Hosiery is predicted to record low growth in both value terms (at constant 2024 prices) and volume terms over the forecast period, with a marginally stronger performance for sheer hosiery. However, there will be an increasing preference among consumers with active lifestyles for non-sheer hosiery.
A traditional association with hosiery is that of mass production, with these products typically regarded as low-value, hard-worn and short-lived – and thus disposable. However, as with other apparel categories, Australian manufacturers, retailers and consumers are questioning how to move closer to a circular economy.
Local consumers are likely to continue to place significant emphasis on assessing the value of their purchases, often considering the balance between cost and durability, commonly referred to as the “cost per wear”. This shift in consumer behaviour reflects a growing trend towards frugality and practicality.
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Understand the latest market trends and future growth opportunities for the Hosiery industry in Australia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Hosiery industry in Australia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Hosiery
This report originates from Passport, our Hosiery research and analysis database.
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