Description
Thermal Underwear Market—Forecast till 2028
Market Overview
The thermal underwear market is evaluated to beat a USD 9,827.0 million by 2028 to record a CAGR of 3.61% during the review period. These sorts of innerwear trap the body warm and don’t allow it to getaway. There are various sorts of thermal underwear accessible on the lookout, like nightwear, sports, and casual clothing, tights, and socks.
Thermal underwear is accessible for men, ladies, just as for youngsters. Be that as it may, to make a shopper base, makers are offering unisex items. The expanding popularity of thermal underwear is attributed to the outrageous climatic conditions among shoppers is driving the development of the worldwide thermal underwear market. Moreover, the solid exhibition of the retail area in the market is driving further market expansion.
The popularity of thermal underwear due to the intense climatic conditions among customers is significantly driving the development of the worldwide thermal underwear market. The solid exhibition of the retail area in the market is likewise expected to add to the market development. Also, the impact of online media, imaginative advertising methodologies, and item dispatches are making a deft market for the players to develop and grow.
Be that as it may, the commonness of the disorderly area and greater costs of thermal underwear in the market are relied upon to limit the development of the market. Moreover, low familiarity with the item in agricultural countries causes a difficult circumstance for the players in the thermal underwear market.
Segment Overview
The global thermal underwear market has been divided into product type, Material Type, End-user, and Distribution channel.
By product type, the global market has been segregated into tops, bottoms, and sets. In terms of material type, the global thermal underwear market has been categorized into cotton, synthetic, wool, and blends.
The end-user segment classifies the global thermal underwear market into men, women, and kids.
By distribution channel, the global market has been bifurcated into store-based and non-store-based. The store-based sub-segment is further divided into supermarkets & hypermarkets, specialty stores, and others.
Regional Analysis
Geographically, the global thermal underwear market has been studied across North America, Europe, Asia-Pacific, and the Rest of the World.
North America accounted for the biggest market share of 32.50% of the global thermal underwear market in 2020 and is expected to register at a 3.52% CAGR during the review period.
The regional market growth is attributed to the rising working women population in the US is anticipated to act as one of the significant factors for the increasing growth of the thermal underwear market. Additionally, the growing thermal underwear product portfolio of major manufacturers, and innovations in the designs, colors, and materials in thermal underwear are expected to propel the global market growth during the review period.
Major Players
The major players operating in the global thermal underwear market are PVH Corp. (US), HanesBrands Inc (US), Marks and Spencer plc (UK), Jockey International, Inc (US), Under Armour, Inc. (US), Smartwool LLC (US), L.L. Bean Inc. (US), Fruit of the Loom, Inc. (US), BodTek (US), and Thermajohn (US).
