Hosiery Market Clocking A CAGR Worth 4.8% Across The Forecast Period Ranging From 2021 To 2031.

Fact.MR’s recently published report estimates the global hosiery market to accelerate at a CAGR of 4.8% from 2021 to 2031, expected to reach US$ 80 Bn by the end of the aforementioned forecast period. As of 2021, the industry is likely to be valued at US$ 60 Bn. Demand is likely to accelerate on the back of increasing functionality across multiple sectors.

From 2016 to 2020, hosiery sales inclined at a CAGR of around 3%. Prospects received a significant setback during the COVID-19 pandemic, especially in the sports and outdoor activities segment, given the cessation of all sponsored activities to contain the spread of the disease. However, demand for everyday wear remained strong, as consumers simply shifted to e-commerce platforms.

Future growth prospects are likely to be reliant on extensive applications for therapeutic purposes in the healthcare industry. For instance, there is an increased demand for compression stockings, amid the highly prevalent incidence of venous disorders. It is estimated that around 20% of all adults suffer from varicose veins at some point of their lives, with 3-6% of them being converted to open wounds if left untreated. Hence, hosiery manufacturers are designing specialised leggings to address these issues.

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Hosiery Market – Scope of Report:

A latest publication by Fact.MR on the global Hosiery market evaluates the opportunities and current market landscape, and provides detailed analysis and updates about corresponding sections affecting the market.

The study offers detailed insights on key market dynamics, which include the drivers, restraints, trends, and opportunities in the market.

The principal aim of the study is to present exclusive information about how the market will perform during the forecast period of 2020-2030.

Important indicators for the successful growth of the Hosiery market are presented in this comprehensive report, which include Year-on-Year (Y-o-Y) growth analysis of the market, and compounded annual growth rate (CAGR), which are described in an exhaustive way in Fact.MR’s study.

This research study can support readers to know the demand for Hosiery supplements, and the quantitative development opportunities during the study period.

The research is beneficial for shareholders in Pulse Oximeters, including investors, manufacturers, service providers, distributors, and suppliers, and can help them in developing suitable business strategies to flourish in the market.

Insights and wisdom presented in this Fact.MR study can be leveraged by shareholders in the market, industry experts, investors, researchers, and reporters, as well as business enthusiasts.

In-depth Analysis on Competitive Landscape

The report sheds light on leading providers of Colorectal Cancer Diagnostics, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in the Hosiery offering has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.

Company profiles have been included in the report, which include essentials such as product portfolios and key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting the market status, and predicting the competition level in the Hosiery market.

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Report benefits & key questions answered

• Post covid consumer spending on Hosiery: the report also highlights the change in the buying behavior of consumers and shifts in purchasing power, post covid-19. This information will assist the businesses to plan their production and marketing strategies.
• Hosiery demand outlook: the market intelligence study reports highlights the factor propelling the demand for Hosiery. As per the study, the demand for Hosiery will grow through 2031.
• Hosiery historical volume analysis: FACT.MR survey report provides insights into the sales registered over the last forecast year 2016 to 2020 and create estimates regarding the sales performance for 2021-2031.
• Hosiery consumption by demographics: the report provides consumption by demographics analysis to assist the market players in designing their expansion strategies on the basis of consumption pattern of the customers.

Hosiery Market Segmentations:

• Product Type

  • Body Stockings
  • Compression Stockings
  • Knee-high/Hold-ups Hosiery
  • Stockings
  • Socks
  • Tights
  • Toe Socks

• Demography

  • Hosiery for Men
  • Hosiery for Women

• Price Range

  • Economy-priced Hosiery
  • Mid-priced Hosiery
  • Premium-priced Hosiery
  • Super Premium-priced Hosiery

• Sales Channel

  • Hosiery Sales via Modern Trade
  • Hosiery Sales via Specialty Stores
  • Hosiery Sales via Online Stores
  • Hosiery Sales via Other Sales Channels

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