French hosiery market hitting a value of €1.4 billion

Press Release   •   Aug 08, 2012 13:56 BST

In 2011 the French hosiery market hit a value of €1.4 billion, with market sales remaining highly fragmented. Even with numerous key players in the market, smaller companies accounted for a share of 66% of hosiery market value sales.

The market leader, Dim SA, a company that has been providing wholesale distribution of high-quality socks and hosiery products for almost 30 years, only held a 6% share of value sales, a stable position compared to 2010.

It was followed in the rankings by KIABI Europe SAS, which gained the most value share, from 3% in 2010 to 5% in 2011.

The growing popularity of leggings has hit sales hard, with a growing number of women preferring to wear leggings with skirts and dresses rather than tights or stockings.

Through to 2016, sales within the French hosiery market are expected to decline in both constant value and volume terms. Unit prices look set to continue their rise as French consumers continue to be attracted by innovative and high-tech products.

In terms of constant value sales, tights look set to fair the best as the majority of products within the hosiery market, such as socks, look likely to decline. Volume will continue to decline, but tights will become more resistant as a result of material improvements.

For more information on the French hosiery market, see the latest research: French Hosiery Market Report

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