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.
Revenue of the underwear market segment in the United Kingdom (UK) from 2018 to 2029
(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 28, 2024). Revenue of the underwear market segment in the United Kingdom (UK) from 2018 to 2029 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, 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 2018 to 2029 (in million U.S. dollars)." Chart. October 28, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/756953/underwear-market-revenue-united-kingdom-uk/
Statista. (2024). Revenue of the underwear market segment in the United Kingdom (UK) from 2018 to 2029 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. 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 2018 to 2029 (in Million U.S. Dollars)." Statista, Statista Inc., 28 Oct 2024, 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 2018 to 2029 (in million U.S. dollars) Statista, https://www.statista.com/statistics/756953/underwear-market-revenue-united-kingdom-uk/ (last visited November 21, 2024)
Revenue of the underwear market segment in the United Kingdom (UK) from 2018 to 2029 (in million U.S. dollars) [Graph], Statista, October 28, 2024. [Online]. Available: https://www.statista.com/statistics/756953/underwear-market-revenue-united-kingdom-uk/