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Hosiery Mills in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Hosiery Mills Market Research Report | NAICS 31511 | Dec 2014

Tight competition: Enterprises will continue declining as offshoring becomes more popular

The Hosiery Mills market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 09-14
-6.4%
Annual Growth 14-19
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Profit
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Employment
9,025
Businesses
127
Industry Analysis & Industry Trends

The rise in offshoring activity in the Hosiery Mills industry has driven industry globalization and downstream demand from consumers who demand quality products at low prices. As a result, many operators have offshored a large portion of their manufacturing capabilities in an attempt to reduce costs and remain competitive. In the coming years, improvements in downstream demand, driven by increased consumer spending, are anticipated to somwhat increase sales of domestically produced hosiery and socks... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Hosiery Mills industry is in the decline stage of its life cycle. Over the 10 years to 2019, industry value added, which measures the industry's contribution to GDP, is expected to fall at an annualized rate of 4.7%. This falling growth rate indicates that the industry will contract, while the US economy grows at a projected rate of 2.5% annually over the same period. Decreasing consumption by buyers and falling enterprise numbers also indicate a declining industry.

High and rising import penetration has caused purchases of hosiery and socks manufactured by domestic firms to fall in the five years to 2014... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Hosiery Mills Industry?

This industry comprises establishments that primarily manufacture hosiery and sock products. In company-owned and leased facilities, producers form raw materials (like cotton and polyester) into hosiery and socks. Products are then sold to wholesalers and retailers for resale to consumers.

Industry Products
Cotton and cotton blend socksPantyhoseSynthetic socksFull-length and knee-length stockings
 
Industry Activities
Manufacturing full and knee length hosiery for women and girlsKnitting and finishing nylon and sheer hosiery Knitting and finishing pantyhoseManufacturing sheer stockings (not including socks)Manufacturing socks for men, women and childrenKnitting and finishing tightsKnitting and finishing athletic socksKnitting and finishing sheer footiesKnitting and finishing leggings


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