Hosiery Industry Statistics
In 2023 hosiery hit $24.6B, projected $43.7B by 2033, driven by compression, sustainability.
From $24.6 billion in 2023 to a projected $43.7 billion by 2033 at a 5.7% CAGR, the global hosiery industry is booming, with the U.S. climbing from $7.2 billion in 2013 to $8.0 billion in 2021 and $7.9 billion in 2022, while compression, medical, and women’s and men’s segments accelerate demand.
Written byFlorian FelsingCTO, Rawshot.aiExecutive Summary
Key Takeaways
In 2023 hosiery hit $24.6B, projected $43.7B by 2033, driven by compression, sustainability.
Global hosiery market size was valued at US$ 24.6 billion in 2023, and is projected to reach US$ 43.7 billion by 2033, growing at a CAGR of 5.7% from 2024 to 2033.
U.S. socks and hosiery sales were $7.9 billion in 2022.
U.S. socks and hosiery sales were $8.0 billion in 2021.
In the EU, the textile and apparel industry accounted for 7.1% of total EU manufacturing value added in 2019.
In 2022, the EU had 1.1 million people employed in textiles and clothing-related sectors (rounded)
In 2021, the EU’s textiles and clothing sector employed 1.3 million people (directly).
China accounted for 51% of global apparel production in 2019.
Bangladesh accounted for 7% of global apparel production in 2019.
Vietnam accounted for 5% of global apparel production in 2019.
Textile waste in the EU increased between 2012 and 2018 (context for hosiery waste).
In the EU, only around 1% of textile waste is recycled into new textiles (context for hosiery).
The EU Circular Economy Action Plan includes textiles as a priority product group.
The market share of the compression hosiery segment is rising due to increasing prevalence of chronic venous disease.
North America is expected to dominate the compression hosiery market due to high healthcare spending.
Asia-Pacific is expected to be the fastest-growing market for compression hosiery due to rising geriatric population.
Section 01
Employment & Workforce
In the EU, the textile and apparel industry accounted for 7.1% of total EU manufacturing value added in 2019. [1]
In 2022, the EU had 1.1 million people employed in textiles and clothing-related sectors (rounded) [2]
In 2021, the EU’s textiles and clothing sector employed 1.3 million people (directly). [3]
In 2020, garment manufacturing employed about 25 million people worldwide. [4]
The textile industry accounts for about 1% of global GDP. [5]
The worldwide textile and apparel sector employs more than 75 million people. [6]
In the EU, 44% of textile and clothing companies are in micro enterprises (0-9 employees). [7]
In the EU, 78% of textile and clothing companies are SMEs. [8]
In the EU, 57% of textiles and clothing employees work in production, 43% in distribution and other functions (split varies by study). [9]
In 2020, there were about 1.9 million enterprises in the EU textiles sector (est.). [10]
In 2019, the EU textiles and clothing industry had 27,000 enterprises employing 10+ persons. [11]
Occupational exposure risks in garment manufacturing are associated with high work intensity (industry context). [12]
Global apparel sector includes hosiery supply chains and is heavily represented by women workers (gender share in sector varies by region). [13]
Much of hosiery supply chain employment is located in Asia (garment and knit industries). [14]
The ILO estimates textile and garment workers are vulnerable to labor rights issues including occupational safety gaps. [15]
ILO notes that garment workers often face long working hours (context for hosiery factories). [16]
ILO reports that in many countries garment workers earn low wages relative to living costs. [4]
ILO notes that health and safety conditions remain a major concern in the apparel supply chain. [12]
Section 02
Market Size & Growth
Global hosiery market size was valued at US$ 24.6 billion in 2023, and is projected to reach US$ 43.7 billion by 2033, growing at a CAGR of 5.7% from 2024 to 2033. [17]
U.S. socks and hosiery sales were $7.9 billion in 2022. [18]
U.S. socks and hosiery sales were $8.0 billion in 2021. [18]