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries.
Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
Related reports:
U.S. Thermal Underwear Market Research Report- Forecast to 2022
Table of Contents
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 15
1.1 MARKET ATTRACTIVENESS ANALYSIS 16
1.1.1 GLOBAL THERMAL UNDERWEAR MARKET, BY PRODUCT TYPE 17
1.1.2 GLOBAL THERMAL UNDERWEAR MARKET, BY MATERIAL TYPE 18
1.1.3 GLOBAL THERMAL UNDERWEAR MARKET, BY END USER 19
1.1.4 GLOBAL THERMAL UNDERWEAR MARKET, BY DISTRIBUTION CHANNEL 20
1.1.5 GLOBAL THERMAL UNDERWEAR MARKET, BY REGION 21
2 MARKET INTRODUCTION 22
2.1 SCOPE OF THE STUDY 22
2.2 RESEARCH OBJECTIVE 22
2.3 MARKET STRUCTURE 23
2.4 KEY BUYING CRITERIA 23
3 RESEARCH METHODOLOGY 24
3.1 RESEARCH PROCESS 24
3.2 PRIMARY RESEARCH 25
3.3 SECONDARY RESEARCH 26
3.4 MARKET SIZE ESTIMATION 27
3.5 FORECAST MODEL 28
3.6 LIST OF ASSUMPTIONS & LIMITATIONS 29
4 MARKET INSIGHTS 30
5 MARKET DYNAMICS 32
5.1 INTRODUCTION 32
5.2 DRIVERS 33
5.2.1 EXTREME CLIMATIC CONDITIONS 33
5.2.2 STRONG PERFORMANCE OF THE RETAIL SECTOR 33
5.2.3 DRIVERS IMPACT ANALYSIS 33
5.3 RESTRAINT 34
5.3.1 PREVALENCE OF UNORGANIZED SECTOR 34
5.3.2 RESTRAINTS IMPACT ANALYSIS 34
5.4 OPPORTUNITIES 34
5.4.1 INFLUENCE OF SOCIAL MEDIA AND INNOVATIVE MARKETING STRATEGIES 34
5.4.2 PRODUCT INNOVATIONS 35
5.5 CHALLENGES 35
5.5.1 LOW AWARENESS OF PRODUCT IN DEVELOPING NATIONS 35
6 MARKET FACTOR ANALYSIS 36
6.1 VALUE CHAIN ANALYSIS 36
6.1.1 RAW MATERIAL PROCUREMENT 38
6.1.2 PROCESSING 38
6.1.3 PACKAGING 38
6.2 SUPPLY CHAIN ANALYSIS 39
6.3 PORTER’S FIVE FORCES MODEL 40
6.3.1 THREAT OF NEW ENTRANTS 40
6.3.2 BARGAINING POWER OF SUPPLIERS 41
6.3.3 THREAT OF SUBSTITUTES 41
6.3.4 BARGAINING POWER OF BUYERS 41
6.3.5 INTENSITY OF RIVALRY 41
6.4 IMPACT OF THE COVID-19 OUTBREAK ON GLOBAL THERMAL UNDERWEAR MARKET 42
6.4.1 OVERVIEW 42
6.4.2 IMPACT ON PRODUCTION 42
6.4.3 IMPACT ON SUPPLY CHAIN 42
6.4.4 IMPACT ON CONSUMER BUYING BEHAVIOR 42
6.4.5 IMPACT ON SALES (STORE-BASED VS ONLINE) 43
7 GLOBAL THERMAL UNDERWEAR MARKET, BY PRODUCT TYPE 44
7.1 OVERVIEW 44
7.1.1 GLOBAL THERMAL UNDERWEAR MARKET ESTIMATES & FORECAST, BY PRODUCT TYPE, 2019–2028 45
7.2 TOPS 46
7.2.1 TOPS: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 46
7.3 BOTTOMS 47
7.3.1 BOTTOMS: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 47
7.4 SETS 48
7.4.1 SETS: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 48
8 GLOBAL THERMAL UNDERWEAR MARKET, BY MATERIAL TYPE 49
8.1 OVERVIEW 49
8.1.1 GLOBAL THERMAL UNDERWEAR MARKET ESTIMATES & FORECAST, BY MATERIAL TYPE, 2019–2028 50
8.2 COTTON 51
8.2.1 COTTON: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 51
8.3 SYNTHETIC 52
8.3.1 SYNTHETIC: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 52
8.4 WOOL 53
8.4.1 WOOL: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 53
8.5 BLENDS 54
8.5.1 BLENDS: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 54
9 GLOBAL THERMAL UNDERWEAR MARKET, BY END USER 55
9.1 OVERVIEW 55
9.1.1 GLOBAL THERMAL UNDERWEAR MARKET ESTIMATES & FORECAST, BY END USER, 2019–2028 56
9.2 MEN 57
