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Global hosiery market grows as consumer mindset change

The global hosiery market is projected to grow at a CAGR of 4.3 per cent over 2017 to 2025. The main reason for surging global market in hosiery is rising concern among consumers about personal appearance and grooming. Further, the shift in retail formats to hypermarkets and supermarkets is allowing consumers to select and compare products according to their preferences which in turn is fueling sales of hosiery products.

Robust growth of e-commerce is also providing easy access to consumers to compare hosiery products online. Hosiery products are also projected to witness a rise in sales volume through e-commerce platforms. Europe represents the largest market worldwide followed by the United States. Asia Pacific is the fastest growing market. China is the largest producer of hosiery in the world with a strong presence in synthetic hosiery products.

Future trends include appropriate compression to increase blood circulation, anti-cellulite hosiery that help impart a sculpted body shape, hosiery with weather-adaptive and supportive features such as silver-based microbial finishes for greater hygiene and comfort. Some of the emerging styles include colored tights, striped tights, python print tights as well as patterned styles of over the knee socks.