Product Code: ETC213515 | Publication Date: May 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 |
South Korea Men`S Underwear market currently, in 2023, has witnessed an HHI of 2463, Which has increased slightly as compared to the HHI of 2262 in 2017. The market is moving towards moderately competitive. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The South Korea men`s underwear market is a dynamic and competitive industry driven by factors such as fashion trends, quality preferences, and changing consumer lifestyles. The market is characterized by a wide range of products including boxers, briefs, trunks, and more, catering to diverse consumer needs. Key players in the market offer innovative designs, materials, and features to attract customers, with a focus on comfort, functionality, and style. E-commerce channels have gained significant popularity, providing consumers with convenient shopping options and a wide selection of brands. Brand loyalty and promotions play a crucial role in shaping consumer preferences in this market, with a growing emphasis on sustainability and eco-friendly practices. Overall, the South Korea men`s underwear market continues to evolve to meet the demands of modern consumers seeking both comfort and style in their undergarments.
In the South Korea men`s underwear market, there is a growing trend towards premium quality and comfort. Consumers are increasingly seeking underwear made from high-quality materials such as modal, micro modal, and bamboo fabrics, known for their softness and moisture-wicking properties. Brands that focus on innovative designs, seamless construction, and ergonomic fits are gaining popularity among South Korean men. Additionally, eco-friendly and sustainable practices are becoming important factors for consumers, leading to an increased demand for organic cotton and recycled materials in men`s underwear. Online shopping for men`s underwear is also on the rise, with a preference for convenient and discreet purchasing options. Overall, the South Korea men`s underwear market is seeing a shift towards comfort, quality, sustainability, and convenience.
In the South Korea Men`s Underwear Market, challenges include intense competition from both domestic and international brands, leading to price wars and margin pressure. Additionally, changing consumer preferences and fashion trends require companies to constantly innovate and offer new designs to stay relevant. Cultural norms and perceptions around men`s underwear also play a role in shaping consumer behavior, influencing factors such as style, fabric preferences, and brand perception. Retail channels and distribution strategies can pose challenges in reaching target customers effectively, especially with the rise of e-commerce and changing shopping habits. Overall, navigating these challenges requires brands in the South Korea Men`s Underwear Market to have a deep understanding of consumer preferences, invest in marketing and branding strategies, and stay agile in a rapidly evolving market landscape.
The South Korea Men`s Underwear Market presents various investment opportunities due to the growing demand for high-quality, fashionable, and comfortable undergarments among the male population. With changing consumer preferences and increasing awareness of style and comfort, there is a rising trend towards premium and innovative men`s underwear products. Investors can capitalize on this trend by exploring opportunities in the premium segment, introducing eco-friendly and sustainable options, leveraging technology for smart undergarments, and focusing on online retail channels to reach a wider customer base. Collaborations with popular fashion brands, influencers, and athletes can also help in enhancing brand visibility and market penetration. Overall, the South Korea Men`s Underwear Market offers prospects for investors to tap into the evolving consumer preferences and drive growth through product innovation and strategic marketing initiatives.
Government policies related to the South Korea Men`s Underwear Market primarily focus on quality control, safety standards, and consumer protection. The government enforces strict regulations on the manufacturing and labeling of men`s underwear to ensure that products meet certain standards for materials, sizing, and durability. Additionally, there are policies in place to protect consumers from false advertising and ensure transparent pricing practices within the market. The South Korean government also promotes fair competition among domestic and international brands operating in the men`s underwear market, aiming to foster innovation and provide consumers with a variety of choices. Overall, the government`s policies in this sector aim to maintain high product quality, protect consumer interests, and promote a competitive and healthy market environment for men`s underwear in South Korea.
The South Korea Men`s Underwear Market is expected to witness steady growth in the coming years due to increasing fashion consciousness among men, changing consumer preferences towards more comfortable and functional innerwear, and a growing focus on personal grooming. The market is likely to be driven by innovative product offerings, such as moisture-wicking fabrics, anti-bacterial properties, and sustainable materials. E-commerce platforms are expected to play a significant role in expanding market reach and providing consumers with a wide range of choices. Additionally, the rising disposable income levels and evolving lifestyle trends in South Korea are anticipated to contribute to the growth of the men`s underwear market, with a shift towards premium and designer brands becoming more prominent. Overall, the future outlook for the South Korea Men`s Underwear Market appears promising with opportunities for both local and international players to capitalize on the growing demand for high-quality, fashionable innerwear products.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 South Korea Men's Underwear Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Men's Underwear Market Revenues & Volume, 2021 & 2031F |
