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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

IBISWorld’s Hosiery Mills market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

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 Key Buyers Chapter

The Hosiery Mills industry has a high level of concentration, as the four largest companies in the industry are estimated to account for 75.6% of total industry revenue. Generally, an industry is considered to have a high level of concentration when the top four firms account for greater than 70.0% of industry revenue. The industry is divided into very large manufacturers that have worldwide sales or small operators that target very specific niche markets. Since a large operation is needed to successfully reduce cost because of high competition from imports a handful of manufacturers try to acquire the right to produce the most popular brands, which can improve profit margins... 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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