Underwear is clothing that is worn under other clothing and is commonly worn adjacent to the skin. They keep sweat from getting on your outerwear. They also help to form the body and offer support for various sections of it, as well as keep the wearer warm in cold weather. Underwear can be utilised to protect a person's modesty while still making them appear sexy. Religious significance is attached to some types of undergarments. Some garments are designed to be worn as underwear only, whereas others, such as T-shirts and certain types of shorts, can be worn as both underwear and outerwear. Some varieties of underwear can be used as nightwear or swimwear if they are made of the right fabric. Because only a few people will see it, underwear is one of the most intimate and personal decisions in menswear. It is worn every day, all day, directly next to the skin. As a result, while many men prefer one type of underwear over another, it makes more sense to choose the style based on the day's activity.
In terms of revenue, the global men's underwear market is expected to surpass US$ 16.5 billion by the end of 2027, rising at a CAGR of 5.8% over the forecast period (2020-2027). The market for men's underwear is predicted to rise due to the increasing penetration of organised retail around the world. The market for men's underwear is predicted to rise due to rising disposable income and an increasing metrosexual male population who are spending more on trendy products. Men's underwear market growth is predicted to be aided by rising demand for underwear as a necessity and for comfort reasons.
The hosiery business is a long-standing textile industry with significant potential in both the domestic and international markets. The market for hosiery underwear is growing due to its numerous benefits. Cotton underwear is popular among all socioeconomic groups due to its high absorbency, low cost, and widespread availability. These foundation garments are used by people all year round in a variety of weather circumstances. It is expected that the marketing of high-quality knitted underwear will be straightforward.
Few Indian Major Players
1. Bodycare International Ltd.
2. Dollar Industries Ltd.
3. J C Penney Services India Pvt. Ltd.
4. Seeds Intimate Apparel India Pvt. Ltd.
5. Shakthi Knitting Pvt. Ltd.
6. Triumph International (India) Pvt. Ltd.