PROSPECTS AND OPPORTUNITIES
Innovations can add value in hosiery
The growing availability of products that are made with graphene fabrics and have sophisticated features such as antibacterial, odour and temperature control, and cooling effects is expected to drive demand for non-sheer hosiery over the forecast period. Local manufactures are unwilling to fall into difficulty through low-price competition.
Lifestyle retailers will expand product choice
The post-pandemic boom in outbound travel by Taiwanese consumers looks set to persist during the early years of the forecast period. Meanwhile, the rising trend of outdoor activities such as camping and sports along with more active lifestyles is expected to fuel hosiery sales.
Local brands have scope to perform well
Local brands have been emerging across social media, through influencer marketing, independent cultural gift shops and via third party e-commerce marketplaces such as Pinkoi, Design Pin, and Eslite. Many of these brands are designed locally or are inspired by Taiwanese cultural heritage to attract domestic consumers, in particular young hipsters, or foreign tourists.
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Overview:
Understand the latest market trends and future growth opportunities for the Hosiery industry in Taiwan 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 Taiwan, 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 Taiwan 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 Taiwan?
- Which are the leading brands in Taiwan?
- How are products distributed in Taiwan?
- 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 Taiwan?
- Where is future growth expected to be most dynamic?
Hosiery in Taiwan - Category analysis
KEY DATA FINDINGS
Hosiery posts weaker volume growth in 2024
Younger consumers prefer long to unfashionable short socks
Competitive landscape is highly fragmented
Innovations can add value in hosiery
Lifestyle retailers will expand product choice
Local brands have scope to perform well
Apparel and Footwear in Taiwan - 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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