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Pantyhose and Tights Market Size, Share & Trends Estimation Report By Type (Fishnet Pantyhose and Tights, Sheer Pantyhose and Tights, Opaque Pantyhose),By Application (Daily Dressing, Party), By Region, And Segment Forecasts, 2023 - 2030
The global Pantyhose and Tights Market is expected to grow at a CAGR of 2.5% from 2023 to 2030.
Pantyhose and Tights Market Overview:
Pantyhose and tights are the most common types of hosiery that women wear every day, to parties, and for other events. The global pantyhose and tights market is expected to grow at a CAGR of 2.5% from 2023 to 2030. This is because of factors like rising demand for fashion hosiery products in developing countries and strong growth in the APAC region.
Pantyhose and tights are pieces of clothing that go from the waist to the feet and cover the lower legs. Use, denier count, opacity, type of garment, and thinness of material are what set these two clothes apart from each other. Tights and pantyhose are thought of as unusual clothes that women like to wear to special events. Women like these clothes because they are comfortable, fit them well, and make them look better. Pantyhose and tights are the most common types of hosiery that women wear every day, to parties, and for other events.
Market Dynamics
The global pantyhose and tights market is growing because more people are moving to cities, more women are getting jobs, disposable income is going up, and people's lifestyles are changing. The growth of the market is due to the growth of e-commerce, the growth of the supply network, and a change in consumer tastes. Changes in culture, psychology, and behaviour, as well as the fact that people try out new ways of wearing clothes and mix with people from other cultures and social systems, will create a large market opportunity. But the fact that stockings and leggings are also available cuts down on the demand for pantyhose and tights.
Growth Factors of the Pantyhose and Tights Market:
Rising disposable income and a growing fashion industry, especially in emerging economies like Brazil, Russia, Mexico, and South Africa, are driving the pantyhose and tights market. In the coming years, this type of product is likely to be driven by the growing number of women who work because of industrialization, as well as by technological advances that lead to new, creative products. Also, demand from the middle class in Latin American countries like Brazil and Mexico has helped them grow quickly during this time (2021-2030).
The market is divided into fishnet Pantyhose and Tights, sheer Pantyhose and Tights, and opaque Pantyhose and Tights based on product type.
Fishnet Pantyhose and Tights:
Fishnet pantyhose and tights make the person wearing them look seductive and revealing. For clubbing parties and evening outings, it can be worn as a base layer under skirts, shorts, and dresses. Fishnets come in many different colours, such as black, white, pink, etc., which adds to their elegant look.
Sheer Pantyhose and Tights:
People like sheer pantyhose and tights because they are comfortable and light. They also feel good against the skin. Also, they look nice and come in different colours like red, blue, black, etc., which makes them good for parties and other casual situations.
Opaque Pantyhose and Tights:
People like to wear opaque pantyhose and tights as underwear or base layers for skirts, shorts, dresses, etc. They are opaque and have full-length legs that keep you warm in the winter.
On the basis of Application, the market is segmented into the daily dressing and party wear.
Daily Dressing:
Pantyhose and tights are worn as underwear or foundation pieces with dresses, skirts, shorts, etc. They provide warmth to the wearer during the winter months thanks to the soft fabric that makes them comfy all day long.
Party Wear:
Pantyhose and tights are important parts of women's party dresses because they make them look better at weddings, parties, etc. They make the person who wears them look beautiful by making them feel glamorous through the use of different colours and patterns.
Regional Insights:
During the Forecast period, North America is anticipated to be the largest market by region.
During the period for which the projections are made, North America is expected to be the biggest market in terms of both value and size. In North America, it is expected that the United States will play an important role in creating jobs that will allow a large number of women to join the workforce and make hosiery items like pantyhose and tights. During this time, Latin America is expected to have the highest rate of growth in both value and volume (2023-2030). Brazil is expected to be a major source of jobs in Latin America, which will allow a large number of women to join the workforce and make hosiery items like pantyhose and tights.
The value and size of the European market are expected to grow at a moderate rate, thanks to technological advances that make it possible to make new and interesting products. Due to their rising incomes, China and India are expected to have high growth rates in the Asia-Pacific region in the coming years. Demand from the middle class and the growth of the fashion industry, especially in developing countries like Brazil, Russia, Mexico, and South Africa, make them possible markets for this type of product in the coming years.
During this time, the Middle East and Africa are expected to grow slowly in terms of both value and volume (2023-2030). Countries in the Middle East and Africa, like the UAE and South Africa, are expected to buy a lot of this type of product in the next few years.
Scope Analysis
Report Attribute | Details |
Study Period | 2017-2030 |
Base Year | 2022 |
Estimated year | 2023 |
Forecast period | 2023-2030 |
Historic Period | 2017-2022 |
Units | Value (USD Billion) |
Growth Rate | CAGR of 2.5% from 2023 to 2030 |
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Competitive Analysis
The Pantyhose and Tights Market research report provides a close watch on major competitors with strategic analysis, micro and macro market trends and scenarios, pricing analysis, and a comprehensive assessment of the market's circumstances during the forecast period. This is a professional and comprehensive report that focuses on key and secondary drivers, market share, leading segments, and geographic analysis. In addition, the research examines significant actors, major collaborations, mergers & acquisitions, innovative trends, and business strategies.
The global market for Pantyhose and Tights is extremely competitive. This is a result of continual research and development (R&D) and the efforts of value chain partners. In addition, important firms are employing various company growth methods to extend their regional and international footprint.
This research profiles SPANX, Wolford AG, Hanes Brands, Bonas, Danjiya, Wacoal, GERBE, Fengli Group, Gold Toe, Cervin, L Brands, Aristoc, Jockey International
Recent Development
Delta Galil Announces A Worldwide Licensing Agreement With Wolford For Lingerie And Swimwear
In June 2021 - Delta Galil Industries Ltd., a global manufacturer, and distributor of branded and private label apparel products for men, women, and children, announced a new licensing agreement with Wolford, a market leader in high-end tights, SKIN WEAR, lingerie, and body wear, to design, manufacture, and distribute new women's lingerie and swimwear collections. In Spring/Summer 2022, the Wolford collections will be launched globally via Wolford boutiques, leading department stores, selected multi-brand and specialty shops, and key online retail platforms.
Hanes Hosiery Revolutionizes Legwear With The Introduction Of Perfect Tights
In October 2017 - Hanes Hosiery, the largest producer and distributor of women's hosiery, is revolutionizing legwear with the launch of the Perfect Tights collection. Featuring COMFORT FLEX® knitting, these anatomically correct, luxury tights flex to the body for ultimate comfort and fit.
Market Segmentation
This portion of the study on the Pantyhose and Tights market gives detailed data on the segments at the country and regional level, thereby aiding the strategist in determining the target demographics for the relevant product or service and the impending opportunities.
By Type
- Fishnet Pantyhose and Tights
- Sheer Pantyhose and Tights
- Opaque Pantyhose and Tights
By Application
- Daily Dressing
- Party
- Other
By Companies
- SPANX
- Wolford AG
- Hanes Brands
- Bonas
- Danjiya
- Wacoal
- GERBE
- Fengli Group
- Gold Toe
- Cervin
- L Brands
- Aristoc
- Jockey International