U.S Womens Lingerie and Mens Underwear Market Is Expected to Grow at a CAGR of 5.5% and 5.7% Between 2016 and 2024
Sales revenue from men's underwear and women's lingerie items is expected to grow in the U.S. over the next couple of years owing to factors such as higher importance to personal hygiene, increasing disposable income, evolving lifestyle, improved standard of living, and changing preferences of consumers. Most manufacturers are opting to outsource production in order gain economies of scale, moreover, labour cost and cost of raw materials are relatively higher in the U.S. as compared to developing countries. Hence, low-cost...
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