India Hosiery Market expected to grow with CAGR of ~12% by 2028: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Story Outline According to Ken research, the India Hosiery market at a CAGR of ~12% during the forecast period (2023-2028). Factors driving the India Hosiery market are increase in demand for Hosiery clothes in India due to warmer temperature and better comfortability. Trends in India Hosiery market which are exaggerating the market by various key players. Competitive landscape of the India Hosiery market, which are making it, grow higher. 1. Growth of India Hosiery market is getting higher with ~12% CAGR Click to know more about India Hosiery market India Hosiery market is on a constant rise during the forecast years. They show a CAGR of ~12% during the forecast years 2022-2028 and will continue to grow exponentially. The basic reason for this growth is the availability of a wide range of products. Therefore, many online sites are giving discounts and sales are soaring high in India. Demand of basic products like socks, leggings and other clothes is increasing because of better brands and styles and the market is growing due to increase in working population. Innovations are constantly. During the year 2022, the market showed a sudden growth with a CAGR OF 12% in a year. From 2017 to 2022, the market has grown with ~2 %. It got abstain due to Covid but still survived. In Hosiery Market India is becoming more competitive as the HHI index in 2022 was 5321 while in 2017 it was 8132. Herfindahl Index measures the competitiveness of exporting countries. 2. Which are the driving factors for the growth of India hosiery market? Driving factors of India Hosiery market The major reasons, which are driving the market of Indian Hosiery, are better penetration of online sales. Attraction of youth towards yoga and work out which need hosiery clothes. Changing lifestyles and demographic factors are bringing changes in demand patterns for hosiery. Also due to the rise in disposable income and more number of the working population of women, the demand for fashion and luxury items is increasing in the region. Backed by a revival in rural demand, India’s hosiery industry is expected to see 18-20 per cent revenue growth this fiscal, reaching ₹36,000 crore, CRISIL Ratings has said. Rise in operating advantage from higher capacity utilisation will aid profitability in the India hosiery market over the years. 3. Trends which are hyping the growth of India Hosiery market Click to know more about the trends in India Hosiery market Innovations are fuelling the India Hosiery market. Mixing of fabrics to make the cloth more comfortable and having better styling. Major companies are doing mergers and acquisitions in this market. Innovative clothing such as organic products, anti-bacterial sanitized yarn, non-compression, soft elastic leggings, and long socks to satisfy consumer needs are fuelling the growth of India hosiery market. For the last few years, with the price increase of 250% in cotton fibre in past nine to ten months, the entire textile industry has been tremendously affected and exports fell drastically. The United Kingdom hosiery brand Elle re-launched a range of footless tights, leggings, above the knee, and shaping in more sizes than before. In India AEPC and FOHMA both were partners in the garment industry’s demand for the establishment of AEPC. 4. Outlook of India Hosiery market is expected to grow higher Click to know about outlook of India Hosiery market The Hosiery Market is fragmented, with various regional and global players, such as Wolford AG, Hanesbrands Inc., Jockey International Inc., Gilfin S.P.A., and CSP International Fashion Group SpA. With the growing penetration of online sales, players have increased their focus on e-commerce sales. Players are also bringing innovations, such as a mix of fabrics, to attract more users. India has a large cotton production, which will fuel the market. The youth is attracted towards physical fitness and buying hosiery clothes for yoga and workout. This is likely to grow in coming years and thus from 2022-2028, it is expected to grow with a CAGR of ~12-13%. The India hosiery market is showing exceptional growth in exporting the items to neighbouring countries like Bangladesh, Nepal and Sri Lanka. Hosiery production has grown in Delhi NCR, Ludhiana, and Bangalore during the last 30 years, but there is much more yet to happen. Jaipur, Indore, Pune, Kanpur, Varanasi, Nagpur, Surat, Bhubaneswar, Guwahati, Patna, and Ranchi can also move ahead. Encouraged by the development scheme of PLI in many states and the central government the investors and Industry move forward. 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