IndexBox has just released a new report “U.S. Hosiery And Sock Market – Analysis And Forecast to 2025“.
According to the report, the value of hosiery and sock production in the U.S. amounted to $752M in 2016, waning by -11.0% Y-o-Y. Overall, the U.S. hosiery and sock output pursued a noticeable decline from 2007 to 2016. The total output figures decreased at an average annual rate of -7.8%. The trend pattern, however, indicated some noticable fluctuations throughout the analyzed period. The most perceptible growth was recorded in 2010, when the value of production increased by +4% against the previous year level. Over the period under review, the output figure with regard to hosiery and sock in the United States attained its maximum level of $1.4B in 2008. Afterwards, the growth in terms of the hosiery and sock production failed to regain its strength through to 2016.
Hosiery and socks, men’s, finished, sizes 10 and up (excluding sheer) accounted for the highest share (40% in 2016) of U.S. hosiery and sock manufacturing, leaving a considerable room for hosiery and socks, all other types, finished (excluding sheer) (20%). The other related products with less notable individual shares together comprised approx. 39% of the total output. From 2008 to 2016, the value of shipments of hosiery and socks, men’s, finished, sizes 10 and up (excluding sheer) shrank at an average annual rate of -4.2%. At the same time, the output of hosiery and socks, all other types, finished (excluding sheer) waned by an average -10.2% per year.
This report is designed to provide accurate and comprehensive data, as well as a detailed analysis of the current state and midterm prospects of the U.S. hosiery and sock industry. It includes a market overview, which consolidates the key conclusions made from the analysis of the market study, revealing actionable insights in the hosiery and sock industry. The report provides a forecast of the expected changes in the hosiery and sock market in coming years, based on historical trends, external and internal factors, and the main developments affecting the market. Each section contains an in-depth analysis of the data provided. Further data in the report includes: the historical values and current projections regarding production and consumption volume, datasets on the industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.
The trade section provides data on trade partners, such as historical data on imports & exports for each partner country, changes in the direction of trade, as well as import & export prices. An analysis of the hosiery and sock trade shows the opportunities that are currently evolving for producers and suppliers in a changing market.
Product coverage: Sheer hosiery, women’s, misses’, and girls’, finished, full-length, knee-length, and below the knee (excluding socks); Sheer pantyhose, including tights, women’s, misses’, and girls’, finished, all needles; Sheer hosiery, excluding socks, women’s, misses’, and girls’, shipped in the greige; Hosiery and socks, men’s, finished, sizes 10 and up (excluding sheer); Hosiery and socks, all other types, finished (excluding sheer); Socks and hosiery, excluding sheer, shipped in the greige; Hosiery and sock mills, nsk, total.
Renfro Corporation, Spanx, Thorlo, Kayser-Roth Corporation, Acme – McCrary Corporation, Slane Hosiery Mills, Harriss & Covington Hosiery Mills, Gildan USA, Fox River Mills, Crescent Sock Company, Wells Hosiery Mills, For Bare Feet, Mayo Knitting Mill, Universal Hosiery, Gildan Delaware, Trimfit, Cooper Hosiery Mills, Carolina Hosiery Mills, Star America, Leg Resource, Bossong Hosiery Mills, Twin City Knitting Company, Nester Hosiery, Huffman Finishing Company, Candor Hosiery Mills, Lemco Mills, Roka Apparel Products, US Test Company 150, Smith Hosiery, Holt Hosiery Mills.
IndexBox’s methodology consists of obtaining information from a list or highly reliable sources (both paid and open), which include, but are not limited to:
– International official statistical agencies
– Governmental statistical agencies
– Official trade statistics
– Paid trade databases
– Industrial associations
– Company reports
– Industry experts
The AI platform, developed by IndexBox data scientists, compares the disparate pieces of information gathered from various sources, using the relevant methods of data cleaning, categorization, normalization, and predictive modelling for each unique situation. The market trends are provided by our experienced analysts, taking into account recent notable events in the market, in both adjacent and related markets, the raw materials markets, and in those markets, which are the main demand creators for the product under research. The forecast is created using a set of predictive and analytical models, mainly by processing country-by-country data on consumption, production, exports, imports and prices, as well as industry, economic and consumption trends, in addition to possible political and technological trends patterns.
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