Retail volume sales of hosiery are not expected to return to pre-pandemic levels by the end of the forecast period. Growth will stifled by the overwhelming consumer preference for lightweight footwear, such as sandals and Crocs, which render hosiery redundant.
Non-sheer hosiery will continue to be the largest area within hosiery over the forecast period. Sales of sheer hosiery remained negligible at the end of the review period as consumer demand for these products is marginal.
Local clothing company Ricky Putra Globalindo Tbk. PT (RICY), which is mainly engaged in the manufacture of underwear, expanded into hosiery towards the end of review period with a new range of sports performance socks, under the GT Man brand.
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Understand the latest market trends and future growth opportunities for the Hosiery industry in Indonesia with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Hosiery industry in Indonesia, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
This is the aggregation of Sheer hosiery and Non-sheer hosiery.See All of Our Definitions
This report originates from Passport, our Hosiery research and analysis database.
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