Market Forecast By Product Types (Compression Stockings, Luxury or Regular Stockings), By Distribution Channel (Online Stores, Multi-Brand Stores, Departmental Stores, Mass-Retailers, Others) And Competitive Landscape
Product Code: ETC030168 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Indonesia Stockings Market Highlights
Report Name | Indonesia Stockings Market |
Forecast Period | 2025-2031 |
Market Size | USD 23 Million-28 Million |
CAGR | 6.2% |
Growing Sector | Apparel |
The Indonesia Stockings market report thoroughly covers the market by product type and by distribution channel. The report provides an unbiased and detailed analysis of the on-going market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Indonesia Stockings Market is projected to reach approximately $ 28 million by 2031, growing at a compound annual growth rate (CAGR) of around 6.1% from an estimated $ 23 million in 2025. The apparel category holds the highest market share in the market.
The Indonesia stockings market is growing steadily, driven by a combination of rising fashion consciousness, an expanding middle class, and increasing disposable incomes. As consumers become more style-oriented, demand for a variety of stockings, from everyday wear to fashion-forward and luxury options, is on the rise. The market is further supported by the growth of e-commerce, making stockings more accessible to consumers across urban and rural areas. With increasing urbanization, both premium and affordable hosiery options are gaining traction, catering to diverse preferences. However, the market also faces challenges from the competition posed by alternative legwear like leggings and tights, and the rising importance of sustainability, prompting brands to innovate with eco-friendly materials and production processes.
According to 6Wresearch, Indonesia Stockings market size is projected to grow at a CAGR of 6.1% during 2025-2031. The growth of the Indonesia stockings market is driven by several factors, including rising disposable incomes, increasing fashion consciousness, and the growing adoption of e-commerce platforms, which enhance accessibility to a wide variety of hosiery products. Consumers are increasingly looking for stylish, comfortable, and functional options, fueling demand for both every day and luxury stockings. Additionally, the growth of the athleisure trend and the rising popularity of health-related products, such as compression stockings, are expanding market opportunities. Moreover, some brands in the market are offering customization options, allowing consumers to choose colors, patterns, and even materials for a personalized shopping experience. However, challenges remain, such as competition from alternative legwear like leggings, tights, and the impact of fluctuating raw material prices. The environmental concerns associated with synthetic materials and the need for sustainable production processes also create pressure on companies to innovate while keeping costs competitive. Additionally, while urban areas see growth, rural markets present distribution and affordability challenges.
Key companies in the Indonesia stockings market include both international and local players. Global brands such as Hanesbrands Inc. and Spanx Inc. offer a wide range of hosiery products, catering to premium and mass-market segments. Local brands like Caroline, Sorella, and F&F are also prominent, providing affordable and stylish options for everyday wear. Additionally, large retail chains and e-commerce platforms like Lazada, Tokopedia, and Shopee are playing a significant role in distributing stockings across the country, further enhancing accessibility and consumer choice. Additionally, some of these players hold majority of the Indonesia Stockings market share. The market is competitive, with companies focusing on product innovation, fashion-forward designs, and expanding their online presence to meet the evolving needs of Indonesian consumers.
In Indonesia, government regulations for the stockings market are primarily overseen by the National Standardization Agency (BSN) and the Ministry of Trade, which enforce product quality, labeling, and safety standards to ensure consumer protection. Hosiery products must comply with Indonesian National Standards (SNI) for fabric quality, labeling, and safety. Additionally, regulations govern the importation of textiles, with tariffs and customs duties affecting the pricing of imported stockings. The government also encourages the adoption of sustainable practices, including using eco-friendly materials and reducing waste, in line with broader environmental policies. Further, these initiatives have further boosted the Indonesia Stockings market revenues. These regulations aim to promote fair trade, consumer safety, and environmentally responsible production in the hosiery sector.
