Legwear Market is predicted to reach USD 1,46,716.19 million at a CAGR of 4.91% during the forecast period 2023-2032

Market Research Future (MRFR) has published on the “Global Legwear Market”.

Legwear Market Overview

According to the MRFR analysis, the global legwear market was valued at USD 95,510.00 million in 2023 and is projected to reach USD 1,46,716.19 million by 2032 at a CAGR of 4.91%.

The key factors driving the growth of the legwear market include evolving fashion trends, increasing health-conscious population, urbanization and lifestyle changes, and rising consumer awareness and preference for sustainable products.

COVID-19 Impact on the Legwear Market

An integral component of the larger apparel business, the global legwear market has been much impacted by several macroeconomic events. Variations in consumer spending, changes in disposable income, and changes in consumer behavior define the economic influence on the whole apparel sector. Economic crises like recessions usually cause people to cut back on non-essential purchases including clothes. This results in less demand for fashion-forward legwear while socks might have more consistent demand. On the other hand, economic development usually increases consumer confidence and expenditure, so helping the clothing industry. The growing cost of manufacturing and raw materials adds still another important economic influence. Raw materials like cotton, nylon, and spandex can have more expensive prices depending on things like tariffs, labor costs, and supply chains interruptions. Usually passed on to consumers, these higher expenses influence general demand and buying decisions. Furthermore, affecting the cost of importing and exporting legwear products and so influencing the pricing policies of apparel companies are world trade policies and currency fluctuations.

Furthermore, influencing the economic scene of the apparel sector are trends in sustainability. Growing environmental consciousness among consumers is driving demand for ethically produced sustainable legwear. This change is pushing companies to invest in environmentally friendly materials and manufacturing techniques, which can be more costly but also create new market chances. The emergence of e-commerce and digital transformation has shaped the economic dynamics of the clothing sector even more. Reaching a larger audience now depends critically on online sales channels, particularly in view of the COVID-19 epidemic when physical stores faced closure. For the clothing sector, e-commerce is a main growth engine because of its convenience and quick adaptation to consumer preferences.

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Competitive Landscape

The global Legwear market is driven and consists of several organized and unorganized industry players. The main companies in the global Legwear Market are aiming at growth strategies such as innovation in products and evolving technologies on a global level to gain a maximum share of the global market. The key players operating in the global legwear market comprise Hanesbrands Inc. (US), Spanx, LLC. (US), Li Ning (China), Page Industries Limited (India), Adidas Group (Germany), Langsha Group (China), Nike, Inc. (US), Gildan Activewear Inc. (Canada), Golden Lady Company Spa (Italy), Wolford AG (Austria), among others.

Segmentation

By Price Range

1. Economy/Mass: Economic legwear products, encompassing a broad array of hosiery, socks, tights, and leggings, play a role in the fashion and apparel industry due to their affordability and functionality. These products cater to various consumer demands, starting from ordinary comfort and heat to trendy statements. The affordability of financial legwear makes it available to a wide demographic, making sure that individuals from diverse monetary backgrounds can benefit from nice legwear without a tremendous economic burden. The factor contributing to the recognition of financial legwear products is their versatility.


2. Premium: Premium legwear products including high-end hosiery, luxury socks, designer tights, and upscale leggings, represent the epitome of sophistication and quality in the fashion industry. These items are distinguished by their superior materials, intricate designs, and meticulous craftsmanship, catering to discerning consumers who seek both functionality and an elevated sense of style. The attraction of top-rated legwear lies in its capability to combine consolation with luxury, offering wearers a feel of exclusivity and self-belief. The defining feature of top-class legwear products is the use of first-class substances and high-quality. Fabrics such as cashmere, silk, merino wool, and nice-grade cotton are typically used, presenting extraordinary softness, warmth, and durability. These substances enhance the tactile experience and ensure longevity and resilience, making top-rated legwear a profitable investment.

By Type

1. Socks: The legwear market has witnessed growth and diversification, with socks emerging as a pivotal category. Socks, often considered a necessity, have evolved into a fashion statement and a crucial element of athleisure and professional attire. The growing recognition of foot health as well as the emergence of sports and fitness activities, together with the heightened fashion consciousness among consumers, have led to an expansion in the market for socks. The functionality of socks has been improved through developments in materials such as moisture-wicking fabric, compression technology, and anti-bacterial properties, making them requisite for various activities.


