Product Code: ETC213397 | 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 | |
Thailand Hosiery market currently, in 2023, has witnessed an HHI of 7380, Which has decreased moderately as compared to the HHI of 9141 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 Thailand hosiery market encompasses a wide range of products, including stockings, socks, and leggings. Hosiery is a staple in many wardrobes, offering both functional and fashion-forward options. Thai consumers use hosiery for various occasions, from daily wear to special events. The market has seen a shift towards eco-friendly and sustainable hosiery products, driven by consumer awareness of environmental issues. Innovative materials, such as bamboo and recycled fibers, are gaining popularity. Additionally, the rise of e-commerce has made it easier for consumers to access a broader range of hosiery products and brands. The Thailand hosiery market is expected to continue evolving to meet the diverse needs and preferences of consumers.
The Thailand Hosiery market is driven by several factors, including fashion trends and changing consumer preferences. As the fashion industry continues to evolve, hosiery products like stockings, tights, and socks play a crucial role in completing outfits. Furthermore, the increasing number of women in the workforce has led to a higher demand for formal and semi-formal attire, including hosiery. Comfort and functionality are also key drivers, as consumers look for hosiery products with features like moisture-wicking and durability. E-commerce platforms have made it easier for consumers to access a wide range of hosiery options, contributing to market growth.
The Thailand hosiery market faces challenges related to changing consumer preferences. With the rise of casual and athleisure wear, traditional hosiery products may struggle to remain relevant. Additionally, increasing competition from international brands and online retailers puts pressure on local manufacturers to innovate and adapt to global trends.
The COVID-19 pandemic had a significant impact on the hosiery market in Thailand. With lockdowns and restrictions in place, consumer demand for hosiery, especially for formal or office wear, declined sharply. Many individuals were working from home, reducing the need for such apparel. Additionally, the economic uncertainties during the pandemic led to reduced discretionary spending, affecting the sales of non-essential items like hosiery. However, there was a shift towards more comfortable and athleisure hosiery as people embraced loungewear during the lockdowns.
The Thailand Hosiery Market has witnessed steady growth owing to changing fashion trends and the growing inclination towards comfortable and stylish legwear. Notable players in this market include Thai Sock Co., Ltd., and Sabina Public Company Limited. These companies have excelled in producing a variety of hosiery products, including socks, stockings, and tights, catering to both fashion-conscious consumers and those seeking functional and durable legwear options.
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 Thailand Hosiery Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Hosiery Market Revenues & Volume, 2020 & 2030F |
3.3 Thailand Hosiery Market - Industry Life Cycle |
3.4 Thailand Hosiery Market - Porter's Five Forces |
3.5 Thailand Hosiery Market Revenues & Volume Share, By By End-User, 2020 & 2030F |
3.6 Thailand Hosiery Market Revenues & Volume Share, By By Distribution Channel, 2020 & 2030F |
4 Thailand Hosiery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Hosiery Market Trends |
6 Thailand Hosiery Market, By Types |
6.1 Thailand Hosiery Market, By By End-User |
6.1.1 Overview and Analysis |
6.1.2 Thailand Hosiery Market Revenues & Volume, By By End-User, 2020-2030F |
6.1.3 Thailand Hosiery Market Revenues & Volume, By Men, 2020-2030F |
6.1.4 Thailand Hosiery Market Revenues & Volume, By Women, 2020-2030F |
6.2 Thailand Hosiery Market, By By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Thailand Hosiery Market Revenues & Volume, By Offline, 2020-2030F |
6.2.3 Thailand Hosiery Market Revenues & Volume, By Online, 2020-2030F |
7 Thailand Hosiery Market Import-Export Trade Statistics |
7.1 Thailand Hosiery Market Export to Major Countries |
7.2 Thailand Hosiery Market Imports from Major Countries |
8 Thailand Hosiery Market Key Performance Indicators |
9 Thailand Hosiery Market - Opportunity Assessment |
9.1 Thailand Hosiery Market Opportunity Assessment, By By End-User, 2020 & 2030F |
9.2 Thailand Hosiery Market Opportunity Assessment, By By Distribution Channel, 2020 & 2030F |
10 Thailand Hosiery Market - Competitive Landscape |
10.1 Thailand Hosiery Market Revenue Share, By Companies, 2023 |
10.2 Thailand Hosiery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |