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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 | Nov 2013

Tight competition: High import penetration and rising input costs have restrained growth

IBISWorld’s Hosiery Mills market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 08-13
-6.7%
Annual Growth 13-18
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Profit
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Employment
9,651
Businesses
133
Industry Analysis & Industry Trends

This declining industry has experienced falling revenue over the past five years. Changing consumer preferences and increased competition from imports has caused declines in demand for domestic hosiery and sock products. Industry players are challenged with innovating and developing products that stimulate demand to recapture some of the sales lost over the past decade. Firms that can encapsulate consumer requirements and offer hosiery and sock products that enhance their satisfaction will be in a better position to grow in a shrinking environment... purchase to read more

Industry Report - Starting a New Business Chapter

New firms in the Hosiery Mills industry have difficulty in establishing their product in the market place due to a relatively high numbers of competitors promoting largely homogenous products. This environment makes it difficult for new players to differentiate themselves in any meaningful way to lure consumers to their product over more established brands.

A significant financial outlay is also required to purchase a plant and the necessary equipment. It is costly to develop and test new products and there are high advertising costs associated with promoting new products. Loyalty to existing products can make it difficult for new manufacturers to attract sales... 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
Women's and girls' full and knee length hosieryNylon and sheer hosiery knitting and finishingPantyhose knitting and finishingStockings (except socks), sheer,Men's, women's and children's sockTights knitting and finishingAthletic sock knitting and finishingFooties, sheer, knitting and finishingLeggings knitting and finishing


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