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 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.
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.
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.
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.
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 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.
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 |