Market Size of Hosiery Industry
| Study Period | 2018 - 2029 |
| Market Size (2024) | USD 59.72 Billion |
| Market Size (2029) | USD 75.71 Billion |
| CAGR (2024 - 2029) | 4.86 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | Europe |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Hosiery Market Analysis
The Hosiery Market size is estimated at USD 59.72 billion in 2024, and is expected to reach USD 75.71 billion by 2029, growing at a CAGR of 4.86% during the forecast period (2024-2029).
The hosiery market is expected to grow over the medium term because of the availability of a wide range of products. Customers are receiving discounts and offers on products through online channels such as Amazon, Flipkart, eBay, and others, which is why the demand for products such as knee highs, leggings, socks, and leg warmers is increasing in various countries. Due to the availability of different brands, customers are getting more and more options for brands, styles, and colors. Among women, the demand for leggings, tights, and socks is growing owing to an increase in their working population.
Moreover, various local and international players are presenting innovative designer hosiery with new offerings like organic commodities, anti-bacterial sanitized yarn, and non-compression, soft stretchable elastic socks to gain consumer engagement. Owing to changes in fashion & lifestyle, people nowadays are concerned about self-grooming, which forced new entrants and other players in the market to present comfortable dressing following the current trend fashion. Furthermore, the market players are also considering women's needs and launching products for comfort. For instance, in August 2021, Adidas launched the new TechFit period-proof tights for women. The tights are made with an absorbent layer to help protect against leaks if worn with tampons or pads.
Hosiery Industry Segmentation
The global hosiery market is segmented into product type, end-user, distribution channel, and geography. By product type. The market is segmented into body stockings, socks, Knee highs, hold-ups, and other product types. By end user, the market is segmented into men and women. Further, the market is segmented into supermarkets/hypermarkets, specialty stores, online retail stores, and other distribution channels. By geography, the market is segmented into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. For each segment, the market sizing and forecast have been done based on value (in USD million).
| Product Type | |
| Body stockings | |
| Socks | |
| Knee highs, Hold-ups | |
| Other Product Types |
| End-User | |
| Men | |
| Women |
| Distribution Channel | |
| Supermarkets/Hypermarkets | |
| Specialty Stores | |
| Online Retail Stores | |
| Other Distribution Channels |
| Geography | |||||||||
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Hosiery Market Size Summary
The hosiery industry is poised for significant growth over the forecast period, driven by a diverse range of product offerings and increasing consumer demand. The market is experiencing a surge in popularity due to the availability of discounts and promotions through online platforms, which has boosted the sales of products like knee highs, leggings, socks, and leg warmers. The growing working population among women has further fueled the demand for leggings, tights, and socks, as these items are becoming essential components of their wardrobes. The industry is witnessing a wave of innovation, with both local and international players introducing designer hosiery featuring organic materials, anti-bacterial yarns, and comfort-focused designs. This trend is largely influenced by changing fashion and lifestyle preferences, where self-grooming and comfort are paramount. The introduction of products like Adidas's TechFit period-proof tights and Hēdoïne's biodegradable tights collection exemplifies the industry's commitment to meeting evolving consumer needs.
The European hosiery market, in particular, is experiencing dynamic growth, supported by rising disposable incomes and a burgeoning working female population. Consumers are increasingly prioritizing fashion and luxury items, driven by urbanization and a desire for modern-class consumer goods. The market is characterized by a fragmented landscape with numerous regional and global players, such as Wolford AG, Hanesbrands Inc., and Jockey International Inc., who are leveraging e-commerce to expand their reach. Innovations in product design and materials, such as Falke's pressure-free running socks and The Heist Studios' sustainable tights, are helping brands maintain a competitive edge. The industry's focus on quality enhancement through mergers, acquisitions, and product innovation is further propelling its growth, as manufacturers strive to meet the high demand for stylish and comfortable hosiery products.
Hosiery Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Product Type
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2.1.1 Body stockings
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2.1.2 Socks
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2.1.3 Knee highs, Hold-ups
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2.1.4 Other Product Types
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2.2 End-User
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2.2.1 Men
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2.2.2 Women
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2.3 Distribution Channel
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2.3.1 Supermarkets/Hypermarkets
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2.3.2 Specialty Stores
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2.3.3 Online Retail Stores
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2.3.4 Other Distribution Channels
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2.4 Geography
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2.4.1 North America
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2.4.1.1 United States
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2.4.1.2 Canada
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2.4.1.3 Mexico
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2.4.1.4 Rest of North America
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2.4.2 Europe
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2.4.2.1 Spain
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2.4.2.2 United Kingdom
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2.4.2.3 Germany
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2.4.2.4 France
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2.4.2.5 Italy
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2.4.2.6 Russia
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2.4.2.7 Rest of Europe
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2.4.3 Asia-Pacific
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2.4.3.1 China
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2.4.3.2 Japan
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2.4.3.3 India
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2.4.3.4 Australia
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2.4.3.5 Rest of Asia-Pacific
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2.4.4 South America
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2.4.4.1 Brazil
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2.4.4.2 Argentina
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2.4.4.3 Rest of South America
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2.4.5 Middle-East and Africa
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2.4.5.1 South Africa
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2.4.5.2 Saudi Arabia
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2.4.5.3 Rest of Middle-East and Africa
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Hosiery Market Size FAQs
How big is the Hosiery Market?
The Hosiery Market size is expected to reach USD 59.72 billion in 2024 and grow at a CAGR of 4.86% to reach USD 75.71 billion by 2029.
What is the current Hosiery Market size?
In 2024, the Hosiery Market size is expected to reach USD 59.72 billion.
