The end of the review period saw many local consumers significantly reduce their spending due to the rising cost of living and decreasing disposable incomes. Perceived non-essential items such are hosiery are unlikely to frequently feature in many consumers’ shopping budgets over the forecast period, with further drops in volume sales predicted for both sheer and non-sheer segments.
Despite predictions for a further drop in demand for hosiery over the forecast period, volume declines will soften over time. Students tend to require hosiery as it is a key component of many school uniforms.
With many employees continuing to follow hybrid working measures, they have adapted their current wardrobe needs to accommodate their current lifestyles. In this sense, many of them will no longer need to purchase or replace sheer hosiery as frequently due to the more casual attire that is now permitted when they do attend the office in person.
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Understand the latest market trends and future growth opportunities for the Hosiery industry in South Africa with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Hosiery industry in South Africa, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
This is the aggregation of Sheer hosiery and Non-sheer hosiery.See All of Our Definitions
This report originates from Passport, our Hosiery research and analysis database.
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