Product Code: ETC213411 | Publication Date: May 2022 | Updated Date: May 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
Saudi Arabia Hosiery market currently, in 2023, has witnessed an HHI of 8031, Which has increased slightly as compared to the HHI of 6687 in 2017. The market is moving towards Highly 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 Saudi Arabia presents a dynamic landscape with a blend of traditional and modern trends. Hosiery includes a wide range of products like socks, stockings, and tights. While traditional styles remain popular, there is an increasing demand for fashionable and comfortable hosiery options. The market caters to diverse preferences, offering various materials, patterns, and designs. The shift towards online shopping and growing fashion consciousness among consumers have contributed to the market`s growth.
The hosiery market in Saudi Arabia has grown due to evolving fashion preferences and a desire for stylish legwear. Hosiery items, once considered basic essentials, have transformed into fashion accessories. With an increasing number of consumers seeking trendy and diverse legwear options, the hosiery market has expanded to cater to various styles and occasions.
The Saudi Arabia hosiery market presents promising prospects in line with shifting fashion trends and the rising disposable income of consumers. Traditional hosiery is witnessing a revival, with modern designs and materials enhancing comfort and aesthetics. The increasing number of women entering the workforce has led to a higher demand for hosiery, both as professional attire and fashionable accessories. Furthermore, the integration of e-commerce platforms provides a convenient channel for consumers to access a wide range of hosiery products. Collaborations with fashion influencers and leveraging social media can greatly enhance brand visibility and customer engagement, ultimately driving growth in the hosiery market.
The hosiery market in Saudi Arabia grapples with several challenges that impact its evolution. Cultural considerations related to dress codes can influence the demand for hosiery products. Market players must design and market hosiery options that align with local norms while also providing comfort and quality. Moreover, competition from alternative legwear options, such as leggings and trousers, requires hosiery manufacturers to emphasize the unique benefits of their products.
The Saudi Arabia hosiery market, comprising stockings, socks, and tights, faced mixed effects during the COVID-19 pandemic. With remote work and reduced social interactions, the demand for formal hosiery items declined. However, there was an uptick in the sales of comfortable and leisure-oriented hosiery products as people spent more time at home. Online platforms became a primary sales channel as traditional retail faced challenges. As restrictions eased, there was a gradual return to conventional hosiery consumption patterns, but the pandemic experience has likely influenced preferences towards more versatile and comfortable hosiery options.
In saudi arabia hosiery market, prominent players include international brands like Nike, Adidas, and Puma, as well as local companies like Al-Jazera Factories.
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 Saudi Arabia Hosiery Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Hosiery Market Revenues & Volume, 2020 & 2030F |
3.3 Saudi Arabia Hosiery Market - Industry Life Cycle |
3.4 Saudi Arabia Hosiery Market - Porter's Five Forces |
3.5 Saudi Arabia Hosiery Market Revenues & Volume Share, By By End-User, 2020 & 2030F |
3.6 Saudi Arabia Hosiery Market Revenues & Volume Share, By By Distribution Channel, 2020 & 2030F |
4 Saudi Arabia Hosiery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Hosiery Market Trends |
6 Saudi Arabia Hosiery Market, By Types |
6.1 Saudi Arabia Hosiery Market, By By End-User |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Hosiery Market Revenues & Volume, By By End-User, 2020-2030F |
6.1.3 Saudi Arabia Hosiery Market Revenues & Volume, By Men, 2020-2030F |
6.1.4 Saudi Arabia Hosiery Market Revenues & Volume, By Women, 2020-2030F |
6.2 Saudi Arabia Hosiery Market, By By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Hosiery Market Revenues & Volume, By Offline, 2020-2030F |
6.2.3 Saudi Arabia Hosiery Market Revenues & Volume, By Online, 2020-2030F |
7 Saudi Arabia Hosiery Market Import-Export Trade Statistics |
7.1 Saudi Arabia Hosiery Market Export to Major Countries |
7.2 Saudi Arabia Hosiery Market Imports from Major Countries |
8 Saudi Arabia Hosiery Market Key Performance Indicators |
9 Saudi Arabia Hosiery Market - Opportunity Assessment |
9.1 Saudi Arabia Hosiery Market Opportunity Assessment, By By End-User, 2020 & 2030F |
9.2 Saudi Arabia Hosiery Market Opportunity Assessment, By By Distribution Channel, 2020 & 2030F |
10 Saudi Arabia Hosiery Market - Competitive Landscape |
10.1 Saudi Arabia Hosiery Market Revenue Share, By Companies, 2023 |
10.2 Saudi Arabia Hosiery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |