Press release
Hosiery (Women and Men) Market to Witness Robust Expansion by 2023
Hosiery (Women and Men) is garments worn directly on the feet and legs. Most hosiery garments are made by knitting methods. Modern hosiery is usually tight-fitting by virtue of stretchy fabrics and meshes. Older forms include binding to achieve a tight fit.
The world economic recovery situation is complicated, a slowdown in China, but little impact on the sock industry, especially cotton socks industry. Chinese sock exports continued to show growth year after year, mainly due to the socks apparel industry as accessories, the price is relatively low, not much pressure on consumer spending; at the same time, the economic downturn that will have a “red mouth " effect, but increased in the low-end consumer .
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Global Hosiery (Women and Men) Market: Forecast by Type / Application / Region
Hosiery industry has a huge consumer market. Europe is the largest market of Hosiery, followed by the United States, which occupies more than 40 per cent.
Comparing several markets shows that more and more Hosiery consumed in Europe is from import, Americas` market Prefer low-quality socks, low price requirements; mainly rely on imports, mainly synthetic fibers hosiery, and Japan is the world's highest quality requirements of hosiery countries , demand is very huge .
Hosiery (Women and Men) industry concentration is relatively high. The largest producer is Gildan , accounting for 3.12% production market share in volume in 2014 and 3.13% in value，followed by Hanesbrands and Kayser-Roth. The industry competitive landscape is relatively stable.
Along with the development of Chinese domestic Industrial technology, Chinese Hosiery (Women and Men) has been made a lot of progress and the overall consumption level of quality will also be improved. But as after TPP agreement, Chinese exports of Hosiery (Women and Men) will face a very serious test.
The market scale will keeps increasing in the next few years. Although sales of Hosiery (Women and Men) brought a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and downstream support do not to enter into the Hosiery (Women and Men) field.
Over the next five years, LPI(LP Information) projects that Hosiery (Women and Men) will register a 5.0% CAGR in terms of revenue, reach US$ 46900 million by 2023, from US$ 35000 million in 2017.
Global Hosiery (Women and Men) Market: Key Players
Gildan
Hanesbrands
Kayser-Roth
LVMH
Golden Lady
Iconix Brand Group, Inc
L Brands
Wolford
Donna Karan
CSP International SpA
Trerè Innovation
Sculptz, Inc.
Langsha Group
Mengna
Fenli
Bonas
Naier
Jasan Group
Danjiya
Qingyi
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Related Information:
United States Hosiery (Women and Men) Market Research Report 2018
Europe Hosiery (Women and Men) Market Research Report 2018
North America Hosiery (Women and Men) Market Research Report 2018
Asia-Pacific Hosiery (Women and Men) Market Research Report 2018
China Hosiery (Women and Men) Market Research Report 2018
EMEA Hosiery (Women and Men) Market Research Report 2018
Global Hosiery (Women and Men) Market Research Report 2018
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