Thermal Underwear Market Regional Analysis Focus

Thermal Underwear Market | Regional Analysis Focus on
Business Economy With Innovative Growth Forecast 2021 to 2023

Market overview

Thermal underwear are long underwear or long johns are
different as compared to ordinary underwear’s and are offering warmth, normal
to thin, and lightweight underwear. These undergarments include leggings,
socks, sports and leisures wear and nightwear. These thermal underwear are made
from cotton-polyester-blend fabric with a box weave texture but mostly the
union suit. They are also made of high-quality wool that is used for making
thermal underwear. The increase in the COVID-19 pandemic has led to the decrease
in the thermal underwear market.

Thermal underwear has been an essential product for the
customers and there has been various advancements in product development that
are coupled with it. The growth in the global thermal underwear market has been
consistent and with the improvement of living standards, the people’s
dependence on thermal underwear is gradually reducing and mostly the women are
paying more attention to their appearance and that has resulted in the downward
trend.

The global thermal
underwear market share report presents the growth projections of the
market with the growth rate of 6.2% from 2019 to 2024 and it will reach a
market value of USD 3.1 billion by 2024. The overall market is dependent on
various factors and with the increasing awareness of the product types such as
tops, bottoms and other clothing that is anticipated to grow the global thermal
underwear market.

Market segmentation

The overall thermal underwear market has seen numerous
variations in the past few years and the market can be segmented based on
product type, material type, end user, and distribution channel. As per the
market report, the thermal underwear market based on the type of material, can
be split into:

•             Bottoms

•             Sets

•             Tops

And on the basis of material type, the global thermal
underwear market can be divided into:

•             Synthetic

•             Cotton

•             Wool

•             Blend

And on the basis of end-user, the global market can be
classified as:

•             Women

•             Men

•             Unisex

Lastly, based on the distribution channel, the global
market can be bifurcated into:

•             Store-based

•             Non-store
based

And the store based can be further divided into:

•             Speciality
stores

•             Supermarkets
and hypermarkets

•             Others

To get more info: https://www.marketresearchfuture.com/press-release/thermal-underwear-market

Regional analysis

The regional study of the global thermal underwear market
has been done considering the key regions that play an important role in the
growth of the market. These main regions include Europe (Germany, UK),
Asia-Pacific (India, China, Japan), North America (Canada, US), Latin America
(Mexico, Brazil), Middle East, Africa and the Rest of the World.

As per the report, Asia-Pacific is expected to be a
significant player across the world based on the market share due to the rising
urbanization that demands the extensive use of good quality thermal underwear.

Industry news

Gildan Activewear Inc. has announced that it has joined
forces with different business partners by leveraging the manufacturing
facilities for producing non-medical face masks and isolation that is growing
the global fight against COVID-19 pandemic. The company is working with
customers in the channel for supporting major apparel and textile companies for
producing non-medical face masks that are supporting in fighting against
COVID-19.