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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.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

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View original content:http://www.prnewswire.com/news-releases/hosiery-women--men-market-to-reach-59-billion-by-2027-despite-the-covid-19-pandemic-301100171.html

SOURCE Research and Markets



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