Market Forecast by Countries (South Africa, Nigeria, Kenya, Rest of Africa), By By End-User (Men, Women), By By Distribution Channel (Offline, Online) And Competitive Landscape
Product Code: ETC187292 | Publication Date: May 2021 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 250 | No. of Figures: 50 | No. of Tables: 25 | |
Report Name | Africa Hosiery Market |
Forecast period | 2025-2031 |
CAGR | 5.3% |
Growing Sector | Fashion and Apparel |
Africa Hosiery Market report thoroughly covers the market By Countries, By End-User, and By Distribution Channel. The Market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Africa Hosiery Market is valued at approximately $1.7 billion in 2025 and is projected to grow at a CAGR of 5.3% from 2025 to 2031. This growth is driven by increasing demand for hosiery products due to rising fashion trends, growing urbanization, and an expanding retail landscape. By 2031, the market size is expected to reach around $2.4 billion, supported by the introduction of innovative materials, the popularity of athleisure wear, and a growing emphasis on comfort and functionality in hosiery across various consumer segments in Africa.
Africa Hosiery Market is experiencing a dynamic shift driven by a confluence of cultural, economic, and technological factors. With a growing population and an expanding middle class, demand for diverse and fashionable hosiery products is on the rise. Consumers are increasingly influenced by global fashion trends, prompting local manufacturers to innovate and adapt their offerings. Additionally, the proliferation of digital shopping platforms has transformed how consumers interact with brands, making hosiery more accessible than ever. Sustainability trends are also reshaping the market landscape, as consumers prioritize eco-conscious products that align with their values.
According to 6Wresearch, the Africa Hosiery Market size is projected to reach CAGR of 5.3% during the forecast period of 2025-2031. Several key growth factors are propelling the Africa hosiery market forward. First, the increasing influence of Western fashion and social media platforms has heightened consumer awareness and created a demand for fashionable hosiery products. This is further fueled by rising disposable incomes that incentivize spending on clothing, including accessories like hosiery. However, the industry faces challenges such as economic instability in certain regions and the presence of counterfeit products, which can undermine brand integrity and consumer trust. Furthermore, infrastructural limitations can impede distribution and market penetration for local manufacturers. Despite these challenges, there are emerging opportunities in eco-friendly product lines, design innovations, and smart hosiery solutions, such as moisture-wicking or temperature-regulating fabrics. By aligning with the sustainability movement and leveraging technology to enhance product offerings, companies in the Africa hosiery market can capitalize on changing consumer preferences and secure a competitive edge in this evolving landscape.
In recent years, the government have implemented policies aimed at boosting the Africa Hosiery Market Growth. These include tariff reductions on raw materials, incentives for local production, and support for textile investments. Programs promoting small and medium-sized enterprises (SMEs) have also been introduced to encourage innovation and provide accessible finance, helping local manufacturers increase their competitiveness in both domestic and international markets. Additionally, governments have also focused on developing infrastructure and transportation networks to facilitate the movement of goods within Africa. Tariff reductions on raw materials used in hosiery production have been a common policy implemented by African governments. This has resulted in reduced manufacturing costs for local producers, making their products more affordable and competitive. Furthermore, this has led to increased investments in the sector as well as job creation, contributing to the overall economic growth of these countries.
The Africa hosiery market is characterized by the presence of both international brands and local manufacturers. Key global players such as Nike, Adidas, and HanesBrands have established a significant footprint by launching tailored products aimed at African consumers. Among local companies, brands like Tega Industries and Ramtex have gained a reputation for quality and affordability, leveraging their understanding of regional preferences and trends to capture market share effectively.
The future of the Africa hosiery industry looks promising, driven by rising disposable incomes and increasing fashion consciousness among consumers. E-commerce is set to play a pivotal role, providing greater access to a variety of hosiery products. Additionally, sustainable, and eco-friendly practices are becoming more prevalent, with consumers increasingly seeking products made from recyclable materials. With ongoing investments in technology and infrastructure, the market is expected to witness robust growth, with opportunities in innovative designs and smart hosiery solutions emerging in response to evolving consumer demands.
According to Parth, Senior Research Analyst, 6Wresearch, the women’s hosiery segment is currently witnessing the most significant growth and projected to dominate the Africa Hosiery Marke Share owing to the increasing acceptance of hosiery in both casual and formal settings. Women are increasingly seeking stylish and functional options, particularly in the athleisure category, which has propelled demand.
The online distribution channel is currently experiencing the most significant growth in the Africa hosiery market. The increasing prevalence of e-commerce platforms and digital marketing strategies has made hosiery products more accessible to consumers. Online shopping offers convenience, a wider range of product options, and often competitive pricing, which appeals to a growing number of consumers.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Africa Hosiery Market Overview |
3.1 Africa Regional Macro Economic Indicators |
3.2 Africa Hosiery Market Revenues & Volume, 2021 & 2031F |
3.3 Africa Hosiery Market - Industry Life Cycle |
3.4 Africa Hosiery Market - Porter's Five Forces |
3.5 Africa Hosiery Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 Africa Hosiery Market Revenues & Volume Share, By By End-User, 2021 & 2031F |
3.7 Africa Hosiery Market Revenues & Volume Share, By By Distribution Channel, 2021 & 2031F |
4 Africa Hosiery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Africa Hosiery Market Trends |
6 Africa Hosiery Market, 2021-2031 |
6.1 Africa Hosiery Market, Revenues & Volume, By By End-User, 2021-2031 |
6.2 Africa Hosiery Market, Revenues & Volume, By By Distribution Channel, 2021-2031 |
7 South Africa Hosiery Market, 2021-2031 |
7.1 South Africa Hosiery Market, Revenues & Volume, By By End-User, 2021-2031 |
7.2 South Africa Hosiery Market, Revenues & Volume, By By Distribution Channel, 2021-2031 |
8 Nigeria Hosiery Market, 2021-2031 |
8.1 Nigeria Hosiery Market, Revenues & Volume, By By End-User, 2021-2031 |
8.2 Nigeria Hosiery Market, Revenues & Volume, By By Distribution Channel, 2021-2031 |
9 Kenya Hosiery Market, 2021-2031 |
9.1 Kenya Hosiery Market, Revenues & Volume, By By End-User, 2021-2031 |
9.2 Kenya Hosiery Market, Revenues & Volume, By By Distribution Channel, 2021-2031 |
10 Rest of Africa Hosiery Market, 2021-2031 |
10.1 Rest of Africa Hosiery Market, Revenues & Volume, By By End-User, 2021-2031 |
10.2 Rest of Africa Hosiery Market, Revenues & Volume, By By Distribution Channel, 2021-2031 |
11 Africa Hosiery Market Key Performance Indicators |
12 Africa Hosiery Market - Opportunity Assessment |
12.1 Africa Hosiery Market Opportunity Assessment, By Countries, 2021 & 2031F |
12.2 Africa Hosiery Market Opportunity Assessment, By By End-User, 2021 & 2031F |
12.3 Africa Hosiery Market Opportunity Assessment, By By Distribution Channel, 2021 & 2031F |
13 Africa Hosiery Market - Competitive Landscape |
13.1 Africa Hosiery Market Revenue Share, By Companies, 2024 |
13.2 Africa Hosiery Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |