Global Hosiery Market Trends, Business Overview, Industry Growth and Forecast to 2022-2028

The global hosiery market is anticipated to grow at a CAGR of 3.7% during the forecast period (2022-2028). Consumer awareness of quality, durability, design, and style, as well as personal grooming awareness, are some of the drivers propelling the hosiery market forward. Due to developing trends in clothes and fashion, it has been seen that not only the women's hosiery segment is growing, however, the demand for such products is also growing in the men's segment. During the projected period, the hosiery industry is expected to rise rapidly in terms of both volume and value. The global hosiery industry is growing due to the increased acceptance of women's hosiery as a result of apparel and fashion trends. The global hosiery industry is expected to grow as women with wellness awareness choose hosiery items to wear during workouts. Due to the rise of athleisure lifestyles, men continue to be the primary customers of hosiery.

During the projected period, the global hosiery market is expected to rise due to rising personal disposable income and changing lifestyles. Aside from that, the proliferation of modern retail formats like supermarkets, discount stores, and pharmacy stores is increasing product visibility. Consumers will have easier access to apparel products such as hosiery as a result of this. Increased sales from the online commerce sector are propelling the global hosiery industry forward, as it saves customers time and provides numerous discounts on products. As a result, the online shop is likely to be the fastest-growing category, boosting the global hosiery market's growth over the forecast period.
Some major players in the market include CSP International Fashion Group S.P.A, Hanesbrands Inc, Jockey International, Inc., and Wolford AG, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market.

CSP International Fashion Group S.P.A offers Le Bourget a high-end tights line from the French tradition and offers a diverse and thorough selection of goods made with exquisite yarns and cutting-edge technology. Le Bourget is known for with high-quality couture and also provides bodywear in fine fabrics for the discriminating, contemporary woman, with a focus on the current designs.

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Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028

• Segment Covered-
o By Product
o By End-User
o By Distribution Channel

• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World

• Competitive Landscape- CSP INTERNATIONAL FASHION GROUP S.P.A, Hanesbrands Inc, Jockey International, Inc., Wolford AG, among others.

Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

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Global Hosiery Market Report by Segment

By Product
• Body Stockings
• Compression Stockings
• Knee High
• Hold-Ups
• Others

By End-User
• Men
• Women

By Distribution Channel
• Offline
• Online

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Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

This release was published on openPR.