The future of the Indonesia stockings market looks promising, with continued growth driven by rising disposable incomes, urbanization, and increasing fashion-consciousness among consumers. E-commerce platforms are expected to play a pivotal role in expanding market reach, making stockings more accessible across urban and rural areas. Demand for premium and sustainable products will rise as consumers become more eco-conscious and seek both comfort and style in their hosiery choices. Additionally, the growing influence of athleisure wear and health-oriented products, such as compression stockings, will further diversify the market. However, companies will need to adapt to shifting consumer preferences and environmental concerns by focusing on innovation and sustainability to remain competitive.
According to Ravi Bhandari, Research Head, 6Wresearch, in Indonesia, the luxury stockings category is growing at a faster pace compared to regular stockings, driven by the increasing purchasing power of middle and upper-income consumers seeking high-quality, fashionable products. This growth is fueled by a rising demand for premium materials, exclusive designs, and more sophisticated hosiery options, with luxury brands targeting consumers who are willing to pay a premium for comfort, durability, and style. At the same time, regular stockings remain a staple due to their affordability and practicality, catering to the mass market. However, the luxury segment is gaining traction as more consumers embrace premium yet affordable luxury products, aligning with the overall trend of premiumization in the fashion industry.
The departmental stores channel in the Indonesia stockings market is experiencing steady growth, driven by the convenience and wide selection offered by these retail outlets. As consumer spending rises, department stores remain a key shopping destination for hosiery, providing access to both local and international brands. They benefit from high foot traffic, especially in major cities and shopping malls, where consumers can browse a variety of styles and price points. Additionally, department stores are adapting to the digital shift by integrating online sales platforms, allowing for greater reach and convenience. Despite the growing competition from e-commerce and specialty retailers, department stores continue to play a significant role in the market due to their ability to offer a blend of in-store experience and diverse product choices.
The Indonesia Stockings market report provides a detailed analysis of the following market segments -
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Indonesia Stockings Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Stockings Market Revenues & Volume, 2021 & 2031 |
3.3 Indonesia Stockings Market - Industry Life Cycle |
3.4 Indonesia Stockings Market - Porter's Five Forces |
3.5 Indonesia Stockings Market Revenues & Volume Share, By Product Types, 2021 & 2031 |
3.6 Indonesia Stockings Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031 |
4 Indonesia Stockings Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Stockings Market Trends |
6 Indonesia Stockings Market, By Types |
6.1 Indonesia Stockings Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Stockings Market Revenues & Volume, By Product Types, 2021-2031 |
6.1.3 Indonesia Stockings Market Revenues & Volume, By Compression Stockings, 2021-2031 |
6.1.4 Indonesia Stockings Market Revenues & Volume, By Luxury or Regular Stockings, 2021-2031 |
6.2 Indonesia Stockings Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Stockings Market Revenues & Volume, By Online Stores, 2021-2031 |
6.2.3 Indonesia Stockings Market Revenues & Volume, By Multi-Brand Stores, 2021-2031 |
6.2.4 Indonesia Stockings Market Revenues & Volume, By Departmental Stores, 2021-2031 |
6.2.5 Indonesia Stockings Market Revenues & Volume, By Mass-Retailers, 2021-2031 |
6.2.6 Indonesia Stockings Market Revenues & Volume, By Others, 2021-2031 |
7 Indonesia Stockings Market Import-Export Trade Statistics |
7.1 Indonesia Stockings Market Export to Major Countries |
7.2 Indonesia Stockings Market Imports from Major Countries |
8 Indonesia Stockings Market Key Performance Indicators |
9 Indonesia Stockings Market - Opportunity Assessment |
9.1 Indonesia Stockings Market Opportunity Assessment, By Product Types, 2021 & 2031 |
9.2 Indonesia Stockings Market Opportunity Assessment, By Distribution Channel, 2021 & 2031 |
10 Indonesia Stockings Market - Competitive Landscape |
10.1 Indonesia Stockings Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Stockings Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |