Comprehensive Analysis of the Global Hosiery Market
- rushikesh chavan
- Oct 14, 2024
- 3 min read
The Global Hosiery Market Size is Anticipated to Exceed USD 85.92 Billion by 2033, Growing at a CAGR of 4.08% from 2023 to 2033.
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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