Pantyhose and Tights Market Projected to Expand at a CAGR of 2.5% from 2022 to 2030, According to Contrive Datum Insights

According to a market research study published by Contrive Datum Insights, North America is anticipated to be the largest market in terms of both size and value, The value and size of the European market are anticipated to increase at a moderate rate

Farmington, Jan. 27, 2023 (GLOBE NEWSWIRE) -- The global Pantyhose and Tights Market is expected to grow at a CAGR of 2.5% from 2023 to 2030. Pantyhose and tights are the most prevalent types of hosiery worn by ladies daily, at parties, and for other occasions. From 2023 to 2030, the worldwide pantyhose and tights market is anticipated to expand at a CAGR of 2.5%. This is due to reasons such as the increasing demand for trendy hosiery items in developing nations and the robust expansion in the APAC region.

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Pantyhose and tights are garments that cover the lower legs and extend from the waist to the feet. Use, denier count, opacity, garment type, and material thickness distinguish these two garments from one another. Tights and pantyhose are seen as uncommon attire that women wear to special occasions. These garments are popular with women since they are comfy, flattering, and fit well. Pantyhose and tights are the most prevalent types of hosiery worn by ladies daily, at parties, and for other occasions.

Pantyhose and Tights Market Recent Developments:

  • 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.
  • 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.

Pantyhose and Tights Market Segmentation Analysis:

The wearer of fishnet pantyhose and tights appears sensuous and exposing. It can be used as a base layer for clubbing parties and evening outings beneath skirts, shorts, and dresses. Fishnets are available in a variety of colours, including black, white, pink, etc., which contributes to their exquisite appearance. People prefer sheer pantyhose and tights because they are lightweight and comfy. They are also comfortable against the skin. In addition, they are attractive and come in a variety of colours, such as red, blue, black, etc., making them suitable for parties and other informal circumstances. As undergarments or foundation layers for skirts, shorts, dresses, etc., people favour opaque pantyhose and tights. They are opaque and have full-length legs to provide warmth during the winter.

Pantyhose and tights are worn with dresses, skirts, shorts, etc. as undergarments or foundation pieces. They give warmth during the winter months because to the soft fabric that makes them comfortable throughout the day. Pantyhose and tights are essential components of party dresses for ladies since they enhance their appearance at weddings, parties, etc. They enhance the wearer's appearance by making them feel gorgeous through the employment of various colours and patterns.

Regional Outlook:

During the time covered by the forecasts, North America is anticipated to be the largest market in terms of both size and value. In North America, it is anticipated that the United States will play a significant role in the creation of jobs that enable a big number of women to enter the workforce and produce hosiery items such as pantyhose and tights. During this period, it is anticipated that Latin America would have the highest growth rate in both value and volume (2023-2030). It is anticipated that Brazil will be a key source of jobs in Latin America, allowing a huge number of women to enter the workforce and produce hosiery items such as pantyhose and tights.

The value and size of the European market are anticipated to increase at a moderate rate as a result of technical developments that enable the production of novel and appealing items. In the coming years, China and India are anticipated to have significant growth rates in the Asia-Pacific area due to their expanding incomes.

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Scope of Report:

Report AttributesDetails
Growth Rate2.5% from 2023 to 2030
By TypeFishnet Pantyhose and Tights, Sheer Pantyhose and Tights, Opaque Pantyhose and Tights
By ApplicationsDaily Dressing, Party, Other
By CompaniesSPANX, Wolford AG, Hanes Brands, Bonas, Danjiya, Wacoal, GERBE, Fengli Group, Gold Toe, Cervin, L Brands, Aristoc, Jockey International, and Others
Base Year2022
Historical Year2017 to 2021
Forecast Year2023 to 2030

Market Dynamics:

The global pantyhose and tights industry is expanding as more people move to cities, more women gain employment, disposable money rises, and people's lifestyles change. The expansion of the market is attributable to the expansion of e-commerce, the expansion of the supply network, and a shift in customer preferences. Changes in culture, psychology, and behaviour, as well as the fact that people experiment with new clothing styles and interact with those from various cultures and social systems, will provide a substantial market opening. However, the availability of stockings and leggings reduces the demand for pantyhose and tights.

Market Growth:

Increasing discretionary spending and a flourishing fashion sector, particularly in emerging markets such as Brazil, Russia, Mexico, and South Africa, are propelling the pantyhose and tights market. This sort of product is projected to be driven in the next years by the increasing number of women who work as a result of industrialization, as well as by technical advancements that lead to innovative new items. Additionally, demand from the middle class in Latin American nations such as Brazil and Mexico has contributed to their rapid expansion throughout this time (2021-2030).

Pantyhose and Tights Market Key Segments Covered:

Top Market Players:
SPANX, Wolford AG, Hanes Brands, Bonas, Danjiya, Wacoal, GERBE, Fengli Group, Gold Toe, Cervin, L Brands, Aristoc, Jockey International, and Others.

By Type

  • Fishnet Pantyhose and Tights
  • Sheer Pantyhose and Tights
  • Opaque Pantyhose and Tights

By Application

  • Daily Dressing
  • Party
  • Other

Regions and Countries Covered

  • North America: (US, Canada, Mexico, and Rest of North America)
  • Europe: (Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe)
  • Asia-Pacific: (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific)
  • The Middle East & Africa: (Saudi Arabia, UAE, Egypt, South Africa, Rest of the Middle East & Africa)
  • Latin America: (Brazil, Argentina, Rest of Latin America)
  • Rest Of the World

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