The rise in offshoring activity in the Hosiery Mills industry has driven industry globalization and downstream demand from consumers that demand quality products at low prices. As a result, many operators have offshored a large portion of their manufacturing capabilities in an attempt to reduce costs and remain competitive. In the coming years, improvements in downstream demand, driven by increased consumer spending, are anticipated to somwhat increase sales of domestically produced hosiery and socks.
This industry comprises establishments that primarily manufacture hosiery and sock products. In company-owned and leased facilities, producers form raw materials (like cotton and polyester) into hosiery and socks. Products are then sold to wholesalers and retailers for resale to consumers.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.