The global hosiery market is expanding as people of all generations become more conscious of their appearance and upkeep. Users' worries about reliability, style, and quality are increasing the demand for experimentation. These reasons are also increasing the need for various fashion trends and personal grooming. These elements are trends in the hosiery market that are predicted to continue in the upcoming years and fuel the expansion of the world hosiery market. In addition, urbanisation has stimulated modern middle class customers' desire to spend money on the latest trends. These elements are altering lifestyles for the better and helping the hosiery business.
The worldwide hosiery industry is expanding due to the rising popularity of women's underwear as a result of apparel and fashion trends. The worldwide hosiery industry is expected to grow as more women who are wellness-conscious want to wear undergarments while exercising. Because athleisure lifestyles are becoming more popular, men continue to be the main consumers of hosiery products.
When compared to things at a disconnected retail location, expanding sales from online retail are the fastest growing delivery channel since it is advantageous, saves the time of customers, and offers different limits on similar items. In order to expand the growth of the worldwide hosiery market throughout the projected time frame, it is necessary for the online store to be the segment that develops the fastest.
The global hosiery industry is predictable to expand steadily at a CAGR 5% value, during the forecast period 2022-2032. In the year 2022, the market size is predictable to expand and gain a global market estimate of US$ 62 Billion. The hosiery market is anticipated to reach US$ 82 billion by 2032, taking into account this consistent expansion and the increasing demand in the global market
