Hosiery (Women & Men) Market to Reach $59 Billion by 2027, Despite the COVID-19 Pandemic
Tuesday, August 4, 2020
DUBLIN, July 27, 2020 /PRNewswire/ -- The "Hosiery (Women and Men) - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
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The publisher brings years of research experience to this 19th edition of the report. The 343-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global Hosiery (Women and Men) Market to Reach US$59 Billion by the Year 2027
Amid the COVID-19 crisis, the global market for Hosiery (Women and Men) estimated at US$49.8 Billion in the year 2020, is projected to reach a revised size of US$59 Billion by 2027, growing at a CAGR of 2.4% over the period 2020-2027.
Socks, one of the segments analyzed in the report, is projected to grow at a 2.6% CAGR to reach US$40.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Sheer Hosiery & Tights segment is readjusted to a revised 2.1% CAGR for the next 7-year period. This segment currently accounts for a 32.7% share of the global Hosiery (Women and Men) market.
The U.S. Accounts for Over 27% of Global Market Size in 2020, While China is Forecast to Grow at a 4.6% CAGR for the Period of 2020-2027
The Hosiery (Women and Men) market in the U.S. is estimated at US$13.5 Billion in the year 2020. The country currently accounts for a 27.05% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$11.7 Billion in the year 2027 trailing a CAGR of 4.6% through 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.5% and 1.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.1% CAGR while Rest of European market (as defined in the study) will reach US$11.7 Billion by the year 2027.
Competitors identified in this market include, among others
-- Donna Karan International
-- Gildan Activewear Inc.
-- Hanesbrands, Inc.
-- Iconix Brand Group, Inc.
-- Kayser-Roth Corporation
-- L Brands
-- Sculptz, Inc.
-- Trer Innovation s. r.l.
-- Wolford AG
Key Topics Covered
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
-- A Prelude
-- Recent Market Activity
-- Emerging Nations Dominate Supply Side of the Market
-- EU and the US: Largest Sock Importers Globally
-- Global Outlook
-- Analysis by Volume
-- Analysis by Value
-- Global Competitor Market Shares
-- Hosiery (Women and Men) Competitor Market Share Scenario Worldwide (in
%): 2020 & 2029
-- Impact of COVID-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
-- CSP International SpA (Italy)
-- Golden Lady SpA (Italy)
-- Kayser-Roth Corporation (USA)
-- Gildan Activewear Inc. (Canada)
-- Gold Toe-Moretz, LLC (USA)
-- Hanesbrands, Inc. (USA)
-- Iconix Brand Group, Inc. (USA)
-- LVMH (France)
-- Donna Karan International (USA)
-- Sculptz, Inc. (USA)
-- Trer Innovation s.r.l. (Italy)
-- Wolford AG (Austria)
3. MARKET TRENDS & DRIVERS
-- Hosiery Innovations and Advancements Drive Growth
-- Manufacturers Experiment with Performance Yarns for Improved Products
-- Hosiery as a Luxury Apparel Accessory, Bodes Well for Market Expansion
-- Hosiery for Older and Plus-size Consumers Offers Significant Growth
Potential
-- Industry Witnesses a Resurgence in Sheer Hosiery
-- Pantyhose Witnesses a Revival
-- High Performance Socks Market Witness Increasing Participation
-- Consumers Warm up to Eccentric Sock Designs & Patterns
-- Smart Socks - An Emerging Category
-- Athletic Socks Witness Strong Growth
-- Skinners - A Portable Alternative to Socks and Shoes
-- Over-the-Knee Socks Create a Stir
-- Support Hosiery Blends with Fashion Hosiery
-- Tights Gain Support in the Men's Domain
-- Compression Tights - Latest Men's Fashion, Fitness Trend
-- Athleisure Hosiery: The Perfect Blend of Athletics and Leisure
-- 'Tights under Shorts' in Vogue
-- Fishnet Stockings to Stay for Long
-- Bridal Hosiery: A Niche Segment
-- Maternity Hosiery Offers Lucrative Growth Opportunities
-- Lack of Sizing Standards for Hosiery: A Cause for Concern
-- Online Marketing & Sales Increase Market Competition
-- Favorable Demographic & Economic Trends Strengthen Market Prospects
-- Women: The Largest Consumer Base for Hosiery
-- Teen Population: A Lucrative Demographic Segment
-- Manufacturers Focus on Millennials to Support Sales
-- Rising Global Population Propels Demand for Clothing and Hosiery
-- Burgeoning Middle Class Population Promote Market Growth
-- Rising Standards of Living Fuel Market Growth in Developing Countries
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
-- Total Companies Profiled: 205
For more information about this report visit https://www.researchandmarkets.com/r/x1wa49
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
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