U.S. socks and hosiery sales were $8.4 billion in 2020. [18]
U.S. socks and hosiery sales were $8.2 billion in 2019. [18]
U.S. socks and hosiery sales were $8.3 billion in 2018. [18]
U.S. socks and hosiery sales were $8.2 billion in 2017. [18]
U.S. socks and hosiery sales were $8.0 billion in 2016. [18]
U.S. socks and hosiery sales were $7.9 billion in 2015. [18]
U.S. socks and hosiery sales were $7.5 billion in 2014. [18]
U.S. socks and hosiery sales were $7.2 billion in 2013. [18]
The global compression hosiery market was valued at US$ 1.8 billion in 2023 and projected to reach US$ 3.4 billion by 2032, growing at a CAGR of 7.1% from 2024 to 2032. [19]
The global orthopedic/compression hosiery market is expected to grow from US$ 3.7 billion in 2024 to US$ 6.3 billion by 2032. [20]
The global medical compression hosiery market was valued at $1.9 billion in 2023 and is projected to reach $3.0 billion by 2032. [21]
The global tights market was valued at about $17.2 billion in 2022 and is projected to reach about $24.1 billion by 2030. [22]
The global knee high hosiery market is projected to reach $X by 2030 (growth forecast) [23]
The global ladies hosiery market is expected to grow at a CAGR of 5.1% from 2024 to 2030. [24]
The global men's hosiery market is expected to grow at a CAGR of 4.8% from 2024 to 2030. [25]
The global hosiery market is expected to register a CAGR of 6.0% during the forecast period. [26]
The hosiery market in Europe generated $X in 2022 and is expected to grow at a CAGR of 4.9% from 2023 to 2032. [26]
The hosiery market in Asia Pacific generated $X in 2022 and is expected to grow at a CAGR of 7.1% from 2023 to 2032. [26]
The hosiery market in North America generated $X in 2022 and is expected to grow at a CAGR of 5.0% from 2023 to 2032. [26]
The hosiery market in South America generated $X in 2022 and is expected to grow at a CAGR of 6.0% from 2023 to 2032. [26]
The hosiery market in Middle East & Africa generated $X in 2022 and is expected to grow at a CAGR of 5.5% from 2023 to 2032. [26]
Socks and hosiery are classified under HS codes such as HS 6115 for stockings, socks, and similar articles; HS 6115 covers knitted or crocheted hosiery. [27]
HS 6115 includes “stockings, socks and other hosiery… knitted or crocheted.” [27]
HS 6115 is a key tariff heading used for socks/hosiery trade statistics. [28]
The U.S. Census product classification for HS 6115 supports foreign trade data for hosiery categories. [29]
EU PRODCOM codes exist for hosiery/knit textile products used in industrial output reporting (context). [30]
Section 03
Production & Trade
China accounted for 51% of global apparel production in 2019. [31]
Bangladesh accounted for 7% of global apparel production in 2019. [31]
Vietnam accounted for 5% of global apparel production in 2019. [31]
India accounted for 4% of global apparel production in 2019. [31]
Pakistan accounted for 2% of global apparel production in 2019. [31]
Global hosiery imports were $X in 2022 (forecasted in report). [32]
Global hosiery exports were $X in 2022 (forecasted in report). [32]
US hosiery imports (knitted or crocheted) were $1.3 billion in 2022. [33]
U.S. hosiery imports (knitted or crocheted) were $1.1 billion in 2021. [33]
EU imports of textile and clothing products were about €128 billion in 2022. [7]
EU exports of textile and clothing products were about €152 billion in 2022. [7]
Global apparel imports totaled about $592 billion in 2022. [34]
Global apparel exports totaled about $592 billion in 2022. [34]
The U.S. is among the world’s top importers of knitted apparel and hosiery (classification-dependent). [35]
The world’s top exporters of clothing include China, Bangladesh, Vietnam and India (apparel/hosiery related supply chain). [36]
China produces the majority of global hosiery (knitted apparel supply chain concentration). [31]
Bangladesh produces a significant share of global apparel production (incl. knit products). [31]
Vietnam produces a significant share of global apparel production (incl. knit products). [31]
India produces a significant share of global apparel production (incl. knit products). [31]
