Global Hosiery Market Report 2025 is expected to reach USD 44.2 billion by 2025, according to a new report by Million Insights. It is anticipated to grow at a CAGR of 4.0% over the forecasted years, 2019 to 2025. An increase in the concern about the appearance and well-being among the millennials is expected to drive the market. Moreover, rapid urbanization and an increase in disposable income among the working population has indulged the consumers to spend more on personal grooming and apparels. These factors are expected to boost the growth of this market across the globe.
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Market Synopsis of Hosiery Market:
The men application segment in the hosiery is anticipated to increase at a significant growth rate generating a CAGR of 4.5% during the forecast period, 2019 to 2025. This can be attributed to increasing problems of blood circulation due to skinny fit clothes such as jeans or trousers. Thus, they are often replaced by other clothes that generate demands. Also, the latest fashion trends and an increase in the awareness about personal health are expected to boost the market for sports wears and undergarments in the upcoming years.
Various initiatives conducted by the statutory governing bodies or the local authorities to improve the health among people is expected to boost the market growth. Also, the promotional activities carried out by the manufacturers to boost their sales and to create the trends in the fashion industry is expected to boost the market growth.
The market for Hosiery has become competitive in nature due to presence of large number of players in the market. Some of the major players are Adidas America Inc., Jockey, Golden Lady, Hanes, etc.
View Full Table of Contents of This Report @ https://www.millioninsights.com/industry-reports/global-hosiery-market
Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Hosiery: Market Variables, Trends & Scope
Chapter 4 Hosiery: Product Estimates & Trend Analysis
Chapter 5 Hosiery: Application Estimates & Trend Analysis
Chapter 6 Hosiery: End-use Estimates & Trend Analysis
Chapter 7 Hosiery: Industrial End-use Estimates & Trend Analysis
Chapter 8 Hosiery: Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Hosiery: Manufacturers Company Profiles
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