PROSPECTS AND OPPORTUNITIES
Fashion trends will enhance category performance over the forecast period
The hosiery category is set to benefit from ongoing fashion trends in both men’s and women’s clothing, which will drive volume and value growth over the forecast period. Consumers are expected to move away from plain cotton socks, embracing more playful options featuring vibrant colours, patterns, and prints.
Sports brands will continue gaining popularity in the years ahead
Aligned with the athleisure trend, sports socks are becoming increasingly popular as a fashion item for both men and women. Health-conscious consumers are focusing on integrating more exercise and physical activity into their daily routines, which will continue to drive demand for non-sheer hosiery.
Hard discounters and private label exploring hosiery
Hosiery in Colombia is expected to become even more fragmented in the forecast period, with an increasing number of unbranded local products and imported hosiery options entering the market. As consumer interest in private label continues to grow, retailers are expanding their hosiery portfolios to meet demand.
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Overview:
Understand the latest market trends and future growth opportunities for the Hosiery industry in Colombia 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 Colombia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Hosiery in Colombia report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Hosiery in Colombia?
- Which are the leading brands in Colombia?
- How are products distributed in Colombia?
- How is the rise of e-commerce shaping demand?
- What % of apparel and footwear sales are made via grocery retailers?
- Do consumers want premium quality or fast fashion?
- How will COVID-19 and recession impact demand?
- How important is sustainability in Hosiery in Colombia?
- Where is future growth expected to be most dynamic?
Hosiery in Colombia - Category analysis
KEY DATA FINDINGS
Cost of living crisis affects category performance
Private label accounts for a high value share in hosiery
Gen Z has cancelled ankle socks and sockets
Fashion trends will enhance category performance over the forecast period
Sports brands will continue gaining popularity in the years ahead
Hard discounters and private label exploring hosiery
Apparel and Footwear in Colombia - Industry Overview
Apparel and footwear in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for apparel and footwear?
DISCLAIMER
The following categories and subcategories are included:
Hosiery
- Sheer Hosiery
- Non-Sheer Hosiery
Why buy this report?
- 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
This report originates from Passport, our Hosiery research and analysis database.
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