Global Hosiery Market (2017-2024)- Research Nester
Hosiery also referred to as legwear, describes the garments, worn directly on the feet and legs. The term hosiery is also being used for the type of knitted fabric, its weight and thickness. It is manufactured in a wide range of fabric weights, knits and colors. In general, heavier weight fabrics are stronger and more durable, but are thicker and show less of the natural skin tone. On the other hand, lighter garments look and feel more luxurious but are not strong as compared to the heavier ones. The hosiery includes categories such as sheers, support hosiery, control tops, opaques, tights, stay-ups, stockings, maternity pantyhose and run-resistant garments. Sheers are made with lightweight fabric composed of very fine yarn, usually nylon.
Market Size and Forecast
The global hosiery market is expected to expand at a CAGR of 3.5% during forecast period i.e. 2017-2024. Rising personal disposable income along with changing lifestyle is anticipated to expand the growth of global hosiery market during the forecast period. Apart from this, propagation of modern retail formats such as supermarkets, discount stores, and pharmacy stores is resulting in increasing product visibility.
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This enables easier accessibility to clothing products such as hosiery to consumers. The increasing sales from online commerce sector is further fuelling the growth of global hosiery market as it saves the time of buyers and offer various discounts on the products. Moreover, the growth of the market is also driven by factors such as style and comfort offered by the hosiery products. This is due to the changing fashion trends that keeps consumer interested in purchasing goods that are more comfortable and keep them up to date with the latest fashion and style.
Market Segmentation
Our in-depth analysis of the global hosiery market includes the following segments:
By Product Type
Tights
Stay-ups
Leggings
Knee highs
Socks
Foot Protectors
Opaques
Pyjamas
Stockings
Pantyhose
Over knees
Stocking Belts
By Gender
Men
Women
By Price Range
Premium
Mid
Low
By Distribution Channel
Departmental stores
Online Stores
Mass Retailers
Wholesalers
Multi- brand stores
Global Hosiery Market is further classified on the basis of region as follows:
By Region
North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
Latin America (Brazil, Mexico, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of Asia) Market size, Y-O-Y growth & Opportunity Analysis
Middle East and Africa (GCC, North Africa, South Africa and Rest of Middle East and Africa ) Market size, Y-O-Y growth & Opportunity Analysis
Growth Drivers and Challenges
The growth of the global hosiery market is driven by the robust demand for comfortable and stylish hosiery among the consumers. Changing lifestyles and demographic factors are bringing changes in demand patterns for hosiery. Although the expenditure on hosiery is largely determined by factors such as income, family size and education, the rapidly expanding affluent base of middle class population in developing countries is expected to expand the market over the forecast period. The growth of the market will be driven by innovation in aesthetic as well as functional product features. The increasing demand for the products with features such as stronger elastics to create appropriate compression to increase blood circulation, anti-cellulite hosiery that help impart sculpted body shape, hosiery with weather-adaptive and supportive features such as silver-based microbial finishes for greater hygiene and comfort is expected to increase the demand for the hosiery products across the globe. Moreover, the hosiery market is also moving beyond traditional black color and sober patterns. The emergence of python print tights, colored tights, striped tights, patterned styles of over-the-knee socks is expected to drive the market over the forecast period.
Key Players
CSP International SpA
Company Overview
Key Product Offerings
Business Strategy
SWOT Analysis
Financials
Golden Lady Company S.p.A.
Gildan Activewear Inc.
HanesBrands, Inc.
Donna Karan New York
Trerè Innovation s.r.l.
Wolford AG
Carolina Hosiery Mills
Fox River Mills
Parker Hosiery
Scope and Context
Overview of the Parent Market
Analyst View
Segmentation
The Global Hosiery Market is segmented as follows:
By Product Type Market Size & Y-O-Y Growth Analysis
By Gender Market Size & Y-O-Y Growth Analysis
By Price Range Market Size & Y-O-Y Growth Analysis
By Distribution Channel Market Size & Y-O-Y Growth Analysis
By Region Market Size & Y-O-Y Growth Analysis
Market Dynamics
Supply & Demand Risk
Competitive Landscape
Porter’s Five Force Model
Geographical Economic Activity
Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio
Recent Trends and Developments
Industry Growth Drivers and Challenges
Key Information for Players to establish themselves in current dynamic environment
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