Report ID: SQMIG25K2092
Report ID:
SQMIG25K2092 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
91 |
Figures:
66
Hosiery Market size was valued at USD 0 Billion in 2023 and is poised to grow from USD 0 Billion in 2024 to USD 52.1 Billion by 2032, growing at a CAGR of 4.2% during the forecast period (2025-2032).
Rising importance of hosiery products to fulfill the need for durable clothing, excellent comfort, and providing leg fatigue are the major factors driving the growth and demand for the global hosiery market over the forecast period. In addition, continuously growing demand for these products by the female consumers due to its several features including virtually invisible and provides natural and shiny looks is also anticipated to propel the growth of the market in the coming years.
Major companies of the market are increasing their focus on the innovation of new and different types of fabric designs such as striped tights, stirrup tights, and patterned over-the-knee socks. Leading manufacturers are using laser and ultrasonic technology for the development of product quality and design to attract a large base of consumers across the globe. In addition, by using this type of advanced technologies, they are able to provide perfect edge cutting in very less time and can also prevent fraying.
Moreover, the emergence of e-commerce has resulted in shifting consumer preference towards online shopping because of the ease of availability of products, hassle free and more convenient shopping features offered by several online retailers. As a result, the global hosiery market is also expecting a boost in the demand over the forecast period. Additionally, easy returns and free delivery are some other factors which are creating lucrative growth opportunities for the global market.
US Hosiery Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG25K2092