In the forecast period, the ongoing demand for hosiery will be supported by the fact that students need socks as part of their school uniforms. Similarly, sales will be supported by demand amongst office workers, with socks being a necessary item of office wear even in the context of the increasing casualisation of the workplace.
Small players in hosiery increasingly use e-commerce as a convenient means of selling their products. Usually, small online players offer more unique designs to appeal to consumers, who are exposed to wide selections of hosiery in malls.
Non-sheer hosiery will continue to account for the largest share of value sales by far in the forecast period, with socks and other sports-orientated non-sheer hosiery projected to record significant growth. As the disruption from COVID-19 completely subsides, hosiery is projected to see strong growth around the world and in the Philippines over the course of the forecast period, with active participation across countries and rising growth for smaller players with regional popularity.
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Understand the latest market trends and future growth opportunities for the Hosiery industry in Philippines 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 Philippines, 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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