9.2.1 MEN: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 57
9.3 WOMEN 58
9.3.1 WOMEN: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 58
9.4 KIDS 59
9.4.1 KIDS: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 59
10 GLOBAL THERMAL UNDERWEAR MARKET, BY DISTRIBUTION CHANNEL 60
10.1 OVERVIEW 60
10.1.1 GLOBAL THERMAL UNDERWEAR MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2019–2028 61
10.2 STORE-BASED 62
10.2.1 STORE-BASED: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 62
10.3 NON-STORE-BASED 63
10.3.1 NON-STORE-BASED: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 63
11 GLOBAL THERMAL UNDERWEAR MARKET, BY REGION 64
11.1 OVERVIEW 64
11.1.1 GLOBAL THERMAL UNDERWEAR MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 65
11.2 NORTH AMERICA 66
11.2.1 US 69
11.2.2 CANADA 71
11.2.3 MEXICO 73
11.3 EUROPE 75
11.3.1 GERMANY 78
11.3.2 UK 80
11.3.3 FRANCE 82
11.3.4 SPAIN 84
11.3.5 ITALY 86
11.3.6 REST OF EUROPE 88
11.4 ASIA-PACIFIC 91
11.4.1 CHINA 94
11.4.2 JAPAN 96
11.4.3 INDIA 98
11.4.4 AUSTRALIA & NEW ZEALAND 100
11.4.5 REST OF ASIA-PACIFIC 102
11.5 REST OF THE WORLD 105
11.5.1 SOUTH AMERICA 108
11.5.2 MIDDLE EAST 110
11.5.3 AFRICA 112
12 COMPETITIVE LANDSCAPE 114
12.1 INTRODUCTION 114
12.1.1 MARKET STRATEGY ANALYSIS 114
12.2 COMPETITIVE BENCHMARKING 115
12.3 KEY DEVELOPMENTS & GROWTH STRATEGIES 116
12.3.1 EXPANSION 116
13 COMPANY PROFILES 117
13.1 PVH CORP. 117
13.1.1 COMPANY OVERVIEW 117
13.1.2 FINANCIAL OVERVIEW 118
13.1.3 PRODUCTS OFFERED 119
13.1.4 KEY DEVELOPMENTS 119
13.1.5 SWOT ANALYSIS 120
13.1.6 KEY STRATEGIES 120
13.2 HANESBRANDS INC 121
13.2.1 COMPANY OVERVIEW 121
13.2.2 FINANCIAL OVERVIEW 121
13.2.3 PRODUCTS OFFERED 122
13.2.4 KEY DEVELOPMENTS 123
13.2.5 SWOT ANALYSIS 124
13.2.6 KEY STRATEGIES 124
13.3 MARKS AND& SPENCER GROUP PLC 125
13.3.1 COMPANY OVERVIEW 125
13.3.2 FINANCIAL OVERVIEW 125
13.3.3 PRODUCTS OFFERED 126
13.3.4 KEY DEVELOPMENTS 127
13.3.5 SWOT ANALYSIS 127
13.3.6 KEY STRATEGIES 127
13.4 JOCKEY INTERNATIONAL, INC. 128
13.4.1 COMPANY OVERVIEW 128
13.4.2 FINANCIAL OVERVIEW 128
13.4.3 PRODUCTS OFFERED 128
13.4.4 KEY DEVELOPMENTS 129
13.4.5 SWOT ANALYSIS 130
13.4.6 KEY STRATEGIES 130
13.5 UNDER ARMOUR, INC. 131
13.5.1 COMPANY OVERVIEW 131
13.5.2 FINANCIAL OVERVIEW 131
13.5.3 PRODUCTS OFFERED 132
13.5.4 KEY DEVELOPMENTS 133
13.5.5 SWOT ANALYSIS 134
13.5.6 KEY STRATEGIES 134
13.6 SMARTWOOL LLC 135
13.6.1 COMPANY OVERVIEW 135
13.6.2 FINANCIAL OVERVIEW 135
13.6.3 PRODUCTS OFFERED 136
13.6.4 KEY DEVELOPMENTS 136
13.6.5 KEY STRATEGIES 136
13.7 L.L.BEAN INC. 137
13.7.1 COMPANY OVERVIEW 137
13.7.2 FINANCIAL OVERVIEW 137
13.7.3 PRODUCTS OFFERED 137
13.7.4 KEY DEVELOPMENTS 138
13.7.5 KEY STRATEGIES 138
13.8 FRUIT OF THE LOOM, INC. 139
13.8.1 COMPANY OVERVIEW 139
13.8.2 FINANCIAL OVERVIEW 139
13.8.3 PRODUCTS OFFERED 140
13.8.4 KEY DEVELOPMENTS 140
13.8.5 KEY STRATEGIES 140
13.9 BODTEK 141
13.9.1 COMPANY OVERVIEW 141
13.9.2 FINANCIAL OVERVIEW 141
13.9.3 PRODUCTS OFFERED 141
13.9.4 KEY DEVELOPMENTS 141
13.9.5 KEY STRATEGIES 141
13.10 THERMAJOHN 142
13.10.1 COMPANY OVERVIEW 142
13.10.2 FINANCIAL OVERVIEW 142
13.10.3 PRODUCTS OFFERED 142
13.10.4 KEY DEVELOPMENTS 143
13.10.5 KEY STRATEGIES 143
14 APPENDIX 144
14.1 REFERENCES 144
14.2 RELATED REPORTS 144