Global Hosiery Market Size is estimated to expand rapidly in the coming years, at a CAGR of 6.2 % from 2018 to 2025. In 2017, the global market valuation was USD 11.6 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. The development of the industry is mainly due to the increasing significance of Hosiery as a lasting robe that decreases arm fatigue and offers games experts with great convenience. Moreover, owing to its nearly unseen characteristics, the female customers prefer these hosiery products which offer a unique and bright look. Companies are operating on various kinds of creative fabrics by knowing market demand. Some of the trend models are stretched sleeves, snake print sleeves, bolts and colored knee socks.
Thanks to these techniques, the fabrics can be sliced perfectly in less moment and the slicing ends are closed, thereby avoiding breakage. Their refined products are transformed into the weather-adapted fabric, powerful elasticity, and silver-based microbial texture. Disabled Living Foundation (DLF) and Adaptive Textiles are some of the leading third party producers who provide instruction and production for these hosiery products. People tend to buy more flexible goods which can supply adequate pressure and thus increase the flow of the fluid.
Global Market Growth Opportunities (Revenue, Growth) By 2018-2025
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global hosiery market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global hosiery market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
By Product Insights: On the basis of product, global hosiery market has been segmented into sheer, non-sheer. In 2018, the highest share of non-sheer hosiery products was comprised. In this section the main common items include knee pads, dressing clothes and underwear for practice. Sports experts, doctors and cooking employees prefer non-sheer products. It is also famous for its easiness and convenience among the ordinary mass. The increasing requirement for non-sheer goods is being addressed by major fast-mode competitors like H&M and sports dealers like Decathlon.
By Application Insights: On the basis of application, global hosiery market has been segmented into women, men. In 2018, the women's application segment represented the largest share. Increased use of hosiery products for training and specialist use, as they are viewed by females as a trendy wearable. In addition, most females favor hosiery goods with distinct colors and styles, which are expected to increase the scope of the industry.
The hosiery market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players.
In North America in 2018, North America was the biggest regional retail industry. Consumer demand for stylish and convenient fabrics boosts business development. Online retailers are highly penetrated to promote customer communication with products. Companies use Big Data Technology and computer training to evaluate client demands and therefore post ads appropriately. Asia Pacific is the highest increasing industry with elevated CAGR growth rates between 2019 and 2025. Changing consumer behavior and increasing availability revenue in emerging nations, such as China and India, towards luxury games is anticipated to increase market growth. The development of the industry is having a positive effect on increasing per cent customer expenditure on garment products and on increased concern in the purchasing of branded products.
Global Hosiery Market Size, Share Analysis by Region 2018
Global Hosiery Market Study Objective
1. To forecast the market size of hosiery market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
2. Market analysis and forecast of hosiery market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
3. To analyze and elaborate significant factors that will have a major impact on the growth of hosiery market, such as drivers, restraints, challenges, and opportunities.
4. The regional analysis of hosiery market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.
5. Strategic analysis of micro-markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.
6. To provide a detailed analysis of competitive and strategic developments in the hosiery market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
Key Players Landscape
Gilden Activewear Inc., Hanesbrands, Spanx, Inc., Golden Lady, Gatta Hosiery USA LLC, CSP INTERNATIONAL FASHION GROUP S.P.A., adidas America Inc., Jockey, and Carolina hosiery are some of the key players in the market of hosiery.
Global Hosiery Market Study Report Offer You!
The global hosiery market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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