U.S. Men’s Underwear Market Share Analysis and Research Report by 2027
Coherent Market Insights answers what are the scenarios for growth and recovery and whether there will be any lasting structural impact from the unfolding crisis for the U.S. Men’s Underwear market.
Coherent Market Insights presents an updated and Latest Study on “U.S. Men’s Underwear Market 2020-2027”. The report contains market predictions related to market size, revenue, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. The report further elaborates on the micro and macroeconomic aspects including the socio-political landscape that is anticipated to shape the demand of the U.S. Men’s Underwear market during the forecast period (2020-2027).
It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary, and SWOT analysis.
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Competitive Section
Key players active in the global U.S. Men’s Underwear market are Hanes Brands Inc., Philips-Van Heusen Corporation American eagle outfitter Inc., Ralph Lauren Corporation, Jockey International Inc., and Gildan Activewear Inc.
Market Drivers
Growing awareness regarding personal hygiene among the male population of the U.S. is expected to propel the market growth over the forecast period. Moreover, a growing young population who are more active and play sports games and go to gyms prefer wearing functional underwear as they have various advantages as compared to traditional intimate apparel. This is expected to accelerate market growth over the forecast period.
The growing household income of the population in the U.S. is expected to foster market growth. According to the Data USA, in 2018, the United States had a population of 327 million people with a median age of 38.2 and a median household income of US$ 61,937. Between 2017 and 2018 the population of the United States grew from 326 million to 327 million, a 0.445% increase, and its median household income grew from US$ 60,336 to US$ 61,937, a 2.65% increase. Hence, an increase in household income is projected to fuel the men’s underwear market in the country.
Regionally, Northeast region dominated the U.S. men’s underwear market in 2018, reporting 40% market share in terms of revenue, followed by West and South regions, respectively.
Promising Regions & Countries Mentioned In The U.S. Men’s Underwear Market Report:
- North America ( United States)
- Europe ( Germany, France, UK)
- Asia-Pacific ( China, Japan, India)
- Latin America ( Brazil)
- The Middle East & Africa
In this study, the years considered to estimate the market size of U.S. Men’s Underwear are as follows:
History Year: 2014-2019
Base Year: 2020
Estimated Year: 2020
Forecast Year 2020 to 2027
Objectives of this report:
- To estimate the market size for the U.S. Men’s Underwear market on a regional and global basis.
- To identify major segments in the U.S. Men’s Underwear market and evaluate their market shares and demand.
- To provide a competitive scenario for the U.S. Men’s Underwear market with major developments observed by key companies in the historic years.
- To evaluate key factors governing the dynamics of the U.S. Men’s Underwear market with their potential gravity during the forecast period.
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What will you get in this report?
- An exhaustive analysis of the global U.S. Men’s Underwear market with detailed studies on different topics that will help key players to create effective development strategies and strengthen a strong position in the U.S. Men’s Underwear industry.
- It gives a complete mapping of the behaviors of U.S. Men’s Underwear market contributors and the vendor landscape. Existing companies could use the report to prepare themselves well to face future market challenges and strongly compete in the global U.S. Men’s Underwear market.
- Also, the analysts have provided a thorough assessment of the impact of these strategies on U.S. Men’s Underwear market growth and competition and many more
- A competitive portfolio of U.S. Men’s Underwear market in the different regions including their growth factors, pitfall challenges, investment structure, advancement in all aspects, customer base etc.
Important questions pertaining to the U.S. Men’s Underwear market catered to in the report:
- What is the projected revenue generated by the U.S. Men’s Underwear market in 2019?
- What are the future prospects of the U.S. Men’s Underwear market?
- What is the scope for innovation in the U.S. Men’s Underwear market?
- How have government policies impacted the growth of the U.S. Men’s Underwear market?
- Which region has the highest concentration of tier 1 companies?
Reasons to Buy From U.S. Men’s Underwear Market Report:
- Top-quality customized studies
- Primary interviews conducted to collect data
- Exceptional pre-sales and after-sales support
- Business insights aimed to empower businesses
- Covering over 10 industrial verticals
Finally, the U.S. Men’s Underwear Market Industry Report explains the market perspective for calculating sales in different segments and, with the growth of the market, also adheres to highly visible investment plans for U.S. Men’s Underwear Market. Hence report helps the customers to expand their business of Global U.S. Men’s Underwear Market across the globe with strategic ideas. Moreover, reports to achieve the targeted goals of the consumers.
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About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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