Hosiery Market: Emergence of New Functionalities and Changing Fashion Underpin Exciting Prospects

From: Fact.MR
Published: Wed Jan 02 2019


Hosiery garments have risen in popularity as just being legwear in the apparel industry. The worldwide demand for these knitted fabrics has been high and dynamic, targeting demographics in the sports and fitness, healthcare, and fashion industries in its way. Hosiery garments are not confined to meet the needs of comfort and aesthetics. The hosiery market is treading new growth trajectories underpinning the advent of products that can meet the demand for new sets of functionalities and derive new health benefits. The rising demand for hosiery in the sports industry reiterates these trends. The demand for hosiery has been gathering steam among sportsperson to replace cotton stockings, notably among multi-sports athletes, for preventing risks of injury, improving blood circulation, and protecting against muscle damage. Design of hosiery by garment manufacturers to meet new performance needs of athletes is also boosting the hosiery market.

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The global hosiery market is projected to rise at a steady, moderate CAGR during 2017??"2022, and is anticipated to reach a worth exceeding US$65,000 million by the end of this period.

Among all product types in the hosiery market, socks represent the segment with the most attractive CAGR over 2017??"2022. The segment is estimates to reach a worth of over US$5,000 Mn by the end of this period. Stockings and body stocking are also expected to witness extensive uptake in the hosiery market, with the former segment expected to serve greater revenue by the end of 2022. These segments are expected to rise at promising growth rates in the next few years.

Women traditionally have been contributing large chunk of revenue in the global hosiery market. The wide array of choices that the hosiery market has been offering to this demographic is evident in the variety of socks and stockings, notably high-thigh stockings. The advent of hosiery with new prints and aesthetic values continue to influence feminine fashion sensibilities, reinforcing vast prospects for the overall market. The demand for hosiery garments will continue to remain lucrative in the coming years as well, with substantial share expected to come from Asia Pacific excluding Japan.  However, apparel manufacturers are also shifting their attention toward men and children.  More importantly, the men segment is expected to rise at the leading CAGR in market over the assessment period of 2017??"2022. However, the demand for hosiery for men is anticipated to rise at more attractive CAGR over 2017??"2022.

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The products in the economic price range in the hosiery market is anticipated to garner the most attractive CAGR during 2017??"2022. By the end of 2022, the opportunities in the hosiery market for economic price range products is expected to reach US$9,200 Mn. This will be followed by mid-range and super-premium range hosiery.

Therapeutic Effects make Hosiery Market increasingly promising to Healthcare Industry

The hosiery market is witnessing new demand propositions in the emergence of specialized hosiery. The use of compression stockings in the healthcare industry is a case in point. Compression hosiery is worn around feet and the category is fast gaining popularity in the management of a range of venous disorders and prevent formation of blood clots in lower legs. Hosiery products are recommended to treat a range of serious medical conditions such as deep vein thrombosis, varicose veins, edema, and phlebitis. The growing demand for hosiery worn as knee-high compression stockings underpins lucrative avenues in the hosiery market. The rising uptake of this new category in the fitness industry is also contributing substantial revenues to the global hosiery market.

Critical Tracking of Competitive Landscape

The report drills into the strategic dynamics of the hosiery market and takes a closer look at key strategies, winning imperatives, and consolidation strategies by emerging and established players. Some of the prominent players operating in the hosiery market are Spanx, Adidas AG, Nordstrom, the Wolford AG, Jockey International, Inc., Golden Lady Company S.p.A., L Brands, Inc., CSP International Fashion Group S.p.A., and Gildan Activewear Inc.

Table of Content:

  1. Global Hosiery Market - Executive Summary

  2. Global Hosiery Market Overview
    2.1. Introduction
    2.1.1. Global Hosiery Market Taxonomy
    2.1.2. Global Hosiery Market Definition
    2.2. Global Hosiery Market Size (US$ Mn) and Forecast, 2012-2022
    2.2.1. Global Hosiery Market Y-o-Y Growth
    2.3. Global Hosiery Market Dynamics
    2.3.1. Drivers
    2.3.2. Restraints
    2.3.3. Trends
    2.4. Supply Chain
    2.5. Cost Structure
    2.6. Pricing Analysis
    2.7. Raw Material Sourcing Strategy and Analysis
    2.8. List of Distributors
    2.9. Key Participants Market Presence (Intensity Map) By Region

  3. Global Hosiery Market Analysis and Forecast By Product Type
    3.1. Global Hosiery Market Size and Forecast By Product Type, 2012-2022
    3.1.1. Body Stockings Hosiery Market Size and Forecast, 2012-2022
    3.1.1.1. Revenue (US$ Mn) Comparison, By Region
    3.1.1.2. Market Share Comparison, By Region
    3.1.1.3. Y-o-Y growth Comparison, By Region
    3.1.2. Compression Stockings Hosiery Market Size and Forecast, 2012-2022
    3.1.2.1. Revenue (US$ Mn) Comparison, By Region


Continued……………..

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