The OECD reports textiles and clothing are among the most trade-intensive manufacturing sectors. [37]
Section 04
Sustainability & Regulation
Textile waste in the EU increased between 2012 and 2018 (context for hosiery waste). [38]
In the EU, only around 1% of textile waste is recycled into new textiles (context for hosiery). [39]
The EU Circular Economy Action Plan includes textiles as a priority product group. [40]
The EU proposed ban on placing textiles waste on landfills for certain waste streams (policy direction). [41]
REACH regulates chemical substances in textiles and hosiery, including restrictions on certain azo dyes. [42]
ECHA lists restrictions relating to nickel in articles intended to come into contact with the skin, relevant to components used in textile products. [43]
The EU’s ban on PFAS in certain textile uses is part of evolving EU chemicals regulation (context). [44]
California’s Proposition 65 requires warning for exposure to certain chemicals, relevant for some textile additives. [45]
OSHA requires employers to assess and control workplace hazards, which affects manufacturing of hosiery (workplace safety). [46]
EU Regulation (EC) No 1907/2006 is REACH (chemical control affecting hosiery materials). [47]
EU Regulation (EC) No 1272/2008 is CLP (classification, labelling and packaging impacting chemical mixtures used in textile processing). [48]
The EU textile labeling framework includes Regulation (EU) 1007/2011 on textile names and labeling. [49]
The EU Ecodesign for Sustainable Products Regulation (ESPR) is adopted and affects product design and sustainability requirements. [50]
U.S. FTC Guides for the Use of Environmental Marketing Claims (Green Guides) apply to sustainability claims for textile products. [51]
The Clean Water Act regulates wastewater discharges, impacting dyeing/finishing processes for hosiery manufacturers. [52]
The EU’s “microplastics” restrictions include measures relevant to synthetic textiles shedding (policy context). [53]
The EU Waste Framework Directive (2008/98/EC) sets waste management hierarchy impacting textile/hosiery waste streams. [54]
China implemented GB/T 21294-2014 for textiles (testing/standards may apply to hosiery materials). [55]
GOTS certification supports organic textiles including hosiery; requirements include social and environmental criteria. [56]
OEKO-TEX Standard 100 tests for harmful substances in textiles including garments and accessories. [57]
Standard 100 by OEKO-TEX is used to evaluate harmful substances in textiles and yarn. [58]
Bluesign certification evaluates input substances and manufacturing processes in textile production. [59]
The EU’s Single-Use Plastics Directive excludes certain textile microplastic measures but supports broader microplastic initiatives. [60]
The EU has targeted microplastic sources, including synthetic textiles, via the Microplastics Framework. [53]
The EPA PFAS action plan includes focus on reducing PFAS in consumer products including textiles. [61]
The U.S. FDA prohibits use of certain color additives in textiles? (regulatory context varies by use). [62]
In the EU, the textile waste rate remains high with limited recycling capacity. [38]
Recycling of textiles is constrained by contamination and fiber blending (industry context). [63]
The global textile industry consumes large quantities of water (dyeing/finishing impact relevant to hosiery). [64]
Dyeing and finishing are among the most water- and pollution-intensive steps in textile manufacturing. [65]
Apparel production is linked to high greenhouse gas emissions (life-cycle). [66]
The global fashion industry contributes about 10% of global carbon emissions (often cited estimate). [67]
Polyester is a major fiber for hosiery; global polyester production exceeded 70 million tonnes in 2023 (macro-fiber context). [68]
Nylon (polyamide) is a major hosiery material used for elasticity (macro-fiber context). [69]
EU Circular Economy Action Plan explicitly includes textiles in circularity initiatives. [40]
REACH covers chemical risks and obligations for substances used in textile processing. [47]
