Market Trends of Hosiery Industry
This section covers the major market trends shaping the Hosiery Market according to our research experts:
Innovative Garments Dominates the Market
The demand for hosiery is increasing among the new generations, mainly the women's segment, owing to the trendy outfits by local players in the market. Hosieries such as stockings have become a trend among women during the late '70s and continue with the growing number of working women. Moreover, socks brands are marketing through e-commerce retail stores, e-tailers, retailers, and other companies to increase sales volume. Modern hosiery manufacturing has to accommodate the high demand for quality goods. Moreover, various local and international players are entering with trendy fashion items with organic products, anti-bacterial sanitized yarn, non-compression, soft elastic leggings, and long socks to satisfy consumer needs. For instance, in September 2021, a United Kingdom-based hosiery brand Hēdoïne launched the world's first biodegradable tights collection. The product claims to be ladder-resistant and made from biodegradable yarn. From the finest seven denier sheer stockings through the multi-colored and wildly patterned hose and onwards to practical 60 denier pantyhose, women want the best. While the women's hosiery manufacturing process will undoubtedly continue to evolve, there will always be a demand for the sheer stockings of bygone days. Women also wear this as comfort for cold weather during the winter.
Europe Holds The Major Share in The Market
Due to the rise in disposable income, and more number of the working population of women, the demand for fashion and luxury items is increasing in the region. The customers in the region are more concerned about their appearance and grooming. Rising urbanization has resulted in modern-class consumers earning more money to spend, thus indulging in a growing passion for current fashion. Changing lifestyles and demographic factors are bringing changes in demand patterns for hosiery. Besides, the European hosiery market is witnessing a gamut of activities such as launching high-quality and comfortable products and developing new textile materials. These factors signal the promising growth of the European hosiery market. In March 2021, the United Kingdom hosiery brand Elle re-launched a range of footless tights, leggings, above-the-knee, and shaping in more sizes than before.
