In the future, increased awareness of fitness and the desire to get fit, driven by various TikTok and Facebook videos, will be a significant factor contributing to the expected retail volume and current value growth of hosiery in Vietnam. Furthermore, the trend of travelling to run marathons is anticipated to grow significantly throughout the country, driven by the government’s strategy to revitalise the tourism industry towards 2030.
Over the forecast period, sustainable hosiery, such as products which incorporate green and recycled materials, is expected to continue to receive attention from both manufacturers and consumers, due to the rise of the net zero lifestyle. Achieving net zero emissions has been promoted strongly by the government, as it has stated that achieving net zero emissions by 2050 is an inevitable development goal for the world, mainly expected to be achieved through a strong energy transition and low emissions developments.
Over the forecast period, retail e-commerce is expected to continue to grow strongly in terms of the distribution of hosiery, due to the rise of different forms of online shopping. Many consumers now prefer to purchase hosiery from internet retailers such as Shopee, Lazada, and Tiki, or through social networks such as Facebook.
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Understand the latest market trends and future growth opportunities for the Hosiery industry in Vietnam 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 Vietnam, 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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