In 201, the underwear market in the UK is worth about 5.5 billion U.S. dollars, forecast to rise to almost seven billion by 2026. The main driver in the market has been revenue generated through sales of women's underwear.
Manufacture and trade of underwear
The United Kingdom is a manufacturer of underwear, although sales figures from undergarments are ailing. Since 2008, more than half of sales from the manufacture of underwear in the UK collapsed. As far as the trade of underwear is concerned, the majority of imports of underwear comes from overseas markets. In 2020, the value of underwear for men and boys imported from non-EU markets, for instance, was over 40 million pounds more than those dispatched from the EU.
Women’s underwear
The same goes for women’s underwear. Overall, the import value of women’s undergarments for various categories was considerably greater than that for men. All categories of women’s intimate apparel included, the UK imported almost 750 million British pounds worth of underwear in 2019, with bras being the highest valued item of all.
Revenue of the underwear market segment in the United Kingdom (UK) from 2013 to 2026
(in million U.S. dollars)
Market Definition: The market for Underwear encompasses articles of clothing that are worn beneath the outerwear. This market is divided into women’s underwear (including corsetry) and men’s underwear and children's underwear".
Data is shown using current exchange rates.
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Statista. (October 15, 2021). Revenue of the underwear market segment in the United Kingdom (UK) from 2013 to 2026 (in million U.S. dollars) [Graph]. In Statista. Retrieved May 18, 2022, from https://www.statista.com/statistics/756953/underwear-market-revenue-united-kingdom-uk/
Statista. "Revenue of the underwear market segment in the United Kingdom (UK) from 2013 to 2026 (in million U.S. dollars)." Chart. October 15, 2021. Statista. Accessed May 18, 2022. https://www.statista.com/statistics/756953/underwear-market-revenue-united-kingdom-uk/
Statista. (2021). Revenue of the underwear market segment in the United Kingdom (UK) from 2013 to 2026 (in million U.S. dollars). Statista. Statista Inc.. Accessed: May 18, 2022. https://www.statista.com/statistics/756953/underwear-market-revenue-united-kingdom-uk/
Statista. "Revenue of The Underwear Market Segment in The United Kingdom (Uk) from 2013 to 2026 (in Million U.S. Dollars)." Statista, Statista Inc., 15 Oct 2021, https://www.statista.com/statistics/756953/underwear-market-revenue-united-kingdom-uk/
Statista, Revenue of the underwear market segment in the United Kingdom (UK) from 2013 to 2026 (in million U.S. dollars) Statista, https://www.statista.com/statistics/756953/underwear-market-revenue-united-kingdom-uk/ (last visited May 18, 2022)