U.S. Thermal Underwear Market Size, Forecast, Consumption, Regional Demand
Market Scenario
As per Market
Research Future (MRFR) analysis, the U.S. thermal underwear market 2020 is
study for the evaluation period till 2030. By 2030, the US thermal underwear
market value is expected to touch USD 1130.3 Mn. The increasing demand for
thermal underwear can cause the market to surge at 6.41% CAGR through the
forecast period.
The growing
preference for thermal underwear among customers that can keep them warm and
comfortable can support the expansion of the regional market across the
analysis period. The availability of thermal underwear in different fittings
can boost the market expansion. The rise in the adoption of leggings, socks,
nightwear, and sports & leisure wear can support expansion of the market
across the review period. In addition, the availability of different category
of women’s inners, men’s inners, and kid’s inners fabricated of cotton, and
cotton-polyester-blend fabric among others are expected to support the
expansion of the thermal underwear among other through the analysis period.
Robust economic growth, increase in the demand for comfortable garments among
large and prosperous middle class, rise in the number of consumers’, and
growing rate of urban migration can support the expansion of the thermal
underwear market across the study period in the analysis period.
Key Players
Calvin Klein,
Inc. (U.S.), Emporio Armani (U.S.), Alfani (U.S.), L.L.Bean (U.S.), Hanes Brands,
Inc. (U.S.), Jockey International, Inc. (U.S.), Under Armour, Inc. (U.S.), and
Smartwool LLC (U.S.) are some reputed players in the U.S.
thermal underwear market that are recognized by MRFR.
Market
Segment
The segment
analysis of the U.S. thermal underwear market size is done by gender,
distribution channel, and product underwear.
The gender-based
segments of the U.S. thermal underwear market are women, men, and kids. The men
segment can earn revenue of about USD 467.3 Mn at 6.12% CAGR by the end of the
analysis period. The retail price point segment can win about $10 to $50 and
dominate the global market. This segment is expected to touch USD 766.3 Mn at 6.86%
CAGR by 2022. The U.S. thermal underwear market share segments that are based
on product category are bottom, tops, and sets. The distribution channel-based
segments of the U.S. thermal underwear market are departmental stores, mass,
and specialty among others. There are several other causes that can boost
annual turnover of the market.
Regional
Analysis
The U.S.
thermal underwear market analysis is done across Midwest, west, South,
and New England, along with Southwest and Middle Atlantic. The Midwest region
can dominant the market across the review period throughout the analysis period
from 2017 to 2022. The regional market is likely to value USD 361.6 million by
2022 at 8.38% CAGR across the review period. The west region can surge at 7.50%
CAGR across the assessment period. The expansion of the market in west region
can be attributed to the existence of cold temperature and escalation of
disposable income of high-end consumers.
In the Midwest,
the market is likely to secure high value and dominant across the forecast
period. This region market can register about 8.38% CAGR by 2022. Also, the
west region is likely to hold about for approximately one fourth of the market
proportion of U.S. thermal underwear market forecast and the region is
estimated to reach USD 269.6 million by the end of 2022. The existence of
reputed key players that are observed to invest significantly in R&D and
are known to start bulk manufacture light weight thermal wears that offer
effective insulation and comfort can favor the market expansion.
Contact us:
Market Research Future (part of Wantstats Research and Media Private
Limited),
99 Hudson Street,5Th Floor, New York, New York 10013, United States
of America
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