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The global hosiery market is projected to expand steadily at a CAGR 5% value, during the forecast period 2022-2032. In the year 2022, the market size is projected to expand and gain a global market valuation of US$ 50.7 Billion. Considering this steady growth along with the booming demand in the global market, the hosiery market is expected to reach US$ 82 Billion by 2032. These technologies allow them to quickly and accurately trim the fabric’s edges while also sealing the edges to prevent fraying. They are updating their hosiery lines to include fabrics that are weather-resistant, have high levels of elasticity, and have an antibacterial treatment based on silver. For more insights into the Market, Request a Sample of this Report: https://www.factmr.com/connectus/sample?flag=S&rep_id=121 Key Takeaways from the Market Study In 2022, the global hosiery market is estimated to have a global market size of US$ 50.7 Billion In 2022, the women segment by demography is expected to occupy a 65% market share and is expected to dominate the global market during 2022-2032. The online sales channel segment is projected to hold a global market share of 40% in 2022 The U.S is predicted to acquire 45% of the global market share in 2022 and grow with a 5.1% CAGR during 2022-2032. China is forecast to have a CAGR of 5.2% over the projection period of 2022- 2032. “The hosiery industry is expected to expand rapidly due to its enhanced usage by the athletes and changings trends to provide support and protection to the body. Such developments will open up new avenues during the forecast period,” comments a Fact.MR analyst. Competitive landscape: Spanx Inc. announced in 2021 that it had reached a binding agreement with Blackstone under which the latter would pay US$ 1.2 billion for a majority share in the business. The acquisition will allow SPANX to broaden its worldwide reach, speed up its already quick digital transformation, strengthen its e-commerce presence online, and fuel its dedication to developing ground-breaking, inventive goods for its clients across far more categories. As they join forces to support the global emancipation of women, the companies want to establish an all-female SPANX board of directors. In 2021, Adidasheld a Virtual Investor & Media Day to unveil its new “Own the Game” strategy. The primary strategic goals of “Own the Game” are to increase the legitimacy of the Adidas brand, develop a distinctive customer experience, and broaden the company’s environmental initiatives. Up to 2025, the revised strategy is expected to considerably boost sales, profitability, and market share. Key Companies Profiled:– Spanx Inc. Adidas AG Nordstrom Inc.
Wolford AG Jockey International, Inc. Golden Lady Company S.p.A. L Brands, Inc. CSP International Fashion Group S.p.A. Gildan Activewear Inc. Hanesbrands Inc. Key Segments Covered in the Hosiery Market Report: · By Product : Body Stockings Compression Stockings Knee-High/Hold-Ups Hosiery Stockings Socks Tights Toe Socks · By Demography : Hosiery for Men Hosiery for Women · Hosiery Market by Price Range : Economy-Priced Hosiery Mid-Priced Hosiery Premium-Priced Hosiery Super Premium-Priced Hosiery · By Sales Channel : Modern Trade Specialty Stores Online Stores Other Sales Channels · By Region : North America
Latin America Europe Japan APEJ Middle East Africa For in-depth competitive analysis, Buy Now: https://www.factmr.com/checkout/121 Questionnaire answered in the Market outlook Report of Hosiery include: What is the key strategy deployed by large players to maximize Hosiery Market growth? What are the main challenges faced by players in the Hosiery market Demand? With the advent of technological advancement, how will the Hosiery market landscape change over the forecast period? What does player bring to the table which is unique as a strategy, and is easy to emulate for new investors in the Hosiery market size? About Us: We are a trusted research partner of 80% of fortune 1000 companies across the globe. We are consistently growing in the field of market research with more than 1000 reports published every year. The dedicated team of 400-plus analysts and consultants is committed to achieving the utmost level of our client’s satisfaction. Contact: US Sales Office : 11140 Rockville Pike Suite 400 Rockville, MD 20852 United States Tel: +1 (628) 251-1583 E-Mail: sales@factmr.com