3.3 South Korea Men's Underwear Market - Industry Life Cycle |
3.4 South Korea Men's Underwear Market - Porter's Five Forces |
3.5 South Korea Men's Underwear Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 South Korea Men's Underwear Market Revenues & Volume Share, By Category, 2021 & 2031F |
3.7 South Korea Men's Underwear Market Revenues & Volume Share, By Size, 2021 & 2031F |
3.8 South Korea Men's Underwear Market Revenues & Volume Share, By Age Group, 2021 & 2031F |
3.9 South Korea Men's Underwear Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 South Korea Men's Underwear Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing awareness about fashion trends and style among South Korean men |
4.2.2 Increasing focus on personal grooming and hygiene |
4.2.3 Rise in disposable income leading to higher spending on premium men's underwear products |
4.3 Market Restraints |
4.3.1 Cultural norms and societal perceptions impacting men's underwear choices |
4.3.2 Competition from international brands in the South Korean market |
4.3.3 Economic uncertainties affecting consumer spending patterns |
5 South Korea Men's Underwear Market Trends |
6 South Korea Men's Underwear Market, By Types |
6.1 South Korea Men's Underwear Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 South Korea Men's Underwear Market Revenues & Volume, By Material Type, 2021 - 2031F |
6.1.3 South Korea Men's Underwear Market Revenues & Volume, By Cotton, 2021 - 2031F |
6.1.4 South Korea Men's Underwear Market Revenues & Volume, By Wool, 2021 - 2031F |
6.1.5 South Korea Men's Underwear Market Revenues & Volume, By Silk, 2021 - 2031F |
6.1.6 South Korea Men's Underwear Market Revenues & Volume, By Polyester, 2021 - 2031F |
6.1.7 South Korea Men's Underwear Market Revenues & Volume, By Rayon, 2021 - 2031F |
6.1.8 South Korea Men's Underwear Market Revenues & Volume, By Linen, 2021 - 2031F |
6.1.9 South Korea Men's Underwear Market Revenues & Volume, By Others, 2021 - 2031F |
6.1.10 South Korea Men's Underwear Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 South Korea Men's Underwear Market, By Category |
6.2.1 Overview and Analysis |
6.2.2 South Korea Men's Underwear Market Revenues & Volume, By Regular Brief, 2021 - 2031F |
6.2.3 South Korea Men's Underwear Market Revenues & Volume, By Boxer Brief, 2021 - 2031F |
6.2.4 South Korea Men's Underwear Market Revenues & Volume, By Boxer Shorts, 2021 - 2031F |
6.2.5 South Korea Men's Underwear Market Revenues & Volume, By Trunks, 2021 - 2031F |
6.2.6 South Korea Men's Underwear Market Revenues & Volume, By Thongs, 2021 - 2031F |
6.3 South Korea Men's Underwear Market, By Size |
6.3.1 Overview and Analysis |
6.3.2 South Korea Men's Underwear Market Revenues & Volume, By XS, 2021 - 2031F |
6.3.3 South Korea Men's Underwear Market Revenues & Volume, By S, 2021 - 2031F |
6.3.4 South Korea Men's Underwear Market Revenues & Volume, By M, 2021 - 2031F |
6.3.5 South Korea Men's Underwear Market Revenues & Volume, By L, 2021 - 2031F |
6.3.6 South Korea Men's Underwear Market Revenues & Volume, By XL, 2021 - 2031F |
6.3.7 South Korea Men's Underwear Market Revenues & Volume, By XXL, 2021 - 2031F |
6.4 South Korea Men's Underwear Market, By Age Group |
6.4.1 Overview and Analysis |
6.4.2 South Korea Men's Underwear Market Revenues & Volume, By 15-25, 2021 - 2031F |
6.4.3 South Korea Men's Underwear Market Revenues & Volume, By 26-35, 2021 - 2031F |
6.4.4 South Korea Men's Underwear Market Revenues & Volume, By 46-55, 2021 - 2031F |
6.4.5 South Korea Men's Underwear Market Revenues & Volume, By 56-65, 2021 - 2031F |
6.4.6 South Korea Men's Underwear Market Revenues & Volume, By 65+, 2021 - 2031F |
6.5 South Korea Men's Underwear Market, By Sales Channel |
6.5.1 Overview and Analysis |
6.5.2 South Korea Men's Underwear Market Revenues & Volume, By Wholesalers/ Distributors, 2021 - 2031F |
6.5.3 South Korea Men's Underwear Market Revenues & Volume, By Hypermarkets/ Supermarkets, 2021 - 2031F |
6.5.4 South Korea Men's Underwear Market Revenues & Volume, By Specialty Stores, 2021 - 2031F |
6.5.5 South Korea Men's Underwear Market Revenues & Volume, By Multi-brand Stores, 2021 - 2031F |
6.5.6 South Korea Men's Underwear Market Revenues & Volume, By Online Retailers, 2021 - 2031F |
6.5.7 South Korea Men's Underwear Market Revenues & Volume, By Others, 2021 - 2031F |
7 South Korea Men's Underwear Market Import-Export Trade Statistics |
7.1 South Korea Men's Underwear Market Export to Major Countries |
7.2 South Korea Men's Underwear Market Imports from Major Countries |
8 South Korea Men's Underwear Market Key Performance Indicators |
8.1 Average selling price of men's underwear in South Korea |
8.2 Number of new product launches and innovations in the men's underwear segment |
8.3 Consumer sentiment towards men's underwear brands |
8.4 Online engagement and social media presence of men's underwear brands |
8.5 Adoption rate of sustainable and eco-friendly men's underwear options in the market |
9 South Korea Men's Underwear Market - Opportunity Assessment |
9.1 South Korea Men's Underwear Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 South Korea Men's Underwear Market Opportunity Assessment, By Category, 2021 & 2031F |
9.3 South Korea Men's Underwear Market Opportunity Assessment, By Size, 2021 & 2031F |
9.4 South Korea Men's Underwear Market Opportunity Assessment, By Age Group, 2021 & 2031F |
9.5 South Korea Men's Underwear Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 South Korea Men's Underwear Market - Competitive Landscape |
10.1 South Korea Men's Underwear Market Revenue Share, By Companies, 2024 |
10.2 South Korea Men's Underwear Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |