Product Code: MRFR/CR/21728-CR
Global Legwear Market Research Report Information By Price Range (Economy/Mass and Premium), By Type (Socks, Medical Hosiery, Tight Leggings, Sheer, Opaque Hosiery, and Others), By Size Type (Regular and Plus Size), By End User (Adult and Kids), By Distribution Channel (Hypermarkets/Supermarkets, Specialty Stores, Online, and Others) And By Region (North America, Europe, Asia-Pacific, South America, and Middle East and Africa) - Forecast Till 2032
Market Overview
In 2023, the legwear market was estimated to be worth USD 62,563.85 million. It is anticipated that the legwear market will expand at a compound annual growth rate (CAGR) of 4.91% from 2024 to 2032, reaching USD 86,981.84 million. Urbanization and lifestyle changes, changing fashion trends, growing health consciousness, and consumer awareness and preference for sustainable products have all contributed to the steady demand for legwear on a global scale.
Because clients may personalize their legwear to suit their preferences, it is well-liked all across the world. Customers' desire for individualized goods and experiences is reflected in this trend. Customer satisfaction and brand loyalty are increased by personalized legwear with distinctive designs, hues, fits, and features. Personalization is driven by the desire for distinctive and expressive clothing. Gen Z and Millennials desire personalized goods. Customers can choose patterns, hues, and graphics for unique, eye-catching legwear.
Functional customization is also becoming quite popular, especially with consumers that are performance- and athletic-oriented. Legwear designed for certain activities, such as jogging, yoga, or hiking, can be customized with compression zones, moisture-wicking properties, and temperature management. Customers' comfort and sporting experience can be enhanced by selecting legwear that meets their performance needs.
Perspectives on Market Segments
The legwear market has been divided into premium and economy/mass categories based on price range.
The market has been divided into several categories based on kind, including socks, medical hosiery, tight leggings, sheer, opaque hosiery, and others.
The legwear market has been divided into ordinary and plus sizes based on the type of sizing.
The market has been divided into adult and child segments based on the end user.
The market has been divided into specialty shops, hypermarkets/supermarkets, internet retailers, and others based on the distribution route.
Regional Perspectives
North America, Europe, Asia Pacific, South America, and the Middle East & Africa are the regions into which the study divides the market. With a 33.22% market share in 2023, the Asia Pacific legwear market is predicted to grow to 5.66%. China, India, Japan, South Korea, and the rest of Asia Pacific make up the Asia Pacific area. Rising earnings, shifting design trends, and growing urbanization are driving expansion in the Asia-Pacific legwear market, which includes China, India, Japan, South Korea, and the surrounding area. These nations varied cultural and economic environments create a dynamic market with a range of customer tastes and buying patterns. The MRFR analyst projects that the average person in the region will consume 0.3 units of tights and leggings in 2024, indicating a consistent demand driven by both fashion trends and utilitarian demands.
Key Players
Adidas Group (Germany), Langsha Group (China), Nike, Inc. (US), Gildan Activewear Inc. (Canada), Golden Lady Company Spa (Italy), Li Ning (China), Page Industries Limited (India), Hanesbrands Inc. (US), Spanx, LLC. (US), and Wolford AG (Austria) are important players in the legwear market.
