The Hosiery Market is segmented by Product (Body stockings, Socks, Knee highs, Hold-ups, and Others), Distribution Channel (Offline and Online), and Geography (APAC, North America, Europe, Middle East and Africa, and South America). As per the Global Forecast research report 2024-2028 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. There are several companies that are contributing to the market as per this report. Increasing demand for socks in healthcare industry .
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.
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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.
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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.
The hosiery market, as per Technavio, falls under the broader category of the global apparel, accessories, and luxury goods market. This market encompasses businesses involved in the production and distribution of apparel, accessories, and luxury goods, including rental services, excluding footwear manufacturers. The market's size is determined by the consolidated revenues of textiles, apparel, footwear, accessories, and luxury goods manufacturers and marketers. The market's expansion is attributed to the growing working women population, boosting household disposable income and consumer spending on apparel, accessories, and luxury goods. - The Hosiery Market is experiencing significant growth, fueled by the . Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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