The Hosiery Market is being driven by Rising demand for specialized sock products
The Hosiery Market is expected to grow at a CAGR of 5.1% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 13057.9 million. The rising prevalence of diabetes, coupled with sedentary lifestyles and unhealthy diets, has significantly increased the demand for diabetic hosiery. Diabetic socks, specifically, play a crucial role in maintaining foot health by keeping feet dry, reducing the risk of injury, and enhancing blood circulation. These socks incorporate advanced features such as gel padding that wicks away moisture and protects against injury, while also minimizing sensitivity and irritation. Furthermore, compression socks, which promote improved blood circulation and reduce swelling, have gained widespread popularity among individuals with venous disorders, post-surgical recovery needs, and athletes seeking performance benefits. The adoption of these hosiery products is expected to continue growing due to their proven health advantages.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
209 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.1% |
Market growth 2025-2029 |
USD 13057.9 million |
Market structure |
fragmentation |
YoY growth 2024-2025(%) |
4.8 |
Key countries |
US, China, Japan, India, UK, South Korea, Canada, Germany, Australia, and France |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Hosiery Market is driven by advancements in knitting technology, textile machinery, and fabric construction, which influence yarn properties, dyeing processes, and finishing techniques. Quality assurance and product testing are crucial for ensuring consumer preferences align with fashion trends in legwear and footwear styles. Material selection, production efficiency, cost reduction, and waste management are key considerations. Environmental impact, brand differentiation, customer segmentation, and market positioning are also essential factors in product lifecycle management and supply chain optimization. Innovative technologies like digital printing, 3D knitting, smart fabrics, technical textiles, and performance textiles featuring innovative yarns continue to shape the industry.
The global hosiery market is a segment of the larger textile industry, encompassing seamless and circular knitting machines for the production of compression hosiery and sheer hosiery. The textile market, which includes textiles used for fashion, technical, home furnishings, and other applications, excludes apparel, accessories, luxury goods, and footwear. According to Technavio, the global textiles, apparel, and luxury goods market will experience growth due to the increasing demand for geotextiles. As synthetic, permeable textiles manufactured using polymers like polyester, polypropylene, polyethylene, and polyamides, geotextiles are gaining popularity in various industries for their durability and versatility. This trend is expected to significantly contribute to the expansion of the hosiery market in the forecast period.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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