Tight competition: The number of enterprises will continue declining as offshoring becomes more popular

Over the five years to 2017, changing consumer preferences regarding hosiery products have adversely affected demand for the Hosiery Mills industry. Casual dress and bare legs have become more acceptable in the workplace and, thus, fewer women are wearing hosiery. The rise in offshoring activity has been driven by downstream demand from consumers that 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. Over the five years to 2022, industry revenue is forecast to continue falling...purchase to read more.

Industry Statistics & Market Size
Annual Growth 12-17
Forecast Growth 17-22
Market Share of Companies

Industry Threats & Opportunities

  • The rise in offshoring has been driven by ddemand from consumers who want quality products at low prices
  • The challenging economic environment caused declines in enterprises, wages and employment
  • The portion of dollars spent on imports is expected to soar, leading to rising competition
  • 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 over half of the industry's output. Alabama and Tennessee are also major manufacturing centers for hosiery and sock products. In 2017, this region is expected to account for 76.7% of industry establishments. The Mid-Atlantic, West and Great Lakes regions are the next largest producers of industry products, accounting for 9.0%, 5.3% and 4.5% of industry establishments, respectively. California (West) and New York (Mid-Atlantic) also account for significant portions of industry establishments.North Carolina alone contributes 54.9% of all industry establishments. Wel...purchase to read more.

    Additional Insights for the Hosiery Mills Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Hosiery Mills Industry are

  • Economies of scope
  • Economies of scale
  • Ability to alter goods and services produced in favor of market conditions
  • IBISWorld analysts also discuss how external factors such as Import penetration into the manufacturing sector and Per capita disposable income in the Hosiery Mills industry impact industry performance..

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    What's in this report

    What is the Hosiery Mills Industry?

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

    Industry Products
  • Cotton and cotton blend socks
  • Finished sheer pantyhose
  • Unfinished sheer hosiery
  • Full-length, below knee-length and knee-length hosiery
  • Men's hosiery and socks
  • Industry Activities
  • Manufacturing full- and knee-length hosiery for women and girls
  • Knitting and finishing nylon and sheer hosiery
  • Knitting and finishing pantyhose
  • Manufacturing sheer stockings (not including socks)
  • Manufacturing socks for men, women and children
  • Knitting and finishing tights
  • Knitting and finishing athletic socks
  • Knitting and finishing sheer footies
  • Knitting and finishing leggings
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Import penetration into the manufacturing sector
  • Per capita disposable income
  • Trade-weighted index
  • Demand from department stores
  • World price of cotton

  • Current Performance
  • Price competition
  • Shrinking industry size
  • Falling input costs
  • Chart: Revenue Growth

  • Industry Outlook
  • Foreign competition
  • Costs and participation
  • The importance of innovation
  • Table: Hosiery Mills Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Hosiery Mills Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Men's & Boys' Apparel Wholesaling
  • Women's & Children's Apparel Wholesaling
  • Convenience Stores
  • Men's Clothing Stores
  • Women's Clothing Stores
  • Children's & Infants' Clothing Stores
  • Family Clothing Stores
  • Lingerie, Swimwear & Bridal Stores
  • Department Stores
  • Warehouse Clubs & Supercenters

  • Key Selling Industries
  • Cardboard Box & Container Manufacturing
  • Cotton Farming
  • Sheep Farming
  • Synthetic Fiber Manufacturing
  • Textile Mills

  • Products & Services
  • Men's hosiery and socks
  • Cotton and cotton blend socks
  • Finished sheer pantyhose
  • Full-length, below knee-length and knee-length hosiery
  • Unfinished sheer hosiery
  • Chart: Hosiery Mills Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Discount stores and mass merchandisers
  • Department stores
  • Exports
  • Specialty chain stores
  • Other outlets
  • Chart: Major Market Segmentation for the Hosiery Mills Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Hosiery Mills

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Hosiery Mills Industry

  • Industry Globalization
    Golden Lady Company S.p.A., Renfro Corporation,
  • Table: Golden Lady Company S.p.A. - financial performance
  • Table: Renfro Corporation - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Hosiery Mills Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Hosiery Mills Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Import penetration into the manufacturing sector (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
  • A knit or woven covering for the feet and legs that is worn inside shoes; it generally refers to stockings, socks and underclothing for the legs and feet.
  • Offshoring
  • The transfer of manufacturing operations to another country, regardless of whether the work is outsourced or stays within the same company
  • Outsourcing
  • A subcontracting process where manufacturing is conducted by a third party, either locally or internationally.
  • Pantyhose
  • A form of sheer women's hosiery that extends from the waist to the toes.
  • Sheer Hosiery
  • A type of thin hosiery that extends from the waist to the toes, often referred to as pantyhose.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Hosiery Mills Industry Research Report contains up-to-date data and analysis, allowing you to identify the strengths and potential weaknesses of major companies in the industry. Build your credibility with clients and prospects by sharing insights into the current and emerging trends driving their industry. Our market research gives you the tools to win new business and keep existing clients.

    IBISWorld industry market research reports enable you to:
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    This report on Hosiery Mills:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Hosiery Mills market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Hosiery Mills, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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