Global Hosiery (Women and Men) Market to Reach US$55.6 Billion by 2030

The global market for Hosiery (Women and Men) estimated at US$44.5 Billion in the year 2024, is expected to reach US$55.6 Billion by 2030, growing at a CAGR of 3.8% over the analysis period 2024-2030. Socks, one of the segments analyzed in the report, is expected to record a 3.9% CAGR and reach US$37.5 Billion by the end of the analysis period. Growth in the Sheer Hosiery & Tights segment is estimated at 3.5% CAGR over the analysis period.

The U.S. Market is Estimated at US$7.4 Billion While China is Forecast to Grow at 5.0% CAGR

The Hosiery (Women and Men) market in the U.S. is estimated at US$7.4 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$10.5 Billion by the year 2030 trailing a CAGR of 5.0% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.8% and 3.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.0% CAGR.

Hosiery (Women and Men): A Comprehensive Overview

Hosiery, encompassing a range of products including socks, stockings, tights, and pantyhose, is an essential segment of the fashion and apparel industry for both women and men. These items are designed not only for functional purposes, such as providing warmth and support, but also for aesthetic reasons, enhancing the overall look of an outfit. Hosiery products are made from a variety of materials, including cotton, nylon, wool, and spandex, each offering different levels of comfort, durability, and elasticity. With advancements in textile technology, hosiery now comes in a myriad of designs, patterns, and colors, catering to diverse consumer preferences and fashion trends.

The hosiery market has evolved significantly over the years, reflecting changes in fashion and lifestyle. For women, hosiery items like sheer stockings and patterned tights have remained popular for their ability to complement formal and casual wear alike. In recent years, there has been a noticeable trend towards athleisure and comfort-driven fashion, leading to increased demand for leggings and compression socks, which provide both style and functionality. For men, the hosiery segment has seen a surge in the popularity of designer socks and sports-oriented products. Innovations such as moisture-wicking fabrics and anti-odor technologies have added a new dimension to the traditional hosiery market, appealing to health-conscious and active consumers.

The growth in the hosiery market is driven by several factors. Technological advancements in fabric production and knitting techniques have enabled manufacturers to create more durable, comfortable, and stylish products, appealing to a broader audience. The rise of e-commerce has also played a crucial role, making it easier for consumers to access a wide variety of hosiery products from the comfort of their homes. Additionally, changing fashion trends and increasing awareness about personal grooming have significantly contributed to market expansion. For instance, the growing acceptance of casual and athleisure wear in professional settings has boosted the demand for versatile hosiery items that can be worn in multiple scenarios. Furthermore, the increasing emphasis on health and wellness has led to a rise in the popularity of compression socks and other specialized hosiery designed to improve circulation and support physical activity. These factors, combined with innovative marketing strategies and a focus on sustainable practices, are propelling the hosiery market forward.