Underwear market revenue in the United Kingdom (UK) 2018-2029
In 2024, the underwear market in the UK was estimated to be worth about 1.3 billion U.S. dollars, which was forecast to rise to almost 1.7 billion by 2027. 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, a considerable amount of underwear is imported from overseas markets. In 2022, the value of underwear for men and boys imported from non-EU markets, for instance, was worth almost 190 million pounds, which was over 100 million 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 over 600 million British pounds worth of underwear in 2022, with bras being the highest valued item of all.