The hosiery market is witnessing new growth avenues in the healthcare and sports and fitness industries, world over. The rising demand for garments that support increased performance of sportspersons and athletes and in preventing muscle damage and injuries is a key factor bolstering the growth of the hosiery market. The growing incidence of venous disorders among athletes has led to an attractive demand for hosiery products to minimize the risks. The substantial prospect of applications of hosiery in schlerotherapy for treating various leg disorders is also propelling the growth of the hosiery market. The rising popularity of hosiery as compression stocking among worldwide populations is a key factor contributing large revenues to the overall hosiery market.
The global hosiery market is projected to rise at a steady, moderate CAGR during 2017–2022, and is anticipated to reach a worth exceeding US$65,000 million by the end of this period.
Therapeutic Effects make Hosiery Market increasingly promising to Healthcare Industry
The hosiery market is witnessing new demand propositions in the emergence of specialized hosiery. The use of compression stockings in the healthcare industry is a case in point. Compression hosiery is worn around feet and the category is fast gaining popularity in the management of a range of venous disorders and prevent formation of blood clots in lower legs.
Hosiery products are recommended to treat a range of serious medical conditions such as deep vein thrombosis, varicose veins, edema, and phlebitis. The growing demand for hosiery worn as knee-high compression stockings underpins lucrative avenues in the hosiery market. The rising uptake of this new category in the fitness industry is also contributing substantial revenues to the global hosiery market.
Following Questions Answers Covered in the Report are:
- How will the global Hosiery Market perform during the forecast period? What will be the market size in terms of value and volume?
- Which segment will drive the global Hosiery Market? Which regional market will show extensive growth in the future? What are the reasons?
- How will the market dynamics change because of the impact of future market opportunities, restraints, and drivers?
- What are the key strategies adopted by players to sustain themselves in the global Hosiery Market?
- How will these strategies influence the market growth and competition?
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Regional analysis includes
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
- EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
- CIS & Russia
- Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
- Middle East and Africa (GCC Countries, Turkey, Iran, Israel, South Africa , Rest of MEA)
Get More Insights –http://www.globenewswire.com/en/news-release/2019/08/08/1899294/0/en/Medical-Industry-Realizing-the-Potential-of-Polycarbonate-Resins-Wearables-Will-be-the-First-Leg-of-Market-Growth-Fact-MR.html
The Report Covers Exhaustive Analysis On:
- Market Segments
- Market Dynamics
- Market Size & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
Critical Tracking of Competitive Landscape
The report drills into the strategic dynamics of the hosiery market and takes a closer look at key strategies, winning imperatives, and consolidation strategies by emerging and established players. Some of the prominent players operating in the hosiery market are Spanx, Adidas AG, Nordstrom, the Wolford AG, Jockey International, Inc., Golden Lady Company S.p.A., L Brands, Inc., CSP International Fashion Group S.p.A., and Gildan Activewear Inc.
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