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY
- 1.1 MARKET ATTRACTIVENESS ANALYSIS
- 1.1.1 GLOBAL LEGWEAR MARKET, BY PRICE RANGE
- 1.1.2 GLOBAL LEGWEAR MARKET, BY TYPE
- 1.1.3 GLOBAL LEGWEAR MARKET, BY SIZE TYPE
- 1.1.4 GLOBAL LEGWEAR MARKET, BY END USER
- 1.1.5 GLOBAL LEGWEAR MARKET, BY DISTRIBUTION CHANNEL
- 1.1.6 GLOBAL LEGWEAR MARKET, BY REGION
2 MARKET INTRODUCTION
- 2.1 DEFINITION
- 2.2 SCOPE OF THE STUDY
- 2.3 RESEARCH OBJECTIVE
- 2.4 MARKET STRUCTURE
3 RESEARCH METHODOLOGY
- 3.1 OVERVIEW
- 3.2 DATA FLOW
- 3.2.1 DATA MINING PROCESS
- 3.3 PURCHASED DATABASE:
- 3.4 SECONDARY SOURCES:
- 3.4.1 SECONDARY RESEARCH DATA FLOW:
- 3.5 PRIMARY RESEARCH:
- 3.5.1 PRIMARY RESEARCH DATA FLOW:
- 3.5.2 PRIMARY RESEARCH: NUMBER OF INTERVIEWS CONDUCTED
- 3.5.3 PRIMARY RESEARCH: REGIONAL COVERAGE
- 3.6 APPROACHES FOR MARKET SIZE ESTIMATION:
- 3.6.1 CONSUMPTION & NET TRADE APPROACH
- 3.6.2 REVENUE ANALYSIS APPROACH
- 3.7 DATA FORECASTING
- 3.7.1 DATA FORECASTING TECHNIQUE
- 3.8 DATA MODELING
- 3.8.1 MICROECONOMIC FACTOR ANALYSIS:
- 3.8.2 DATA MODELING:
- 3.9 TEAMS AND ANALYST CONTRIBUTION
4 MARKET DYNAMICS
- 4.1 INTRODUCTION
- 4.2 DRIVERS
- 4.2.1 EVOLVING FASHION TRENDS
- 4.2.2 INCREASING HEALTH-CONSCIOUS POPULATION
- 4.2.3 URBANIZATION AND LIFESTYLE CHANGES
- 4.2.4 RISING CONSUMER AWARENESS AND PREFERENCE FOR SUSTAINABLE PRODUCTS
- 4.3 RESTRAINTS
- 4.3.1 HIGH COMPETITION
- 4.3.2 . VOLATILITY IN RAW MATERIAL PRICES
- 4.3.3 ECONOMIC DOWNTURNS
- 4.4 OPPORTUNITY
- 4.4.1 E-COMMERCE EXPANSION
- 4.4.2 SUSTAINABILITY IN FOCUS
- 4.4.3 INNOVATION IN MATERIAL
- 4.5 CHALLENGES
- 4.5.1 PREVALENCE OF COUNTERFEIT PRODUCTS
- 4.5.2 . SUPPLY CHAIN DISRUPTIONS
- 4.6 STRATEGIC INSIGHTS
- 4.6.1 TECHNOLOGY UPDATE
- 4.6.2 REGIONAL MARKETS TO LOOKOUT FOR
- 4.7 REGULATORY UPDATE
- 4.8 MARKET TRENDS
- 4.9 IMPACT ANALYSIS OF COVID-19
- 4.9.1 IMPACT ON OVERALL APPAREL INDUSTRY
- 4.9.2 IMPACT ON THE GLOBAL LEGWEAR MARKET (INCL. ECONOMIC IMPACT)
- 4.9.3 IMPACT ON THE SUPPLY CHAIN OF LEGWEAR
- 4.9.4 IMPACT ON MARKET DEMAND FOR LEGWEAR
- 4.9.4.1 IMPACT OWING TO RESTRICTIONS/LOCKDOWN
- 4.9.4.2 CONSUMER SENTIMENTS
- 4.9.5 IMPACT ON PRICING OF LEGWEAR
- 4.9.6 CONSUMER BEHAVIOUR ANALYSIS
5 MARKET FACTOR ANALYSIS
- 5.1 VALUE CHAIN ANALYSIS
- 5.1.1 RESEARCH & DEVELOPMENT
- 5.1.2 DESIGN & PRODUCT DEVELOPMENT
- 5.1.3 MANUFACTURING
- 5.1.4 SALES & MARKKETING
- 5.1.5 DISTRIBUTION & LOGISTICS
- 5.1.6 END-USER
- 5.2 SUPPLY CHAIN ANALYSIS
- 5.2.1 PARTICIPANTS (AT DIFFERENT NODES)
- 5.2.1.1 RAW MATERIAL SUPPLIERS
- 5.2.1.2 MANUFACTURERS
- 5.2.1.3 DISTRIBUTION & LOGISTICS
- 5.2.1.4 SALES CHANNEL
- 5.2.2 INTEGRATION LEVELS
- 5.2.3 KEY ISSUES ADDRESSED (KEY SUCCESS FACTORS)
- 5.3 PORTER'S FIVE FORCES MODEL
- 5.3.1 BARGAINING POWER OF SUPPLIERS
- 5.3.2 BARGAINING POWER OF BUYERS
- 5.3.3 THREAT OF NEW ENTRANTS
- 5.3.4 THREAT OF SUBSTITUTES
- 5.3.5 INTENSITY OF RIVALRY
6 GLOBAL LEGWEAR MARKET, BY PRICE RANGE
- 6.1 INTRODUCTION
- 6.2 ECONOMY/MASS
- 6.3 PREMIUM
7 GLOBAL LEGWEAR MARKET, BY TYPE
- 7.1 INTRODUCTION
- 7.2 SOCKS
- 7.3 MEDICAL HOSIERY
- 7.4 TIGHT LEGGINGS
- 7.5 SHEER
- 7.6 OPAQUE HOSIERY
- 7.7 OTHERS
8 GLOBAL LEGWEAR MARKET, BY SIZE TYPE
- 8.1 INTRODUCTION
- 8.2 REGULAR
- 8.3 PLUS SIZE
9 GLOBAL LEGWEAR MARKET, BY END USER
- 9.1 INTRODUCTION
- 9.2 ADULT
- 9.3 KIDS
10 GLOBAL LEGWEAR MARKET, BY DISTRIBUTION CHANNEL
- 10.1 INTRODUCTION
- 10.2 HYPERMARKETS/SUPERMARKETS
- 10.3 SPECIALTY STORES
- 10.4 ONLINE
- 10.5 OTHERS
11 GLOBAL LEGWEAR MARKET, BY REGION
- 11.1 OVERVIEW
- 11.2 NORTH AMERICA
- 11.2.1 US
- 11.2.2 CANADA
- 11.2.3 MEXICO
- 11.3 EUROPE
- 11.3.1 GERMANY
- 11.3.2 UK
- 11.3.3 FRANCE
- 11.3.4 SPAIN
- 11.3.5 ITALY
- 11.3.6 REST OF EUROPE
- 11.4 ASIA PACIFIC
- 11.4.1 CHINA
- 11.4.2 INDIA
- 11.4.3 JAPAN
- 11.4.4 SOUTH KOREA
- 11.4.5 AUSTRALIA & NEW ZEALAND
- 11.4.6 REST OF ASIA PACIFIC
- 11.5 SOUTH AMERICA
- 11.5.1 SOUTH AMERICA
- 11.5.2 BRAZIL
- 11.5.3 ARGENTINA
- 11.5.4 REST OF SOUTH AMERICA
- 11.6 MIDDLE EAST & AFRICA
- 11.6.1 GCC COUNTRIES
- 11.6.2 TURKEY
- 11.6.3 NORTHERN AFRICA
- 11.6.4 SOUTHERN AFRICA
12 COMPETITIVE LANDSCAPE
- 12.1 INTRODUCTION
- 12.2 COMPETITION DASHBOARD
- 12.2.1 PRODUCT PORTFOLIO
- 12.2.2 REGIONAL PRESENCE
- 12.2.3 STRATEGIC ALLIANCES
- 12.2.4 INDUSTRY EXPERIENCES
- 12.3 MARKET SHARE ANALYSIS, 2023
- 12.4 WHO ARE THE MAJOR DISRUPTORS & INNOVATORS
- 12.5 WHAT STRATEGIES ARE BEING ADOPTED BY MARKET LEADERS
- 12.6 COMPARATIVE ANALYSIS: KEY PLAYERS FINANCIAL
- 12.7 LIST OF KEY PLAYERS/BRANDS, BY REGION
- 12.8 KEY DEVELOPMENTS & GROWTH STRATEGIES
- 12.8.1 PRODUCT LAUNCH/PARTERSHIP
13 COMPANY PROFILES
- 13.1 HANESBRANDS INC
- 13.1.1 COMPANY OVERVIEW
- 13.1.2 FINANCIAL OVERVIEW
- 13.1.3 PRODUCTS OFFERED
- 13.1.4 KEY DEVELOPMENTS
- 13.1.5 SWOT ANALYSIS
- 13.1.6 KEY STRATEGIES
- 13.2 SPANX, LLC.
