Hosiery Market Segmentation by Product, Consumer Type, Age Group and Geographical Outlook
The increasing concern for personal grooming is the key growth driver of the global hosiery market. The growing desire of wearing apparels fitting to the body shape has propelled the growth of the global market. Socks dominated among the various products of the global hosiery market in 2014. Based on consumer type, the market for women is growing at faster pace, as compared to that of men. Women also represent the largest share in the market. Europe lead the market in 2014, however the market in Asia-Pacific is expected to grow with the fastest pace during the forecast period. With the up surging urbanization and growing disposable income, the living standard of people has also been enhancing. The growing purchasing power of middle class consumers is expected to benefit the global market during the forecast period. The fashion industry has been growing at a significant pace. The consumers are demanding for fashionable intimate apparels and hosiery products. The younger people ar...