Hosiery And Sock Market Overview in the USA
In value terms, hosiery and sock production amounted to $ in 2018. Over the period under review, hosiery and sock production continues to indicate a drastic reduction. The pace of growth was the most pronounced in 2018 with a decrease of -% year-to-year. Over the period under review, hosiery and sock production reached its maximum level at $ in 2013; however, from 2014 to 2018, production remained at a lower figure.
The revenue of the hosiery and sock market in the U.S. amounted to $ in 2018, therefore, remained relatively stable against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, hosiery and sock consumption continues to indicate a temperate setback. The most prominent rate of growth was recorded in 2015 when the market value increased by % y-o-y. In that year, the hosiery and sock market attained its peak level of $. From 2016 to 2018, the growth of the hosiery and sock market failed to regain its momentum.