- 13.2.1 COMPANY OVERVIEW
- 13.2.2 FINANCIAL OVERVIEW
- 13.2.3 PRODUCTS OFFEREDS
- 13.2.4 KEY DEVELOPMENTS
- 13.2.5 KEY STRATEGIESS
- 13.3 LI-NING
- 13.3.1 COMPANY OVERVIEW
- 13.3.2 . FINANCIAL OVERVIEW
- 13.3.3 PRODUCT PORTFOLIO
- 13.3.4 KEY DEVELOPMENTS
- 13.3.5 KEY STRATEGIES
- 13.4 PAGE INDUSTRIES LIMITED
- 13.4.1 COMPANY OVERVIEW
- 13.4.2 FINANCIAL OVERVIEW
- 13.4.3 PRODUCTS OFFERED
- 13.4.4 KEY DEVELOPMENTS
- 13.4.5 SWOT ANALYSIS
- 13.4.6 KEY STRATEGIES
- 13.5 ADIDAS GROUP
- 13.5.1 COMPANY OVERVIEW
- 13.5.2 FINANCIAL OVERVIEW
- 13.5.3 PRODUCTS OFFERED
- 13.5.4 KEY DEVELOPMENTS
- 13.5.5 SWOT ANALYSIS
- 13.5.6 KEY STRATEGIES
- 13.6 LANGSHA GROUP
- 13.6.1 COMPANY OVERVIEW
- 13.6.2 FINANCIAL OVERVIEW
- 13.6.3 PRODUCTS OFFERED
- 13.6.4 KEY DEVELOPMENTS
- 13.6.5 KEY STRATEGIES
- 13.7 NIKE, INC
- 13.7.1 COMPANY OVERVIEW
- 13.7.2 FINANCIAL OVERVIEW
- 13.7.3 PRODUCTS OFFERED
- 13.7.4 KEY DEVELOPMENTS
- 13.7.5 SWOT ANALYSIS
- 13.7.6 KEY STRATEGIES
- 13.8 GILDAN ACTIVEWEAR INC
- 13.8.1 COMPANY OVERVIEW
- 13.8.2 FINANCIAL OVERVIEW
- 13.8.3 PRODUCTS OFFERED
- 13.8.4 KEY DEVELOPMENTS
- 13.8.5 KEY STRATEGIES
- 13.9 GOLDEN LADY COMPANY SPA
- 13.9.1 COMPANY OVERVIEW
- 13.9.2 FINANCIAL OVERVIEW
- 13.9.3 PRODUCTS OFFERED
- 13.9.4 KEY DEVELOPMENTS
- 13.9.5 KEY STRATEGIES
- 13.10 WOLFORD AG
- 13.10.1 COMPANY OVERVIEW
- 13.10.2 FINANCIAL OVERVIEW
- 13.10.3 PRODUCTS OFFERED
- 13.10.4 KEY DEVELOPMENTS
- 13.10.5 SWOT ANALYSIS
- 13.10.6 KEY STRATEGIES
- 13.11 DATA CITATIONS