EU Regulation 1007/2011 governs textile fibre names and labeling. [49]
ECHA publishes a dedicated page for restricted azo dyes under REACH. [42]
ECHA publishes a dedicated page for restricted nickel under REACH. [43]
Section 05
Trends, Consumers & Competitive Landscape
The market share of the compression hosiery segment is rising due to increasing prevalence of chronic venous disease. [70]
North America is expected to dominate the compression hosiery market due to high healthcare spending. [70]
Asia-Pacific is expected to be the fastest-growing market for compression hosiery due to rising geriatric population. [70]
Brand leaders in hosiery include companies such as Hanesbrands, Wolford, and others (category context). [71]
Wolford is known for premium hosiery products and licenses/wholesale in multiple regions (context). [72]
“Hanes” brand is a major U.S. hosiery player (context). [73]
Falke is a major hosiery brand in Europe (context). [74]
Footwear and athletic wear trends support growth in socks/hosiery demand. [75]
E-commerce channels increased share of hosiery sales in many retail categories (context). [76]
In the US apparel and accessories sector, e-commerce penetration increased over recent years. [77]
Consumers increasingly demand sustainable fibers such as recycled polyester and organic cotton in apparel/hosiery. [78]
The share of recycled polyester demand grew due to sustainability initiatives (context). [79]
Rising demand for compression socks from older populations supports the medical hosiery segment. [80]
The global prevalence of chronic venous disease is high; it is a major driver of compression hosiery demand. [81]
Chronic venous disease affects an estimated 25–40% of adults in Europe (relevant to compression hosiery demand). [81]
In the U.S., about 1 in 3 adults has varicose veins (relevant for compression hosiery demand). [81]
Textile industry consumers value comfort, breathability and durability leading to growth in performance socks. [82]
Performance socks are commonly made with moisture-wicking fibers (industry context). [83]
Athletic sock market growth is driven by increasing participation in sports and fitness. [84]
Women’s hosiery demand is influenced by fashion trends; tights/stockings cycles affect seasonal sales. [85]
Hosiery market includes fashion tights and classic socks; demand shifts with runway and seasonal themes. [86]
Opaque tights often outsell sheer tights in colder seasons (retail seasonal pattern). [87]
Compression therapy adherence improves when products fit properly and are comfortable (product design driver). [88]
Hosiery sizing and fit significantly impact comfort and compliance in compression use. [88]
Compression hosiery demand is driven by chronic venous disease prevalence. [81]
Chronic venous disease affects an estimated 25–40% of adults in Europe. [81]
The prevalence of varicose veins in the U.S. is often cited at around 30% (industry/clinical summary). [81]
Proper fit and comfort improve compression therapy use and adherence. [88]
Older populations increase demand for compression garments. [80]
References
Footnotes
- 1ec.europa.eu×4
- 2euratex.europa.eu
- 3europarl.europa.eu×4
- 4ilo.org×6
- 5unido.org
- 6worldbank.org
- 17imarcgroup.com×2
- 18statista.com×2
- 20globenewswire.com
- 21factmr.com
- 22omrglobal.com
- 23gminsights.com×4
- 26precedenceresearch.com
- 27wcoomd.org
- 28trade.gov×2
- 29census.gov×2
- 31wto.org×3
- 35comtradeplus.un.org
- 37oecd.org
- 38eea.europa.eu×3
- 40environment.ec.europa.eu×5
- 42echa.europa.eu×2
- 45oehha.ca.gov
- 46osha.gov
- 47eur-lex.europa.eu×5
- 51ftc.gov
- 52epa.gov×2
- 55ntrs.gov.cn
- 56global-standard.org
- 57oeko-tex.com×2
- 59bluesign.com
- 62fda.gov
- 64unwater.org
- 65unep.org×2
- 66ipcc.ch
- 68ifc.org×2
- 69britannica.com
- 70mordorintelligence.com
- 71businesswire.com
- 72wolford.com
- 73hanes.com
- 74falke.com
- 75fashionunited.com
- 76insiderintelligence.com
- 78euromonitor.com
- 80who.int
- 81ncbi.nlm.nih.gov×2
- 82nielsen.com
- 83textileworld.com
- 85voguebusiness.com×2
- 87wardrobeicons.com
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