Vietnam Hosiery Market (2024-2030) Outlook | Forecast, Revenue, Share, Trends, Industry, Growth, Size, Analysis, Companies & Value

Market Forecast By By End-User (Men, Women), By By Distribution Channel (Offline, Online) And Competitive Landscape
Product Code: ETC213402 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

Vietnam Hosiery Market Competition 2023

Vietnam Hosiery market currently, in 2023, has witnessed an HHI of 9129, Which has increased moderately as compared to the HHI of 6738 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.

 Vietnam Hosiery Market Competition 2023

Vietnam Export Potential Assessment For Hosiery Market (Values in USD Thousand)


Vietnam Export Potential Assessment For Hosiery Market (Values in USD Thousand)

Vietnam Hosiery Market Synopsis

The Vietnam hosiery market provides a wide range of legwear products, including stockings, socks, and tights, for both men and women. It caters to fashion and comfort needs, with market growth influenced by fashion trends, seasonal demand, and consumer preferences for legwear styles.

Drivers of the Market

The growth of the Vietnam hosiery market is propelled by fashion trends, changing lifestyles, and the desire for comfortable and stylish legwear. Hosiery includes a wide range of products such as stockings, socks, and tights that cater to both fashion and practical needs. The increasing awareness of fashion and the influence of social media contribute to the market`s growth as consumers seek hosiery products that complement their clothing choices.

Challenges of the Market

In the Vietnam hosiery market, one of the primary challenges is rising competition, both from domestic and international manufacturers. Keeping production costs low while maintaining quality to compete in the global market is a delicate balance. Moreover, market saturation and changing consumer preferences necessitate continuous product innovation and marketing efforts to stay relevant and attract consumers.

COVID-19 Impact on the Market

The Vietnam hosiery market encountered disruptions during the COVID-19 pandemic, primarily due to changes in consumer preferences and reduced demand for formal attire. With more people working from home, the demand for hosiery and formal legwear decreased. Hosiery manufacturers and retailers in Vietnam adjusted by diversifying product offerings and promoting comfortable home wear. As work and fashion preferences evolve, the hosiery market is expected to adapt to new consumer trends.

Key Players in the Market

Key players in the Vietnam hosiery market primarily include both domestic manufacturers and international hosiery brands. Domestic companies like Thien Nam Sunrise Textile Co., Ltd. play a significant role in producing and distributing hosiery products within Vietnam. Additionally, international hosiery brands like Hanesbrands Inc. are influential players in offering a wide range of hosiery and intimate apparel to Vietnamese consumers.

Key Highlights of the Report:

  • Vietnam Hosiery Market Outlook
  • Market Size of Vietnam Hosiery Market, 2023
  • Forecast of Vietnam Hosiery Market, 2030
  • Historical Data and Forecast of Vietnam Hosiery Revenues & Volume for the Period 2020-2030
  • Vietnam Hosiery Market Trend Evolution
  • Vietnam Hosiery Market Drivers and Challenges
  • Vietnam Hosiery Price Trends
  • Vietnam Hosiery Porter's Five Forces
  • Vietnam Hosiery Industry Life Cycle
  • Historical Data and Forecast of Vietnam Hosiery Market Revenues & Volume By By End-User for the Period 2020-2030
  • Historical Data and Forecast of Vietnam Hosiery Market Revenues & Volume By Men for the Period 2020-2030
  • Historical Data and Forecast of Vietnam Hosiery Market Revenues & Volume By Women for the Period 2020-2030
  • Historical Data and Forecast of Vietnam Hosiery Market Revenues & Volume By By Distribution Channel for the Period 2020-2030
  • Historical Data and Forecast of Vietnam Hosiery Market Revenues & Volume By Offline for the Period 2020-2030
  • Historical Data and Forecast of Vietnam Hosiery Market Revenues & Volume By Online for the Period 2020-2030
  • Vietnam Hosiery Import Export Trade Statistics
  • Market Opportunity Assessment By By End-User
  • Market Opportunity Assessment By By Distribution Channel
  • Vietnam Hosiery Top Companies Market Share
  • Vietnam Hosiery Competitive Benchmarking By Technical and Operational Parameters
  • Vietnam Hosiery Company Profiles
  • Vietnam Hosiery Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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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 Vietnam Hosiery Market Overview

3.1 Vietnam Country Macro Economic Indicators

3.2 Vietnam Hosiery Market Revenues & Volume, 2020 & 2030F

3.3 Vietnam Hosiery Market - Industry Life Cycle

3.4 Vietnam Hosiery Market - Porter's Five Forces

3.5 Vietnam Hosiery Market Revenues & Volume Share, By By End-User, 2020 & 2030F

3.6 Vietnam Hosiery Market Revenues & Volume Share, By By Distribution Channel, 2020 & 2030F

4 Vietnam Hosiery Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Vietnam Hosiery Market Trends

6 Vietnam Hosiery Market, By Types

6.1 Vietnam Hosiery Market, By By End-User

6.1.1 Overview and Analysis

6.1.2 Vietnam Hosiery Market Revenues & Volume, By By End-User, 2020-2030F

6.1.3 Vietnam Hosiery Market Revenues & Volume, By Men, 2020-2030F

6.1.4 Vietnam Hosiery Market Revenues & Volume, By Women, 2020-2030F

6.2 Vietnam Hosiery Market, By By Distribution Channel

6.2.1 Overview and Analysis

6.2.2 Vietnam Hosiery Market Revenues & Volume, By Offline, 2020-2030F

6.2.3 Vietnam Hosiery Market Revenues & Volume, By Online, 2020-2030F

7 Vietnam Hosiery Market Import-Export Trade Statistics

7.1 Vietnam Hosiery Market Export to Major Countries

7.2 Vietnam Hosiery Market Imports from Major Countries

8 Vietnam Hosiery Market Key Performance Indicators

9 Vietnam Hosiery Market - Opportunity Assessment

9.1 Vietnam Hosiery Market Opportunity Assessment, By By End-User, 2020 & 2030F

9.2 Vietnam Hosiery Market Opportunity Assessment, By By Distribution Channel, 2020 & 2030F

10 Vietnam Hosiery Market - Competitive Landscape

10.1 Vietnam Hosiery Market Revenue Share, By Companies, 2023

10.2 Vietnam Hosiery Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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