As per Market Research Future (MRFR) Analysis, U.S. Thermal Underwear Industry 2020 is study for the evaluation period till 2022. 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.
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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.
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 Industry that are recognized by MRFR.
The Segment Analysis of the U.S. Thermal Underwear Industry is done by gender, distribution channel, and product underwear.
The gender-based segments of the U.S. Thermal Underwear Industry 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 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.
The U.S. thermal underwear market analyzed 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 2020 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, U.S. Thermal Underwear Industry 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 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.
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