What is Global Hosiery (Women and Men) Market?
The Global Hosiery (Women and Men) Market is a vast and dynamic sector that encompasses a wide range of products designed to meet the needs of both men and women worldwide. This market includes various types of hosiery items such as socks, stockings, tights, and other related products. These items are not just fashion accessories but also serve functional purposes like providing comfort, enhancing performance in sports, and even medical uses such as compression stockings for varicose veins. The market's value was estimated at US$ 42760 million in 2022, and it is projected to grow to US$ 60000 million by 2029. This indicates a Compound Annual Growth Rate (CAGR) of 4.9% from 2023 to 2029. Despite the presence of numerous players in the market, the top five global players account for only about 5% of the market share, indicating a highly competitive and fragmented market landscape. Among the various product types, Short Socks represent the largest segment, accounting for about 35% of the market.
Ship Socks, Short Socks, Stockings, Tights, Other in the Global Hosiery (Women and Men) Market:
The Global Hosiery (Women and Men) Market is segmented based on product types, which include Ship Socks, Short Socks, Stockings, Tights, and Others. Each of these product types caters to different consumer needs and preferences. Ship Socks, also known as no-show or invisible socks, are designed to stay hidden inside shoes, providing comfort without compromising on style. They are popular among both men and women, especially during summer months or with specific shoe types like loafers or low-cut sneakers. Short Socks, on the other hand, are the most common type of socks, used daily by millions of people worldwide. They are versatile, comfortable, and suitable for various activities, from casual wear to sports. Stockings and Tights are primarily used by women, offering both functional and aesthetic benefits. They can provide warmth, improve body silhouette, or add a stylish touch to outfits. The 'Others' category includes specialized hosiery products like compression stockings, thermal socks, or novelty socks. Each of these product types contributes to the overall growth and dynamism of the Global Hosiery (Women and Men) Market.
Adult Men, Adult Women, Children in the Global Hosiery (Women and Men) Market:
The Global Hosiery (Women and Men) Market caters to a wide range of consumers, including Adult Men, Adult Women, and Children. For Adult Men, hosiery products like socks are essential daily wear items. They are used for various purposes, from formal office wear to casual or sports activities. The market offers a wide range of options in terms of materials, designs, and functionalities to cater to different needs and preferences. For Adult Women, the market offers more diverse product types, including stockings and tights, in addition to socks. These products are not just functional but also play a significant role in fashion and styling. They come in various styles, colors, and patterns, allowing women to express their personal style. For Children, the market offers products designed specifically for their needs. Children's hosiery products are typically more colorful and fun, with designs featuring popular cartoon characters or themes. They are also designed to be comfortable and durable to withstand children's active lifestyle. The wide range of consumers and their diverse needs and preferences contribute to the growth and dynamism of the Global Hosiery (Women and Men) Market.
Global Hosiery (Women and Men) Market Outlook:
The future outlook for the Global Hosiery (Women and Men) Market is promising, with a projected growth rate of 4.9% from 2023 to 2029. The market, which was valued at US$ 42760 million in 2022, is expected to reach a value of US$ 60000 million by 2029. This growth is driven by various factors, including increasing consumer demand, technological advancements in hosiery manufacturing, and the introduction of innovative products. Despite the presence of numerous players in the market, the top five global players account for only about 5% of the market share. This indicates a highly competitive market landscape with ample opportunities for new entrants and existing players to grow. Among the various product types, Short Socks represent the largest segment, accounting for about 35% of the market. This dominance is likely due to their versatility and widespread use among consumers of all ages and genders.
| Report Metric | Details |
| Report Name | Hosiery (Women and Men) Market |
| Accounted market size in 2022 | US$ 42760 million |
| Forecasted market size in 2029 | US$ 60000 million |
| CAGR | 4.9% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | Gildan, Hanesbrands, Kayser-Roth, LVMH, Golden Lady, Iconix Brand Group, Inc, L Brands, Wolford, Donna Karan, CSP International SpA, Trerè Innovation, Sculptz, Inc., Langsha Group, Mengna, Fenli, Bonas, Naier, Jasan Group, Danjiya, Qingyi |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
