PROSPECTS AND OPPORTUNITIES
Limited growth prospects in hosiery
Hosiery faces muted growth over the forecast period with volume sales rising marginally each year. Given its commodity status within apparel and footwear, hosiery suffers from low visibility and high maturity, which will limit growth in the upcoming period.
Healthier lifestyles drive sales of socks
The rising focus on health and exercise is expected to create more opportunities to boost value sales. As consumers increasingly adopting holistic health approaches, they are becoming increasingly receptive to smaller improvements that can improve their overall wellbeing.
E-commerce sales are on the rise
As mentioned above, one of the main reasons for the increasing fragmentation of hosiery in Norway is the rising popularity of e-commerce. Most consumers do not enjoy purchasing hosiery, which is partly why it is considered an add-on purchase.
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Overview:
Understand the latest market trends and future growth opportunities for the Hosiery industry in Norway 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 Norway, 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 Norway 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 Norway?
- Which are the leading brands in Norway?
- How are products distributed in Norway?
- 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 Norway?
- Where is future growth expected to be most dynamic?
Hosiery in Norway - Category analysis
KEY DATA FINDINGS
Hosiery sales face challenging trading period
Grocery retailers hold strong position in hosiery
Sustainable benefits enable brands to add value
Limited growth prospects in hosiery
Healthier lifestyles drive sales of socks
E-commerce sales are on the rise
Apparel and Footwear in Norway - 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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