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 - Industry Locations Chapter
Industry activity is concentrated in the Southeast region of the United States, specifically in North Carolina, which alone is expected to account for well over half of the industry's output. Alabama and Tennessee are also major manufacturing centers for hosiery and sock products. In 2013, this region is expected to account for about 79.8% of industry establishments. The West and Mid-Atlantic regions are the next largest producers of industry products with 6.4% and 5.8% of industry establishments respectively. California (West) and Pennsylvania (Mid-Atlantic) also account for significant portions of industry establishments.
North Carolina alone contributes 56.9% of revenue and 56.1% of industry establishments... purchase to read more