2. Medical Hosiery: Medical hosiery refers to specialized garments worn on the legs for therapeutic or medical purposes. These garments are designed to provide support, compression, or protection to the legs, ankles, and feet. Medical hosiery can include various types of stockings, socks, or leggings that are used to manage conditions such as varicose veins, edema (swelling), venous insufficiency, lymphedema, deep vein thrombosis (DVT), and to promote circulation. Medical hosiery, a segment within the legwear industry, has experienced significant growth and development, driven by increasing health awareness and an aging global population.


3. Tight Leggings: Tight leggings have become a cornerstone in the legwear market, transcending their initial purpose as athletic wear to become a versatile wardrobe staple for people of all ages. The incorporation of compression technology in a few leggings also enhances performance by improving blood flow and muscle guidance through physical activities. The enchantment of tight leggings lies in their specific aggregate of consolation, capability, and fashion, making them appropriate for a wide variety of sports, from extreme workouts to informal outings or even expert settings when paired appropriately. The element contributing to the popularity of tight leggings is the evolution of the fabric era. Modern leggings are crafted from superior materials, which include spandex, nylon, polyester, and cotton blends, which offer exceptional stretch, breathability, and moisture-wicking properties. Those capabilities make certain that leggings offer a snug yet comfortable fit while retaining their shape and guiding through various sports.


4. Sheer: Sheer legwear produces sheer tights and stockings, combining elegance, functionality, and a timeless appeal. These delicate yet durable garments have been a staple in women's wardrobes for decades, transitioning from being merely practical items to fashion essentials that enhance and complement various outfits. The evolution of materials and production techniques has improved the comfort and durability of sheer legwear. Current sheer tights and stockings are made from blends of nylon, spandex, and different artificial fibers that offer amazing stretch and recovery. These substances ensure a comfortable but relaxed, healthy fit, preventing sagging and retaining the integrity of the garment throughout the day. Additionally, improvements in knitting technology have caused the improvement of sheer legwear with strengthened feet and heels, as well as ladder-resistant weaves, increasing their durability and resilience. The charm of sheer legwear lies in its potential to offer a clean, polished look to the legs while maintaining a degree of sophistication and style. The attraction of sheer legwear is its versatility. Sheer tights and stockings can be seamlessly included in both expert and informal wardrobes.


5. Opaque Hosiery: Opaque hosiery, encompassing tights, leggings, and stockings, has carved a distinct niche in the legwear market, blending functionality, fashion, and comfort. Unlike their sheer counterparts, opaque hosiery offers full coverage and a range of benefits, making it a versatile choice for various settings and seasons. The popularity of opaque legwear is rooted in its ability to provide warmth, durability, and a swish, polished appearance, making it a vital item in lots of wardrobes. The benefit of opaque hosiery is its practicality in less warm climates. Crafted from thicker materials, which include cotton, wool, nylon, and spandex blends, opaque tights and leggings provide added insulation in opposition to the cold. This makes them a popular desire for fall and iciness, permitting people to put on skirts, dresses, and shorts 12 months-round without sacrificing consolation. The dense weave of opaque hosiery also offers extra durability, decreasing the danger of runs and tears that are extra common in sheer legwear.


6. Others: Others include thigh-highs, leg warmers, stockings, and knee-highs. Thigh-highs are a type of legwear that extends from the foot all the way up to the thigh. They're like stockings but typically reach higher on the leg. Thigh-highs are often made of nylon, silk, or other stretchy materials, and they usually feature an elastic band at the top to help them stay in place without the need for a garter belt. They're popular for both fashion and practical purposes, providing warmth and style, and are often worn with skirts, dresses, or even shorts. Whereas legwarmers are long, tubular coverings for the lower legs, typically worn during exercise or dance to keep the muscles warm and prevent cramping. Legwarmers can be made from various materials, such as wool, cotton, or synthetic fibers, and they come in a variety of colors and designs. While they were initially associated with dancers and aerobics enthusiasts, they have since become a fashion accessory worn for both practical and aesthetic reasons.

By Size Type

1. Regular: Regular-size legwear products encompass a broad category that includes tights, leggings, stockings, socks, and more, designed to fit individuals with average body dimensions. This merchandise caters to many clients and plays a position in normal style, imparting comfort, capability, and style. The flexibility and wide availability of ordinary-size legwear led them to a vital aspect of legwear, appealing to a variety of tastes and choices. The attributes of everyday-size legwear are its accessibility. Available in diverse styles, colors, and substances, those products cater to different needs, occasions, and events. For instance, regular-length tights and stockings are fundamental for professional and formal settings, presenting a cultured and sophisticated appearance that complements dresses and skirts.


