Global Hosiery Market to Reach $43.4 Billion by 2025: Due to Rising Concerns About Personal Appearance & Grooming - Research and Markets
The "Global Hosiery Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2017 to 2025" report has been added to Research and Markets' offering.
The worldwide hosiery market was valued at US$ 29.73 Bn in 2016, and is projected to reach US$ 43.42 Bn by 2025, expanding at a CAGR of 4.3% from 2017 to 2025.
The global hosiery market is witnessing growth due to rising concerns about personal appearance and grooming. Furthermore, the shift in retail format to hypermarket and supermarket is allowing consumers to select and compare products according to their preferences, which in turn is fueling the sales of hosiery products. Besides this, the ecommerce sector has witnessed robust growth in the recent past, which is providing easy access for consumers to compare hosiery products online. The global ecommerce industry was approximately US$ 22 Trillion in 2016 and anticipated to witness strong growth during the forecast period. Thus, hosiery products are also projected to witness high growth in sales volume through ecommerce platforms.
Increasing consumer demand for high quality products at cheaper prices is projected to impose challenges for the hosiery products manufacturers. Increasing prices of raw material is also shrinking the profit margins of manufacturers. Moreover, intense competition among global and regional players is restricting hosiery manufacturers to increase prices for their products which in turn is restricting new investment for expansion of production capacity of the hosiery products.
- CSP International Fashion Group S.P.A.
- Donna Karan International, Inc.
- Gildan Activewear, Inc.
- Golden Lady Company SpA.
- Grupo Synkro SA de CV
- Hanesbrands, Inc.
- Lux Industries Limited
- Nahar Group of Companies
- Rupa & Co. Ltd.
- Wolford AG
- AYK International, Inc.
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Market Dynamics
Chapter 4 Global Hosiery Market Analysis, by Product Type
Chapter 5 Global Hosiery Market, by Geography
Chapter 6 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/j2dk6b/global_hosiery