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 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 2014, 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