Consainsights logo
Reports > Consumer Goods And Retailing > Hosiery Market Report

Hosiery Market Size, Share, Industry Trends and Forecast to 2033

This report provides an extensive analysis of the hosiery market, including insights into market size, growth trends, regional performance, and competitive landscape from 2023 to 2033.

Metric Value
Study Period 2023 - 2033
2023 Market Size $45.60 Billion
CAGR (2023-2033) 4.5%
2033 Market Size $71.42 Billion
Top Companies HanesBrands Inc., Calzedonia Group, Spanx, Inc., Wolford AG, Tullis Russell Coatings Ltd.
Last Modified Date 15 Nov 2024

Hosiery Market Report (2023 - 2033)

Hosiery Market Overview

The hosiery industry is characterized by significant competition among numerous global and regional players. Emerging brands are focusing on niche markets such as eco-friendly hosiery lines, catering to environmentally conscious consumers. Additionally, advancements in textile technology have led to the production of high-performance hosiery products that appeal to athletes and everyday users alike. Retail strategies incorporating both online and offline channels are crucial for market penetration. The overall landscape indicates a shift toward personalization and customization in consumer shopping experiences.

What is the Market Size & CAGR of Hosiery market in 2023?

As of 2023, the global hosiery market size is estimated to be around $82.78 billion, with a Compound Annual Growth Rate (CAGR) expected to be 5.2% over the forecast period from 2023 to 2033. This growth is driven by a rising interest in fashion, increases in disposable income, and the expansion of online retail channels. Furthermore, the innovation in product materials and designs is expected to attract a wider demographic, thus pushing the market toward substantial gains.

Hosiery Industry Analysis

The hosiery industry is characterized by significant competition among numerous global and regional players. Emerging brands are focusing on niche markets such as eco-friendly hosiery lines, catering to environmentally conscious consumers. Additionally, advancements in textile technology have led to the production of high-performance hosiery products that appeal to athletes and everyday users alike. Retail strategies incorporating both online and offline channels are crucial for market penetration. The overall landscape indicates a shift toward personalization and customization in consumer shopping experiences.

Hosiery Market Segmentation and Scope

The hosiery market can be segmented based on product types (e.g., stockings, pantyhose, socks), materials (e.g., nylon, cotton, spandex), target market (e.g., women, men, children), and distribution channels (e.g., offline retail, online sales). Each segment plays a significant role in the overall dynamics of the industry, with special attention given to the performance of various product types and materials. For instance, stockings and socks form a substantial portion of the market owing to their wider consumer acceptance and versatility in fashion applications.

Request a custom research report for industry.

Hosiery Market Analysis Report by Region

Europe Hosiery Market Report:

In Europe, the hosiery market size was estimated at $13.15 billion in 2023, projected to reach $20.59 billion by 2033. The region shows a strong preference for sustainable and premium products, reflecting changing consumer attitudes towards fashion and sustainability.

Asia Pacific Hosiery Market Report:

In the Asia Pacific region, the hosiery market was valued at $8.48 billion in 2023 and is projected to reach $13.28 billion by 2033. The growing middle-class population and rising fashion consciousness in countries like China and India are primary drivers for market growth. Additionally, the increasing penetration of e-commerce is enhancing product accessibility.

North America Hosiery Market Report:

North America represented a market size of $17.42 billion in 2023, anticipated to grow to $27.29 billion by 2033. This growth is driven primarily by the United States, where there is a strong demand for high-quality hosiery products, supported by robust e-commerce and retail frameworks.

South America Hosiery Market Report:

South America held a market size of $3.59 billion in 2023, expected to grow to $5.63 billion by 2033. The demand for affordable and fashionable hosiery products is significant, especially among younger demographics driving the market forward in countries such as Brazil and Argentina.

Middle East & Africa Hosiery Market Report:

The Middle East and Africa market was valued at $2.96 billion in 2023 and is expected to reach $4.64 billion by 2033. The growth in this region is influenced by an expanding fashion retail sector and increasing disposable income, particularly in the Gulf Cooperation Council (GCC) countries.

Request a custom research report for industry.

Hosiery Market Analysis By Product

Global Hosiery Market, By Product Type Market Analysis (2023 - 2033)

The vocation of product types comprises stockings, pantyhose, and socks. Stockings currently dominate with a market size of $29.55 billion in 2023, expected to reach $46.29 billion by 2033. Pantyhose and socks are also significant segments, showing steady growth driven by fashion and comfort.

Hosiery Market Analysis By Material

Global Hosiery Market, By Material Market Analysis (2023 - 2033)

In terms of materials, nylon leads the market with a size of $29.55 billion in 2023, reflecting consumer preference for comfort and durability. Cotton and spandex materials also contribute significantly, forecasting growth in the next decade due to trends in sustainable fashion.

Hosiery Market Analysis By Target Market

Global Hosiery Market, By Target Market Market Analysis (2023 - 2033)

The market is also divided by target demographics, with women's hosiery leading at $29.55 billion in 2023, maintaining a market share of 64.81%. This segment reflects persistent demand driven by fashion versatility. Men's and children's segments are smaller but growing, reflecting broader fashion adoption.

Hosiery Market Analysis By Distribution Channel

Global Hosiery Market, By Distribution Channel Market Analysis (2023 - 2033)

Market analysis shows offline retail as a dominant channel with a size of $39.07 billion in 2023, constituting 85.67% of the total market share. However, online sales are growing at a significant rate, valued at $6.53 billion in 2023, enhancing accessibility for consumers.

Request a custom research report for industry.

Global Market Leaders and Top Companies in Hosiery Industry

HanesBrands Inc.:

A leading global apparel company, HanesBrands specializes in innovative and comfortable hosiery products, maintaining significant market share across various segments.

Calzedonia Group:

An Italy-based company widely recognized for its endless range of fashionable tights and stockings, catering to diverse consumer tastes globally.

Spanx, Inc.:

Known for its shape-enhancing underwear and smoothing hosiery, Spanx revolutionized how women approach legwear, emphasizing comfort while fashion.

Wolford AG:

An Austrian luxury brand specialized in high-quality hosiery and legwear, popular among fashion-forward consumers seeking premium products.

Tullis Russell Coatings Ltd.:

A UK-based company known for its innovative specialty textiles and coatings for hosiery, enhancing durability and elasticity.

We're grateful to work with incredible clients.

Datasite
Agilent
Asten Johnson
Bio-Rad
Carl Zeiss
Dywidag
Illumina
LEK Consulting
Shell

Related Industries

    FAQs