Hosiery Market: To Witness Excellent Revenue Growth, Emerging Trends & Forecast To  2019 - 2027

-

Global Hosiery Market: Overview 

Rising concern about appearance and grooming among people of all generations is benefiting growth of the global hosiery market. The concern about durability, quality, and fashion among users is augmenting need for the experimentation. Additionally, these factors are augmenting need for the numerous styles and personal grooming. These factors are acting as trends in the hosiery market, which are expected to be same in coming years and drive the growth of the global hosiery market. Moreover, the urbanization has encouraged the modern middle class consumers to spend and indulged into passion for current fashion. These factors are changing lifestyles and benefiting hosiery industry. 

Global Hosiery Market: Notable Development 

Major companies functioning in the global hosiery market includes Hanesbrands, Gilden Activewear, CSP International, Golden Lady SpA, Jockey International, Adidas, Carolina hosiery, Gatta Hosiery USA LLC, and Spanx, Inc. The large number of players in the hosiery market are leading to increase fragmentation of the market. In order to standalone and to gain profitable edge in the market, the key players are relying on the macro and micro economic strategies such as merger and acquisitions, partnerships, joint venture, and collaborations. Additionally, some of the key players are trying to enter in to the market in developing countries and to tap the robust untapped opportunities present in the regions. 
Planning to lay down future strategy? Perfect your plan with our Report Brochure 
  • In 2019, GARNI, a new brand in the market launched hosiery tights, which are known as the gold standard in tights. Rising launch of hosiery-based products is fuelling growth of the global hosiery market. 
  • In 2018, one of the India-based company, Lux Industries entered in to lingerie market by introducing the new hosiery-based products especially for India. Now, the company is waiting for the permission of Securities and exchange Board of India (SEBI) for acquiring JM Hosiery and Ebell Fashions, which are the major producers of the hosiery. Through these initiatives, the player is trying to strengthen its feet in the hosiery and inner wear industry in the country or the region. 

Global Hosiery Market: Drivers and Restraints 

The increasing adoption of women's hosiery due to trend of apparel and fashion is encouraging growth of the global hosiery market. Selection of hosiery items during work out among wellness cognizance women populace is foreseen to the development of the global hosiery market. Men keep on being the real purchasers for hosiery items because of the ascent of athleisure ways of life. 
Expanding deals from online retail are the quickest developing conveyance channel as it is advantageous, spares the season of purchasers and offer different limits on similar items when contrasted with items in the disconnected retail location. Along these lines, the online store is required to be the quickest developing section, which is foreseen to extend the development of the global hosiery market over the estimate time frame. 
Looking for exclusive market insights from business experts? Request a Custom Report 

Global Hosiery Market: Regional Outlook 

On the basis of region, the hosiery market is segmented in to North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Of these, Europe is expected to dominate the global hosiery market and is likely to be dominant in the coming future. North America is expected to secure second-leading position in the global hosiery market in terms of revenue. The growth of both the countries is ascribable to the rising demand for the comfortable clothing. Additionally, rising disposable income of the mid-earning people especially from the developing countries across the Asia Pacific is increasing their expenditure power and affordability of these clothing. This is expected to be a primary factor benefiting growth of the market in the region. 
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

Comments

Post a Comment

Popular posts from this blog

Oil and Gas Terminal Automation Market: To Reflect Impressive Growth Rate By 2019 - 2027

-
  Global  Oil and Gas Terminal Automation Market : Overview A sturdy growth rate, compounded annually, will be recorded in the global oil and gas terminal market, states Transparency market Research (TMR), for the period of 2019 to 2027. It will be driven forward on to a high growth trajectory at the back of a number of growth factors. Some of these are low oil prices and growing demand for natural gas across a number of varied industry verticals. Demand for oil and gas will also be pushed up by growing population for its energy and fuel needs. This in turn will require more exploration, extraction, better storage and robust distribution. And, this again would lead to demand for oil and gas terminal automation. Therefore, the market will be rife with new opportunities of growth in this period. And, as per TMR, the players would do their best to make the most of these. Global Oil and Gas Terminal Automation Market: Competitive Landscape Global oil and gas terminal automation ma...
Read more

Impact Sensing Door Unlock System Market will Generate New Growth Opportunities By 2019 - 2027

-
  Impact Sensing Door Unlock System : Introduction The impact sensing door unlock system unlocks the door automatically without a key, it can be operated through a mobile application. The impact sensing door unlock system consists of sensors and an electronic control unit, wherein the sensors receive a signal from the wireless system and transmits that signal to the electronic control unit. The electronic control unit is wired to the central lock, which in turn unlocks or locks all the doors of the vehicle. Key Drivers of Impact Sensing Door Unlock System Market Rise in demand for safety and security features in a vehicle is estimated to boost the impact sensing door unlock system market. Every vehicle manufacturer is trying to boost the integration of advanced safety features, including center locking system with impact sensing door unlock system that is activated through a mobile application. This in turn is projected to fuel the demand for the impact sensing door unlock system. ...
Read more

Architectural LED Products Market: Size, Analytical Overview, Growth Factors, Demand, Trends And Forecast To 2018 - 2026

-
  Global Architectural LED Products Market: Overview  Safety is one of the key concern in architectural spaces, which is important to recognize the need for acceptable architectural lighting. Proper architectural lighting has a vital role for people occupying the architectural space. Additionally, architectural lighting attracts the person’s attention and enables the architectures for serving its true purpose with enhanced features.  The  architectural LED products market  report involves some of the insightful predictions over the scope of the market and some prospects over growth. The new report from Transparency Market Research (TMR) on the architectural LED products market offers the thorough analysis of market segmentation and involves the past revenue and future forecasts. The report offers numerous key strategies adopted by key players coupled with some prominent trends, which are impacting on the growth. Along with this, it explains important information...
Read more