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

IBISWorld’s Hosiery Mills market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.


Industry Threats & Opportunities

  • Industry enterprises are also expected to keep declining as offshoring becomes more popular
  • Over the past five years, prices of the industry’s main inputs have been rapidly rising
  • The portion of dollars spent on imports is expected to soar, leading to rising competition

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    Industry Analysis & Industry Trends

    The rise in offshoring activity in the Hosiery Mills industry has driven industry globalization and 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. 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...

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    Industry Report - Industry SWOT Analysis Chapter

    The Hosiery Mills industry is in the decline stage of its life cycle. Over the 10 years to 2021, industry value added, which measures the industry's contribution to GDP, is expected to fall at an annualized rate of 2.7%. This falling growth rate indicates that the industry will contract, while the US economy grows at a projected rate of 2.1% annually over the same period. Decreasing consumption by buyers and falling enterprise numbers are also indicative of a declining industry.

    High and rising import penetration has caused purchases of hosiery and socks manufactured by domestic companies to fall in the five years to 2016. In ..

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    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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    Industry Products

    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 socks
    Finished sheer pantyhose
    Unfinished sheer hosiery
    Full-length, below knee-length and knee-length hosiery
    Men's hosiery including 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

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    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

  • Products & Markets
    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 including 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
  • Exports
  • Department stores
  • Specialty chain stores
  • Other outlets
  • Chart: Major Market Segmentation for the Hosiery Mills Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    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
    Major Companies
    The Golden Lady GroupRenfro Corporation
  • Table: The Golden Lady Group - financial performance
  • Table: Renfro Corporation - financial performance

  • Operating Conditions
    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
    Key Statistics
    Table: Industry Data for the Hosiery Mills Industry
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Exports (2007-2021)
  • Imports (2007-2021)
  • Wages (2007-2021)
  • Import penetration into the manufacturing sector (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Jargon & Glossary
  • 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.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    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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