2. Plus Size: Plus-size legwear has undergone growth and transformation, emerging as a crucial segment within the broader legwear industry. Catering to individuals with fuller figures, plus-size legwear includes tights, leggings, stockings, and socks designed to provide comfort, support, and style for diverse body shapes and sizes. The growth of this marketplace displays a broader shift closer to inclusivity and frame positivity in the style enterprise, spotting the significance of presenting stylish and practical options for all frame sorts. The driving force behind the plus-size legwear industry is the increasing demand for inclusive sizing. Clients are not pleased with one-size-fits-all solutions, and the legwear enterprise has answered by supplying a wide range of sizes that cater to various body shapes.

By End User

1. Adult: Adult legwear products encompass a diverse range of items, including tights, stockings, leggings, socks, and compression garments, designed to cater to the needs of adults across various lifestyles and occasions. The legwear market for adults is characterized by its mixture of functionality, fashion, and comfort, meeting the demands of cutting-edge purchasers who are looking for the practicality and style of their regular apparel. This marketplace has evolved, pushed by advancements in textile generation, transferring style developments, and an increasing emphasis on sustainability. Tights and stockings are staple gadgets in personal legwear, presenting a seamless combination of beauty and application. These clothes are crucial for professional and formal settings, providing a polished appearance that enhances skirts and dresses.


2. Kids: Kids' legwear products encompass a vibrant and diverse category that includes socks, tights, leggings, and other accessories tailored specifically for children's comfort, durability, and playful style. Designed to cater to the desires and options of younger wearers, children's legwear products are characterized by their colorful designs, whimsical patterns, and practical features that make them critical for both everyday wear and special activities. Socks are a foundational detail of kids' legwear, supplying warmth, comfort, and safety for little toes. To be had in various lengths, from ankle socks to knee-highs, socks for youngsters regularly function with fun prints, caricature characters, and vivid hues that appeal to their younger sensibilities. Progressive materials, inclusive of moisture-wicking fabrics and cushioned soles, make certain that children's socks are stylish and useful, imparting help and sturdiness for active play.

By Distribution Channel

1. Hypermarkets/Supermarkets: Hypermarkets and supermarkets play a role in the retail distribution of legwear products, offering a broad array of options that cater to diverse consumer needs. These large-scale retail stores provide a convenient shopping experience, combining a variety of products under one roof, making them a popular choice for purchasing essentials, including legwear. The supply of legwear merchandise in hypermarkets and supermarkets is essential for ensuring accessibility and affordability, contributing to their extensive enchantment amongst customers. The benefit of purchasing legwear in hypermarkets or supermarkets is the enormous variety of products available.


2. Specialty Stores: Specialty stores are offering a curated selection of items that cater to niche markets and specific consumer needs. These stores focus on providing high-quality legwear, including tights, stockings, leggings, socks, and compression garments, emphasizing craftsmanship, unique designs, and specialized features. The appeal of the area of expertise stores lies in their capacity to offer a tailored buying experience, professional recommendations, and different products that cannot be regularly available in larger retail environments. The benefits of specialty stores are their curated choice of legwear products. Unlike standard shops, these shops cautiously pick their stock to consist of a huge variety of patterns, materials, and types that attract discerning customers. This selection consists of luxury legwear made from premium substances, which include silk, cashmere, and quality cotton, in addition to progressive merchandise proposing advanced technologies like moisture-wicking fabrics, compression guides, and seamless production.


3. Online: Online distribution channels have revolutionized the legwear market, providing a seamless and extensive platform for consumers to access a wide variety of products. The convenience and accessibility of online shopping have driven a shift from traditional brick-and-mortar stores to e-commerce platforms. Legwear products, including socks, stockings, tights, and leggings, are now broadly available on numerous online marketplaces and emblem-unique websites. This shift has allowed manufacturers to reach a broader target audience, tapping into both nearby and global markets without the limitations of bodily retail space. The advantages of online distribution channels for legwear merchandise are their potential to offer an extensive range of styles, sizes, and hues that cannot be viable in a physical store because of area constraints. E-commerce systems can host a giant inventory, catering to diverse patron options and body types.


4. Others: The other segment consists of wholesale, and company-based websites. Wholesale distribution remains a cornerstone of the legwear industry for its ability to facilitate large-scale distribution and reach diverse retail environments. Wholesalers act as intermediaries between manufacturers and retailers, purchasing legwear products in bulk and distributing them to various retail outlets, including department stores, specialty shops, and independent retailers. This channel is beneficial for producers trying to enlarge their marketplace reach without making an investment in direct retail operations. By leveraging the hooked-up networks and marketplace know-how of wholesalers, manufacturers can effectively distribute their products to a broader target audience. In addition, the wholesale segment also supports outlets by presenting them with an extensive collection of legwear products, from basic socks and tights to specialized athletic and fashion leggings. This range allows stores to cater to one-of-a-kind client possibilities and market segments.

