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Global Market for Denim Jeans to Reach $56 Billion by 2018, Hosiery Markets to Reach $25.9 Billion
By: PR Newswire
Dec. 6, 2012 02:05 PM
FARMINGTON, Conn., Dec. 6, 2012 /PRNewswire-iReach/ -- Denim jeans have always been an evergreen market since inception. The fabric finds ready acceptance across all age groups, and genders. Durable and comfortable, denim jeans have become the staple of every customer's wardrobe in recent years. From its limited usage a few centuries ago, denim has now evolved to become a versatile costume, liked and worn by consumers of all age groups. Jeanswear has therefore emerged as a unique and significant apparel category for which demand exists irrespective of any market condition.
Global Information Inc (GII) highlights two strategic business reports on the trending global markets for denim jeans and hosiery from our premium market research partner Global Industry Analysts, Inc.
The global market for denim jeans is projected to reach $56 billion by the year 2018. The United States, which was once the largest worldwide producer of denim until a few decades back, has now been edged aside by rapidly developing Asian markets of China, India, Pakistan, Bangladesh and Turkey. Today, the Asian region as a whole is on par with the traditional western centers, accounting for a massive chunk of the total denim production capacity. Asia-Pacific market, backed by sturdy growth in emerging markets, is poised to expand at the fastest CAGR of 5.5% through 2018.
Denim manufacturers are attempting to create new markets with the introduction of functional features into denim jeans. Although denim customers are new to most of the functional features such as water resistance, wrinkle resistance, moisture wicking, and stain resistance, they are interested in purchasing such functional denims. The designer denim jeans market witnessed a significant shift in trends in the year 2011. Flare style and high-rise designer denim jeans gained popularity over the skinny-fit and low-rise style that dominated the year 2010. This style, which was popular during the 70s era became outdated over time. However, with various fashion houses launching collections incorporating such patterns, the trend made a huge comeback and became one of the most interesting developments in the market in recent years. Other popular trends in the year 2011 included Jeggings, which are basically leggings made to look like close fit denim jeans, ripped jeans and bright-colored, embroidered, mineral or acid washed denim jeans.
Major players in the marketplace include 7 For All Mankind, Aarvee Denims and Exports Ltd., Arvind Limited, Black Peony (Group) Co. Ltd., Diesel S.p.A, Edwin Company, Gap Inc., James Jeans Dry Age Denim LLC, Lee Jeans, Levi Strauss & Co., Mavi Jeans, and Raymond Ltd., among others.
An Executive Summary for this report and free sample pages from the full document are available at http://www.giiresearch.com/report/go115550-denim-jeans.html
Hosiery (Women and Men)
Hosiery has become an integral part of today's fashion apparel. The global market for hosiery is poised to reach $25.9 billion by the year 2018. Although the hosiery market manufactures products for both men and women, majority share of the hosiery is focused on women. Manufacturers and designers are continuously innovating product ranges at par with latest trends and fads ruling the fashion world. Players are focused on introducing hosiery collections based a wide range of classic and modern trends in attractive colors. Some of the latest additions to the market include moisturizing pantyhose, Capri styles, low-rise hosiery, body shaper products, footless and anti-cellulite hosiery.
Europe rules the world hosiery market in terms of sheer strength, garnering the largest market share both in terms of value and volume sales, as stated by the new market research report on Hosiery (Women and Men). The European hosiery market is characterized by a high degree of fragmentation and specialization. Specialized segments of the market are classified on the basis of price, quality and brand image. Women's hosiery market in Western Europe largely comprises hold-ups, stockings, nylon tights, ankle highs and knee-highs. Italy continues to be the largest producer in Europe and exports products to all leading markets.
The hosiery market is characterized by stiff competition. Some of the major players profiled in the report include CSP International SpA, Golden Lady SpA, Kayser-Roth Corp., Gold Toe-Moretz LLC, Grupo Synkro, Hanesbrands Inc., Sculpz Inc., Donna Karan International, and Wolford, among others. The hosiery marketspace is also characterized by the presence of a large number of private label players in the global and regional markets.
An Executive Summary for this report and free sample pages from the full document are available at http://www.giiresearch.com/report/go255558-hosiery-women-men.html
About Global Information Inc. Global Information (GII) (http://www.giiresearch.com) is an information service company partnering with over 300 research companies around the world. Global Information has been in the business of distributing technical and market research for more than 25 years. Expanded from its original headquarters in Japan, Global Information now has offices in Korea, Taiwan, Singapore, Europe and the United States.
SOURCE Global Information Inc.
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