommodate approved briefs, block and boxer shorts. Long underwear is adopted to action added amore to wearers during winters.
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Growing disposable income, alternative for branded underwear that action bigger fit and abundance are aloft factors fuelling appeal for exceptional underwear, thereby active the advance of the men’s underwear market. However, a aerial amount of antagonism and alternate bazaar in developing countries are aloft factors arrest the advance of the overall men’s underwear market. The men’s underwear bazaar is advancing to aggrandize at a CAGR of 5.8 % from 2015 to 2020, to ability US$ 11,167.6 Mn by 2020.
Men’s Underwear Bazaar Anecdotal by – By Administration Access – Online sales, Offline sales, Accumulation Merchant, Specialty Store, Monobrand Store, Others: https://www.persistencemarketresearch.com/market-research/underwear-market.asp
By region, BRIC bedeviled the bazaar with over 35% bazaar allotment and is accepted to abide ascendant throughout the anticipation period. Europe was the additional ascendant arena with 17.4% allotment in 2014. The men’s underwear bazaar in Europe and North America is accepted to aggrandize at CAGRs of 5.1% and 3.9% appropriately during the anticipation period. On the base of age group, the bazaar has been anecdotal into 15–25, 26–35, 36–45,
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