PUBLISHER: Market Research Future | PRODUCT CODE: 1581707
PUBLISHER: Market Research Future | PRODUCT CODE: 1581707
Global Legwear Market Research Report Information By Price Range (Economy/Mass and Premium), By Type (Socks, Medical Hosiery, Tight Leggings, Sheer, Opaque Hosiery, and Others), By Size Type (Regular and Plus Size), By End User (Adult and Kids), By Distribution Channel (Hypermarkets/Supermarkets, Specialty Stores, Online, and Others) And By Region (North America, Europe, Asia-Pacific, South America, and Middle East and Africa) - Forecast Till 2032
In 2023, the legwear market was estimated to be worth USD 62,563.85 million. It is anticipated that the legwear market will expand at a compound annual growth rate (CAGR) of 4.91% from 2024 to 2032, reaching USD 86,981.84 million. Urbanization and lifestyle changes, changing fashion trends, growing health consciousness, and consumer awareness and preference for sustainable products have all contributed to the steady demand for legwear on a global scale.
Because clients may personalize their legwear to suit their preferences, it is well-liked all across the world. Customers' desire for individualized goods and experiences is reflected in this trend. Customer satisfaction and brand loyalty are increased by personalized legwear with distinctive designs, hues, fits, and features. Personalization is driven by the desire for distinctive and expressive clothing. Gen Z and Millennials desire personalized goods. Customers can choose patterns, hues, and graphics for unique, eye-catching legwear.
Functional customization is also becoming quite popular, especially with consumers that are performance- and athletic-oriented. Legwear designed for certain activities, such as jogging, yoga, or hiking, can be customized with compression zones, moisture-wicking properties, and temperature management. Customers' comfort and sporting experience can be enhanced by selecting legwear that meets their performance needs.
Perspectives on Market Segments
The legwear market has been divided into premium and economy/mass categories based on price range.
The market has been divided into several categories based on kind, including socks, medical hosiery, tight leggings, sheer, opaque hosiery, and others.
The legwear market has been divided into ordinary and plus sizes based on the type of sizing.
The market has been divided into adult and child segments based on the end user.
The market has been divided into specialty shops, hypermarkets/supermarkets, internet retailers, and others based on the distribution route.
Regional Perspectives
North America, Europe, Asia Pacific, South America, and the Middle East & Africa are the regions into which the study divides the market. With a 33.22% market share in 2023, the Asia Pacific legwear market is predicted to grow to 5.66%. China, India, Japan, South Korea, and the rest of Asia Pacific make up the Asia Pacific area. Rising earnings, shifting design trends, and growing urbanization are driving expansion in the Asia-Pacific legwear market, which includes China, India, Japan, South Korea, and the surrounding area. These nations varied cultural and economic environments create a dynamic market with a range of customer tastes and buying patterns. The MRFR analyst projects that the average person in the region will consume 0.3 units of tights and leggings in 2024, indicating a consistent demand driven by both fashion trends and utilitarian demands.
Adidas Group (Germany), Langsha Group (China), Nike, Inc. (US), Gildan Activewear Inc. (Canada), Golden Lady Company Spa (Italy), Li Ning (China), Page Industries Limited (India), Hanesbrands Inc. (US), Spanx, LLC. (US), and Wolford AG (Austria) are important players in the legwear market.