Outlook on Global Hosierymarket[2016-2020]

Outlook on Global HosieryMarket[2016-2020]

Bharat Book Bureau provides the report, on“Outlook on Global HosieryMarket[2016-2020]" https://www.bharatbook.com/textiles-and-apparel-market-research-reports-741264/global-hosiery.html market research analyst predicts the global hosiery market to grow at a CAGR of around 4% during the forecast period. Consumers look for the quality, durability, fit, style, and glamor while purchasing hosiery products.

09thJan2016 Mumbai, India: Bharatbook.com announces a report on “ Outlook on Global HosieryMarket[2016-2020] " report also disscussed The rise in sales from the e-commerce sector is another major driver propelling the growth of the hosiery market.

Outlook of the global hosiery market

market research analyst predicts the global hosiery market to grow at a CAGR of around 4% during the forecast period. Consumers look for the quality, durability, fit, style, and glamor while purchasing hosiery products. The increasing concern about personal grooming and appearance is one of the major drivers of the market. Not only is the market for women hosiery rising, but the demand for such goods is asssssssslso rising from the mens segment because these days, even men follow the new trends in fashion and apparels.

The rise in sales from the e-commerce sector is another major driver propelling the growth of the hosiery market. The online retails saves the consumers time, gives product availability at door steps, and offer products at discounted prices, hence they are the fastest growing channel of sales. In terms of region, the e-commerce market in North America is the fastest growing market with nations like the US and Canada dominating the share for the same as of 2014.

Segmentation and analysis of the global hosiery market by product

Socks

Tights

Pantyhose and nylons

In terms of revenue, the socks segment dominated the global hosiery market in 2015 with a share of more than 69% in 2015. The growth of the socks segment is...