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Hosiery Market worth $83.63 billion by 2030, growing at a CAGR of 5.76% - Exclusive Report by 360iResearch
Hosiery Market | 360iResearch
The Global Hosiery Market to grow from USD 56.47 billion in 2023 to USD 83.63 billion by 2030, at a CAGR of 5.76%.
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Hosiery is the category of clothing for the legs and feet, often knitted and made of yarns such as nylon, cotton, or silk. The term encompasses a variety of garments, including stockings, pantyhose, tights, knee-highs, leggings, and socks. These items serve functional and aesthetic purposes, providing warmth, compression, or a finishing touch to an ensemble. With a rich history that spans several centuries, hosiery has evolved with fashion trends and technological advancements, resulting in a diverse range of styles, patterns, and opacity levels suited for different occasions and consumer needs. Increasing focus on personal appearance and health-conscious behavior influences the demand for fashionable and functional hosiery products. Moreover, advancements in materials and manufacturing processes lead to better quality and variety, driving consumer interest. Further, the growth of online shopping has provided consumers with more options and convenience, thereby increasing the market reach of hosiery products. However, high competition and market saturation can make it difficult to achieve business growth. Environmental and ethical issues around fast fashion lead to consumer criticism, and increased regulation may impact sales. Nevertheless, growing interest in personalized apparel opens up new possibilities for customized hosiery. Products with medical benefits, such as compression socks, offer significant opportunities, especially given the aging population in many countries. Smart hosiery embedded with technology for fitness tracking or therapeutic benefits is an emerging trend with a lot of potential.
In the Americas region, the hosiery market is characterized by a strong demand for premium and specialized products. In the United States, consumers often seek hosiery with advanced features such as compression, moisture-wicking, and temperature control, reflecting an interest in comfort and health. Moreover, the Presence of major brands focuses on innovation, with the latest patents showing developments in sustainable materials supporting market growth. The surge in D2C (Direct-to-Consumer) sales, facilitated by e-commerce platforms, bolstered product penetration in more regions. The hosiery market in the Middle East is heavily influenced by cultural norms and climate. In recent years, there has been an increased demand for fashionable hosiery options that align with cultural attire. Luxury and international brands have a significant presence in this area, often catering to the affluent consumer base. Luxury hosiery is popular, particularly in fashion-centric nations, including Italy and France. EU regulations on sustainability have pushed for innovation in environmentally friendly hosiery production methods. The Middle East market favors premium and luxury hosiery, reflecting the region's higher disposable income and preference for high-end fashion. The Asia Pacific is one of the most dynamic and fastest-growing regions for the hosiery market. There is a significant presence of local manufacturers, in major economies including China and India, which are also some of the largest contributors to the global hosiery industry. Japan and South Korea, on the other hand, are notable for their innovative and fashionable hosiery offerings. The increasing consumer purchasing power and expanding retail infrastructure are propelling market growth.
Market Segmentation & Coverage:
This research report categorizes the Hosiery Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Product, market is studied across Non Sheer and Sheer. The Sheer is projected to witness significant market share during forecast period.
Based on Gender, market is studied across Men and Women. The Men is projected to witness significant market share during forecast period.
Based on End-Products, market is studied across Leggings, Socks, Stockings, and Tights. The Leggings is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 37.32% in 2023, followed by Asia-Pacific.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Hosiery Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Hosiery Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Hosiery Market, highlighting leading vendors and their innovative profiles. These include Aarti Intermational, Adidas AG, CSP International Fashion Group S.p.A., DM Hosiery, Ever Green Hosiery, FALKE KGaA, Gildan Activewear Inc., Gold Toe-Moretz, LLC, Golden Lady Company S.p.A., GOPAL JEE FABRICS, Hanesbrands, Inc., Iconix Brand Group, Inc., IMPERIAL KNITTERS, Jante Textile, Kayser-Roth Corporation, LU THAI TEXTILE CO., LTD, Mariflos, Nester Hosiery, Sculptz, Inc., Singhal Traders, SMJ KNIT FAB, Spanx Inc., The Donna Karan Company Store LLC, The LYCRA Company, Top Light Fabrics Private Limited, and Wolford AG.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Hosiery Market, by Product
7. Hosiery Market, by Gender
8. Hosiery Market, by End-Products
9. Americas Hosiery Market
10. Asia-Pacific Hosiery Market
11. Europe, Middle East & Africa Hosiery Market
12. Competitive Landscape
13. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Hosiery Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Hosiery Market?
3. What is the competitive strategic window for opportunities in the Hosiery Market?
4. What are the technology trends and regulatory frameworks in the Hosiery Market?
5. What is the market share of the leading vendors in the Hosiery Market?
6. What modes and strategic moves are considered suitable for entering the Hosiery Market?
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