Product Code: ETC213400 | Publication Date: Aug 2023 | Updated Date: May 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
Indonesia Hosiery market currently, in 2023, has witnessed an HHI of 2614, Which has decreased substantially as compared to the HHI of 8095 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The hosiery market in Indonesia has witnessed steady growth, propelled by fashion trends and changing consumer lifestyles. Hosiery products, including socks, stockings, and tights, are popular among both men and women for their functional and fashion attributes. The market offers a wide range of hosiery products in various designs, colors, and materials to cater to diverse consumer preferences. With the increasing acceptance of hosiery as a fashion accessory and the growing awareness of comfortable and durable hosiery products, the market is expected to continue its positive trajectory.
The hosiery market in Indonesia is experiencing steady growth, fueled by changing fashion trends and an increasing preference for comfortable and stylish legwear. Hosiery products, including socks and stockings, have become essential accessories in the fashion industry and are widely used by both men and women. Additionally, innovations in hosiery materials and designs, along with the expansion of distribution channels, have further contributed to the market`s growth.
The hosiery market in Indonesia faces challenges associated with changing fashion trends and consumer preferences. Consumers` shift towards more casual and athleisure wear has impacted the demand for traditional hosiery products. Intense competition from cheaper imported hosiery products can create pricing pressures for local manufacturers. Additionally, the industry must address sustainability concerns and consider eco-friendly materials and production processes to attract environmentally conscious consumers.
The Indonesia hosiery market experienced fluctuations during the COVID-19 pandemic. With remote work and limited social gatherings, the demand for formal hosiery declined. However, there was an increased demand for casual and comfortable hosiery products as people sought clothing options for home and leisure activities. Online sales channels proved crucial in sustaining market growth during the pandemic, as traditional brick-and-mortar stores faced closures and restrictions.
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 Indonesia Hosiery Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Hosiery Market Revenues & Volume, 2020 & 2030F |
3.3 Indonesia Hosiery Market - Industry Life Cycle |
3.4 Indonesia Hosiery Market - Porter's Five Forces |
3.5 Indonesia Hosiery Market Revenues & Volume Share, By By End-User, 2020 & 2030F |
3.6 Indonesia Hosiery Market Revenues & Volume Share, By By Distribution Channel, 2020 & 2030F |
4 Indonesia Hosiery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Hosiery Market Trends |
6 Indonesia Hosiery Market, By Types |
6.1 Indonesia Hosiery Market, By By End-User |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Hosiery Market Revenues & Volume, By By End-User, 2020-2030F |
6.1.3 Indonesia Hosiery Market Revenues & Volume, By Men, 2020-2030F |
6.1.4 Indonesia Hosiery Market Revenues & Volume, By Women, 2020-2030F |
6.2 Indonesia Hosiery Market, By By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Hosiery Market Revenues & Volume, By Offline, 2020-2030F |
6.2.3 Indonesia Hosiery Market Revenues & Volume, By Online, 2020-2030F |
7 Indonesia Hosiery Market Import-Export Trade Statistics |
7.1 Indonesia Hosiery Market Export to Major Countries |
7.2 Indonesia Hosiery Market Imports from Major Countries |
8 Indonesia Hosiery Market Key Performance Indicators |
9 Indonesia Hosiery Market - Opportunity Assessment |
9.1 Indonesia Hosiery Market Opportunity Assessment, By By End-User, 2020 & 2030F |
9.2 Indonesia Hosiery Market Opportunity Assessment, By By Distribution Channel, 2020 & 2030F |
10 Indonesia Hosiery Market - Competitive Landscape |
10.1 Indonesia Hosiery Market Revenue Share, By Companies, 2023 |
10.2 Indonesia Hosiery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |