The most influential Megatrends set to shape the world through 2030, identified by Euromonitor International, help businesses better anticipate market developments and lead change for their industries.
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Learn moreFeb 2021
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Since hosiery products are not clothing essentials in consumers’ wardrobes, the new normal of staying indoors and working from home dramatically undermined the demand for hosiery. Combined with Singapore’s hot and humid weather conditions, it is also unlikely that consumers will purchase hosiery to be worn indoors, since most hosiery products are usually worn under skirts and dresses by women when attending their workplaces.
With travel restrictions in place globally to contain the spread of COVID-19, all Singaporeans have been advised to defer all travel abroad until further notice. Banned from travelling, consumption of hosiery products for travel purposes, especially non-sheer hosiery required for winter climates such as cable tights or cashmere socks, has been severely impacted.
Between April and June 2020, Singapore’s government implemented a 2-month long “circuit breaker” lockdown, whereby only essential services could operate. Temporary closures of non-essential services due to the lockdown meant that Singaporeans were barred from engaging in outdoor sports activities or working out in gyms, with most forms of exercise limited to indoor workouts or low-intensity outdoor exercise.
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Overview
Discover the latest market trends and uncover sources of future market growth for the Hosiery industry in Singapore with research from Euromonitor's team of in-country analysts.
Find hidden opportunities in the most current research data available, understand competitive threats with our detailed market analysis, and plan your corporate strategy with our expert qualitative analysis and growth projections.
If you're in the Hosiery industry in Singapore, our research will save you time and money while empowering you to make informed, profitable decisions.
The Hosiery in Singapore market research report includes:
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This industry report originates from Passport, our Apparel and Footwear market research database.
Gain competitive intelligence about market leaders. Track key industry trends, opportunities and threats. Inform your marketing, brand, strategy and market development, sales and supply functions.