Legwear Market Research Report Information By Price Range (Economy/Mass and Premium), By Type (Socks, Medical Hosiery, Tight Leggings, Sheer, Opaque Hosiery, and Others), By Size Type (Regular and Plus Size), By End User (Adult and Kids), By Distribution Channel (Hypermarkets/Supermarkets, Specialty Stores, Online, and Others) And By Region (North America, Europe, Asia-Pacific, South America, and Middle East and Africa) – Industry Forecast Till 2032
Legwear Market Size was valued at USD 62,563.85 million in 2023. The Legwear market industry is projected to grow from 2024 to USD 86,981.84 million by 2032, exhibiting a compound annual growth rate (CAGR) of 4.91% during the forecast period (2024 - 2032). The consistent demand for legwear driven globally by evolving fashion trends, increasing health-conscious population, urbanization and lifestyle changes, and rising consumer awareness and preference for sustainable products.
It is popular worldwide since customers may customize their legwear to their tastes. This trend represents customer demand for personalized products and experiences. Customized legwear with unique patterns, colors, fits, and features boosts customer happiness and brand loyalty. Desire for unique and expressive clothes drives personalization. Millennials and Gen Z want customized products. Custom legwear lets customers pick designs, colors, and graphics for distinctive, eye-catching items.
Particularly among customers who are athletic and performance-oriented, functional customizing is also becoming very trendy. Compression zones, moisture-wicking qualities, and temperature control allow legwear meant for certain activities—running, yoga, or hiking—to be tailored. Customers may pick legwear that fits their performance requirements, therefore improving their comfort and sports experience.
Market Segment InsightsBased on the price range, the Legwear Market has been segmented into economy/mass and premium.
Based on type, the Market has been segmented into socks, medical hosiery, tight leggings, sheer, opaque hosiery, and others.
Based on the size type, the Legwear Market has been bifurcated into regular and plus size.
Based on the end user, the Market has been bifurcated into adult and kids.
Based on the distribution channel, the Market has been bifurcated into hypermarkets/supermarkets, specialty stores, online, and others.
Regional InsightsBy Region, the study segments the market into North America, Europe, Asia Pacific, South America, and the Middle East & Africa. Asia Pacific Legwear market accounts for the largest market share 33.22% in 2023 and is expected to exhibit a 5.66%. 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.
Major PlayersKey Companies in the Legwear market include 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), and Wolford AG (Austria).