Introduction
The Global Hosiery Market is undergoing significant growth, projected to exceed USD 85.92 billion by 2033, with a CAGR of 4.08% from 2023 to 2033. This report provides a comprehensive historical analysis covering data from 2019 to 2022, along with extensive forecasts segmented by region, country, and subsector. The analysis details pricing, sales volume, revenue, historical growth, gross margin, and future outlooks for the hosiery market.
Historical Analysis
From 2019 to 2022, the hosiery market has shown a steady growth trend, driven by factors such as increasing consumer demand for comfort and style. The report offers insights into historical pricing, sales volume, and revenue, providing a clear picture of the market's evolution.
Market Forecasts
The forecast for the Global Hosiery Market indicates a robust growth trajectory. It is expected to reach USD 85.92 Billion by 2033, reflecting a compound annual growth rate (CAGR) of 4.08%. This growth is attributed to rising fashion consciousness among consumers, particularly in developing regions.
Key Players
The hosiery market features several leading players, including:
- Renfro Corporation
- CSP International Fashion Group S.p.A.
- Golden Lady Company SpA
- Gildan Activewear Inc.
- Hanesbrands Inc.
- Spanx, LLC
- Adidas AG
- 2XU Pty Ltd.
- LVMH Group
- Carolina Hosiery, Inc.
- Centric Brands LLC
These companies are key contributors to market dynamics, continuously innovating to meet changing consumer preferences.
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Market Segmentation
The Global Hosiery Market can be segmented as follows:
By Type
- Socks
- Stockings
- Tights
- Leggings
By Category
- Men
- Women
By Region/Country
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of Middle East & Africa
Industry Trends
In April 2022, Centric Brands LLC announced the acquisition of a subsidiary of Daytona Apparel Group, enhancing its presence in the hosiery market. This strategic move is expected to diversify Centric’s offerings and strengthen its ties with retailers.
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Reasons to Invest
Investing in this market report provides several advantages:
- Gain insights into market size, growth, and key players in the hosiery market.
- Utilize SWOT analysis to assess competitive dynamics.
- Explore comprehensive company profiles and financial performance.
- Enhance presentations with future growth projections.
- Compare regional data for strategic planning.
- Discover drivers accelerating market growth over the next seven years.
- Assess the size of the Global Hosiery Market accurately.
- Stay informed about upcoming trends and shifts in consumer behavior.
- Track growth across regions.
- Identify growth opportunities with detailed potential analysis.
- Conduct thorough competitive analysis of industry landscape.
- Understand constraints affecting market growth.
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