PUBLISHER: SkyQuest | PRODUCT CODE: 1646261
PUBLISHER: SkyQuest | PRODUCT CODE: 1646261
Global Hosiery Market size was valued at USD 40.6 billion in 2023 and is poised to grow from USD 42.31 billion in 2024 to USD 58.79 billion by 2032, growing at a CAGR of 4.2% during the forecast period (2025-2032).
The global hosiery market is experiencing significant growth driven by an increasing demand for durable, comfortable products that alleviate leg fatigue. Female consumers, in particular, are drawn to hosiery for its features like invisibility and a natural appearance. Major players are focusing on innovative fabric designs, such as patterned over-the-knee socks and striped tights, while employing advanced technologies like laser and ultrasonic systems to enhance product quality and aesthetic appeal. The rise of e-commerce is further shifting consumer preferences, as online shopping offers convenience and accessibility, alongside benefits like easy returns and free shipping, creating additional growth opportunities. As these trends continue, the hosiery market is poised for substantial expansion in the coming years.
Top-down and bottom-up approaches were used to estimate and validate the size of the Global Hosiery market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.
Global Hosiery Market Segments Analysis
Global Hosiery Market is segmented by Type, Gender, Distribution Channel and region. Based on Type, the market is segmented into Socks, Stockings, Tights and Leggings. Based on Gender, the market is segmented into Women and Men. Based on Distribution Channel, the market is segmented into Retail Stores and Online Retail. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Driver of the Global Hosiery Market
The global hosiery market is anticipated to experience significant growth, driven primarily by the rising demand for legwear hosiery products among consumers of all genders worldwide. This trend is further fueled by an increasing awareness of the advantages these products offer, including high moisture absorbency, enhanced airflow, and the use of lightweight fabrics that provide a softer and smoother feel. As consumers become more conscious of the benefits associated with hosiery, the overall market is expected to expand, reflecting these evolving preferences and the growing popularity of hosiery apparel across various demographics.
Restraints in the Global Hosiery Market
The global hosiery market is facing certain restraints due to the rise of premium and ultra-premium hosiery products, which is diminishing the demand for mid-range and budget-friendly offerings. Moreover, consumers who prioritize skin sensitivity and quality are becoming increasingly unwilling to compromise, particularly regarding undergarments. This heightened focus on superior quality is likely to further restrict the growth potential for more affordable hosiery options. As a result, retailers and manufacturers may need to adapt their strategies to address these changing consumer preferences to maintain competitiveness in an evolving global market landscape.
Market Trends of the Global Hosiery Market
The global hosiery market is poised for significant growth, driven by the adoption of advanced technologies such as ultrasonic and laser techniques in production processes. These innovations enhance efficiency and product quality, appealing to a tech-savvy consumer base increasingly focused on performance and sustainability. Developed economies, benefiting from substantial investments in research and development from both public and private sectors, are leading this trend. As the market evolves, the integration of cutting-edge technologies is not only meeting consumer demands but also creating new growth opportunities, setting the stage for a dynamic and competitive landscape in the hosiery industry over the coming years.