PROSPECTS AND OPPORTUNITIES
Pursuit of value will continue to drive demand
The prioritisation of value, through cost or quality, will continue within local hosiery into the forecast period. As consumers’ habits adapt and further prioritise value, brands must align their product offering, product development, and communication strategies to retain a competitive advantage.
Potential EPR legislation will impact brand strategies
As a large portion of hosiery in the UK is made from synthetic fibres, sustainable efforts to reshape the materials used and the production processes will remain under scrutiny. Leading players will continue to invest in alternatives to limit the environmental impact of the merchandise they sell; however, there are still vast opportunities for further development in alternative and recycled fibres, and additional research needs to be conducted into post-consumer waste in categories such as sheer hosiery.
DTC selling will remain a priority through e-commerce and physical channels
As physical and digital retail channels remain essential, selling strategies must be further tailored to hosiery consumers in the UK. Direct-to-consumer (DTC) continues to be prominent in the local market, further altering the traditional distribution strategy for these products.
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Overview:
Understand the latest market trends and future growth opportunities for the Hosiery industry in United Kingdom 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 United Kingdom, 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 United Kingdom 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 United Kingdom?
- Which are the leading brands in United Kingdom?
- How are products distributed in United Kingdom?
- 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 United Kingdom?
- Where is future growth expected to be most dynamic?
Hosiery in the United Kingdom - Category analysis
KEY DATA FINDINGS
Versatility and comfort drive purchasing habits for hosiery
Textile development continues to drive sustainable and tech innovation
Preference for private label and value brands
Pursuit of value will continue to drive demand
Potential EPR legislation will impact brand strategies
DTC selling will remain a priority through e-commerce and physical channels
Apparel and Footwear in the United Kingdom - 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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