Authored By: Sarah
11 Jul 2024

 Hosiery Market Size to grow by USD 12.07 billion between 2024-2028

According to a research report “ Hosiery Market” by Product (Body stockings, Socks, Knee highs, Hold-ups, Others) Distribution Channel (Offline, Online) Geography (APAC, North America, Europe, Middle East and Africa, South America)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 12.07 billion, at a CAGR of  4.95% during the forecast period. The hosiery market has experienced significant growth due to the proliferation of retail and department stores. White-collar professionals' increasing emphasis on formal attire globally is anticipated to fuel this trend. Additionally, the surge in sports shoe sales has stimulated demand for specialized socks. Manufacturers are capitalizing on the growing consumer segment with diabetes by producing specialized socks, thereby enhancing market revenue during the forecast period. Keywords: hosiery market, retail stores, department stores, white-collar professionals, formal attire, global demand, sports shoes, specialized socks, consumer segment, diabetes, market revenue, forecast period.

Browse market data tables, figures, and in-depth TOC on “Hosiery Market” by Product (Body stockings, Socks, Knee highs, Hold-ups, Others) Distribution Channel (Offline, Online) Geography (APAC, North America, Europe, Middle East and Africa, South America) Global Forecast to 2028. Download Free Sample

 

By Product, the Body stockings segment is projected to dominate the market size in 2024

In the hosiery market landscape of 2023, offline distribution channels held a significant market share. Revenues were primarily driven by sales through hypermarkets, supermarkets, and franchised stores. To stay competitive, hosiery players expanded their product offerings in both local and global markets. Retailers employed strategies such as competitive pricing and diverse product assortments to attract consumers. Supermarkets and hypermarkets emerged as popular distribution channels due to their extensive product selections from various brands, providing consumers with ample choices.

By Distribution Channel, Offline  segment is expected to hold the largest market size for the year 2024

In the global hosiery market landscape of 2023, body stockings hold a significant market share. This trend is driven by the growing number of working women and their increasing disposable income, making body stockings a popular choice for convenience. Additionally, the emphasis on personal grooming and changing lifestyles have fueled demand for body stockings. Furthermore, the emergence of eco-friendly, biodegradable body stockings and their easy availability at retail outlets are anticipated to propel market expansion during the forecast period.

APAC is forecasted to hold the largest market size by region in 2024

In the APAC region, the hosiery market is poised for significant growth due to increasing disposable income and evolving consumer preferences. Urbanization and expanding economies have led to a surge in demand for advanced fabric care appliances, including hosiery. This trend is driven by a focus on personal hygiene and fashion, as well as the need to protect and maintain the durability and appearance of apparel. The cost-efficiency and effectiveness of hosiery solutions make them an attractive option for customers in the region.

The Hosiery Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • Acme McCrary Corp.
  • Atlantic Hosiery
  • Brown Dog Hosiery
  • Carolina Hosiery Inc.
  • Crescent Sock Co.
  • CSP International Fashion Group S.P.A
  • Embody Brands Ltd.
  • FALKE KGaA
  • FERAX Sp. z o. o
  • Fosun International Ltd.
  • G III Apparel Group Ltd.
  • Gildan Activewear SRL
  • Golden Lady Co. S.P.A
  • Hanesbrands Inc.
  • Heist Studios Ltd.
  • Iconix International
  • Jockey International Inc.
  • Mod and Shy
  • Skims Body Inc.
  • Spanx LLC
.

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Research Analysis Overview

The hosiery market encompasses a wide range of products, including undergarments, stirrup thighs, pattern over-the-knee socks, and various types of tights, such as striped thighs, Python print thighs, and leggings. Product innovation in the hosiery sector continues to evolve, with the introduction of anti-bacterial sanitized yarn and organic commodities. Consumers increasingly prioritize self-grooming and fashion & lifestyle changes, leading to a surge in demand for hosiery items. Private labels have gained significant traction in the e-commerce sector, offering a diverse selection of hosiery products made from Spandex, Nylon, and Elastic fabrics. These materials provide comfort, durability, and flexibility, making them popular choices for consumers. The hosiery market includes various categories, such as stockings, tights, leg warmers, socks, and pantyhose (tights). As trends shift, so too do the offerings in the market, ensuring that consumers have access to the latest styles and innovations. Overall, the hosiery market continues to grow, catering to the diverse needs and preferences of consumers.

Market Research Overview

The hosiery market encompasses a wide range of products, including stylish intimate clothing, casual dress codes, and various types of hosiery legwear apparel. These include sheer hosiery products, such as stockings and tights, available in designs like stirrup thighs, pattern over-the-knee socks, and python print thighs. Hosiery is not only essential for fashion and warmth but also offers benefits like infection prevention, sweat absorption, and breathability. Consumer shopping time has significantly increased due to the rise of e-tailors and e-commerce retail stores. Private labels cater to the needs of children, adult women, and adult men, offering a variety of materials like acrylic, silk, wool, and cotton. Hosiery legwear apparel is also used in healthcare, entertainment, sport and fitness, and fashion industries. Adaptive textiles, with strong elasticity and weather-adaptive fabric, are increasingly popular. Hosiery products are designed to address issues like leg fatigue, varicose veins, and fungal infections, ensuring comfort and flexibility. Lightweight fabrics, high moisture absorbency, and free airflow are essential features for hosiery. Biodegradable yarns, made from organic commodities like cotton and biodegradable fibers, are gaining popularity due to their eco-friendliness. Raw material pricing and fabric care solutions are crucial factors in the hosiery market. Hosiery is used in various industries, from upholstery and curtains to household items, demonstrating its versatility.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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