Hosiery Market Is Expected To Grow With A 5% CAGR By 2032

The global hosiery market is projected to expand steadily at a CAGR 5% value, during the forecast period 2022-2032. In the year 2022, the market size is projected to expand and gain a global market valuation of US$ 50.7 Billion. Considering this steady growth along with the booming demand in the global market, the hosiery market is expected to reach US$ 82 Billion by 2032.

Fact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global Hosiery market. The report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market growth.

Each segment along with its sub-segment is analyzed in terms of value and volume. Further, the report elaborates the market behavior of each vendor operating in the Hosiery market.

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Key findings of the Hosiery market study:

  • Regional breakdown of the Hosiery market based on predefined taxonomy.
  • Innovative manufacturing processes implemented by Hosiery vendors in detail.
  • Region-wise and country-wise fragmentation of the Hosiery market to grasp the revenue, and growth outlook in these areas.
  • Changing preferences among consumers across various regions and countries.
  • Factors (Positive and Negative) impacting the growth of the global Hosiery market.

Key Companies Profiled

  • Spanx Inc.
  • Adidas AG
  • Nordstrom Inc.
  • Wolford AG
  • Jockey International, Inc.
  • Golden Lady Company S.p.A.
  • L Brands, Inc.
  • CSP International Fashion Group S.p.A.
  • Gildan Activewear Inc.
  • Hanesbrands Inc.

Competitive Landscape

  • Spanx Inc. announced in 2021 that it had reached a binding agreement with Blackstone under which the latter would pay US$ 1.2 billion for a majority share in the business. The acquisition will allow SPANX to broaden its worldwide reach, speed up its already quick digital transformation, strengthen its e-commerce presence online, and fuel its dedication to developing ground-breaking, inventive goods for its clients across far more categories. As they join forces to support the global emancipation of women, the companies want to establish an all-female SPANX board of directors.
  • In 2021, Adidas held a Virtual Investor & Media Day to unveil its new “Own the Game” strategy. The primary strategic goals of “Own the Game” are to increase the legitimacy of the Adidas brand, develop a distinctive customer experience, and broaden the company’s environmental initiatives. Up to 2025, the revised strategy is expected to considerably boost sales, profitability, and market share.

Key Segments Covered in the Hosiery Market Report

  • By Product :
    • Body Stockings
    • Compression Stockings
    • Knee-High/Hold-Ups Hosiery
    • Stockings
    • Socks
    • Tights
    • Toe Socks
  • By Demography :
    • Hosiery for Men
    • Hosiery for Women
  • By Price Range :
    • Economy-Priced Hosiery
    • Mid-Priced Hosiery
    • Premium-Priced Hosiery
    • Super Premium-Priced Hosiery
  • By Sales Channel :
    • Modern Trade
    • Specialty Stores
    • Online Stores
    • Other Sales Channels
  • By Region :
    • North America
    • Latin America
    • Europe
    • Japan
    • APEJ
    • Middle East Africa

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Queries addressed in the Hosiery market report:

  • Why are the Hosiery market players targeting region for increased product sales?
  • What patented technologies are the players utilizing in the global Hosiery market?
  • Which regions are displaying the fastest growth in the Hosiery market?
  • What are the underlying micro- macroeconomic factors affecting the global Hosiery market?

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