Hosiery Market Set to Grow at 4.9% CAGR, Reaching USD 69.73 Billion by 2033

The global Hosiery Market, valued at USD 45.34 billion in 2024, is set to experience robust growth, projected to reach USD 69.73 billion by 2033, with a Compound Annual Growth Rate (CAGR) of 4.9% during the forecast period (2025-2033). The expansion of this market is driven by evolving fashion trends, increasing e-commerce penetration, and growing consumer interest in versatile legwear options.

Market Overview

Hosiery, comprising products such as socks, stockings, tights, and leggings, is an essential segment of the apparel industry. These products serve both practical and aesthetic purposes, with materials such as nylon, spandex, and cotton offering a wide range of designs, patterns, and functionalities. Fashion-conscious consumers and the increasing visibility of hosiery in supermarkets and e-commerce platforms are fueling market growth.

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Scope of the Market

The hosiery market caters to diverse consumer segments based on product type, gender, and distribution channel:

  • By Product Type: Socks, stockings, tights, and leggings.
  • By Gender: Women’s hosiery dominates, but men’s hosiery is growing as male consumers increasingly embrace diverse fashion options.
  • By Distribution Channel: Traditional retail stores hold the largest revenue share, while online retail channels are rapidly gaining traction due to convenience and accessibility.

Market Segmentation

1. Gender:

  • Women: Largest segment, driven by fashion-conscious consumers.
  • Men: Rising demand for functional and stylish options, including compression socks and patterned dress socks.

2. Distribution Channels:

  • Retail Stores: Traditional outlets dominate but are increasingly incorporating technology like augmented reality trial rooms.
  • Online Retail: Growing rapidly with virtual try-on experiences and personalized recommendations.

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Regional Analysis

  • Europe: Leading the market with a CAGR of 4.8%, driven by high disposable incomes and a strong focus on fashion and luxury items. The region benefits from urbanization and a growing number of working women.
  • Asia-Pacific: Fastest-growing region with a CAGR of 5.0%, fueled by rising disposable incomes, urbanization, and cultural shifts toward personal fashion and hygiene. Events like the China International Hosiery Purchasing Expo (CHPE) further support regional growth.

Key Players

  • Hanesbrands Inc.
  • LVMH
  • Gildan Activewear Inc.
  • Golden Lady Company SpA
  • Adidas AG
  • CSP International Fashion Group S.p.A.
  • Renfro Corporation
  • Spanx LLC
  • 2XU Pty Ltd.
  • Carolina Hosiery Inc.

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