By Region

1. 
   

   North America: The North American legwear market is witnessing a surge in demand, driven by evolving fashion trends and changes in lifestyle preferences. The factors for this growth are the rise of athleisure fashion, a trend that seamlessly blends athletic wear with everyday clothing. This demand has been due to athletics’s popularity, where it provides comfort and style, while it is uncommon to miss tights and leggings in many closets. This trend can be observed especially in North America, where the casual lifestyle of most consumers goes hand in hand with athleisure wear, which is versatile. Also, a growth in remote work has increased the need for fashionable legwear. With more people working from home, there is a greater need for clothing that is both professional enough for virtual meetings and comfortable enough for long hours of wear. Tights and leggings fit this need, providing the necessary comfort without compromising on style. Brands like Vuori, based in California, have capitalized on this trend by developing innovative fabrics such as their trademark ‘BlissBlend’. This fabric, made with 75% recycled materials, offers a weightless and stretchy feel, catering to the growing demand for sustainable and high-quality legwear.

   
   


2. 
   

   Europe: Europe region analysis includes Germany, the UK, France, Spain, Italy, and the rest of Europe's countries' performance in the sales and distribution of legwear. The demand for tights, leggings, and socks is driven by a combination of lifestyle preferences and cultural norms, making Europe a player in the global legwear industry. The market is a vibrant and diverse sector, characterized by consumer demand and varied buying behaviors across different countries. According to MRFR analysis, on average, each person in Europe is expected to consume 1.8 pieces of tights and leggings in 2024, highlighting the steady demand for these products. The market dynamics in Europe are influenced by both cultural preferences and lifestyle choices, which differ significantly across the continent.

   
   


3. 
   

   Asia-Pacific: The Asia Pacific region comprises China, India, Japan, South Korea, and the rest of Asia Pacific. The Asia-Pacific legwear industry, encompassing China, India, Japan, South Korea, and the broader region, is witnessing growth, driven by rising incomes, changing fashion trends, and increasing urbanization. The diverse cultural and economic landscape of these countries contributes to a dynamic market with varying consumer preferences and purchasing behaviors. According to the MRFR analyst, in 2024, the average person in the region is anticipated to consume 0.3 units of tights and leggings, reflecting a steady demand that is influenced by both functional needs and fashion trends.

   
   


4. 
   

   South America: The South America region comprises Brazil, Argentina, and the rest of South America. The legwear market in South America, in Brazil, has shown a resurgence in recent years, marking a recovery from the downturn experienced during the COVID-19 pandemic. According to the Instituto de Inteligência de Mercado (IEMI), Brazil is set to produce over 6.5 billion apparel pieces in 2023, surpassing pre-pandemic production levels by 3.8%. This recovery is a testament to the resilience and robustness of the fashion industry in the region. The legwear segment, which includes socks, tights, and leggings, is an integral part of this recovery and growth narrative. According to the MRFR analyst, the average volume per person in the socks market in South America is projected to be 0.9 pieces in 2024. This shows a stable demand for socks, driven by both practical and style desires. Socks are a staple in regular wear and vital for consolation and hygiene, which ensures a constant market demand.

   
   


5. 
   

   The Middle East & Africa: The Middle East and Africa region comprises GCC countries, Turkey, Northern Africa, and Southern Africa. The legwear marketplace inside the Middle East and Africa (MEA) is poised for growth, driven by evolving fashion tendencies, increasing urbanization, and a burgeoning center of elegance. According to the MRFR analyst, it is projected that each person in Saudi Arabia will purchase an average of 0.8 pieces in the tights and leggings industry in 2024, reflecting a steady demand for these versatile garments. This fashion is indicative of broader regional dynamics, wherein the demand for legwear is prompted by a blend of cultural, financial, and social elements. Within the Middle East, international locations like Saudi Arabia, the United Arab Emirates, and Qatar are witnessing a shift in consumer preferences, with a growing inclination towards modern-day and modern-day patterns. This shift is partly fueled by the young population that's increasingly embracing worldwide fashion developments. Tights and leggings, regarded for their consolation and flexibility, are becoming popular alternatives, especially amongst ladies who are looking for the fashion and practicality of their apparel. The rise of athletics, a style trend that mixes athletic and leisurewear, has further propelled the call for leggings, making them a staple in both casual and workout wardrobes.