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: ETC5223333 | Publication Date: Nov 2023 | Updated Date: Jan 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
| Report Name | Cyprus Stockings Market |
| Forecast Period | 2025-2031 |
| Market Size | USD 21 Million-26 Million |
| CAGR | 6.4% |
| Growing Sector | Apparel |
The Cyprus 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 Cyprus Stockings Market is projected to reach approximately $ 26 million by 2031, growing at a compound annual growth rate (CAGR) of around 6.4% from an estimated $ 21 million in 2025. The apparel category holds the highest market share in the market.
The Cyprus stockings market is characterized by steady demand, driven by the country’s stable economy, growing fashion awareness, and rising disposable incomes. As fashion trends continue to influence consumer preferences, there is an increasing interest in both stylish and functional hosiery, with consumers seeking a variety of products for different occasions, from everyday wear to more luxurious options. The market is predominantly driven by imports, as local hosiery manufacturing is limited, though brands offering high-quality stockings are in demand, especially in urban areas. Retailers, including department stores, fashion boutiques, and online platforms, play a significant role in distributing hosiery products, making it more accessible to the fashion-conscious population. While the market remains competitive, the growing inclination towards premium and sustainable hosiery lines is expected to shape its future growth, with an increasing number of consumers seeking both comfort and style in their legwear.
According to 6Wresearch, Cyprus Stockings market size is projected to grow at a CAGR of 6.4% during 2025-2031. The growth of the Cyprus stockings market is primarily driven by increasing fashion consciousness, rising disposable incomes, and the expanding middle class, which is fostering a demand for both functional and stylish hosiery products. Consumers are becoming more aware of global fashion trends and seeking high-quality stockings for everyday use and special occasions. The rise of e-commerce platforms is also playing a significant role, as it offers greater convenience and access to a wide range of hosiery brands. Moreover, the demand for luxury and sustainable hosiery products is growing, with eco-conscious consumers pushing for products made from environmentally friendly materials. However, the market faces challenges, such as the high dependency on imports, which can lead to increased costs and product price sensitivity. Additionally, while the demand for premium products is rising, the competition from alternative legwear options, such as tights and leggings, is intense, as these often offer similar benefits at lower price points. Economic fluctuations, particularly in global markets, may also impact consumer purchasing power, which could hinder market growth in the long term.
In the Cyprus stockings market, several key players contribute to the industry, both through local and international brands. International hosiery brands like Wolford, Calzedonia, and Falke are prominent, offering a range of premium stockings and hosiery products that cater to the fashion-conscious and quality-seeking consumers. Local retailers, such as Debenhams and Marks & Spencer, also play a significant role by offering a variety of stockings from global and regional brands in their department stores. Additionally, e-commerce platforms like ASOS and Amazon, along with local online retailers, are increasingly popular for consumers seeking a wide range of hosiery options. Additionally, some of these players hold majority of the Cyprus Stockings market share. Moreover, these companies are shaping the market by offering diverse styles, prices, and convenient shopping experiences to meet the growing demand for fashionable and high-quality hosiery.
In Cyprus, the stockings market is subject to regulations aimed at ensuring product quality, consumer safety, and fair competition. The Cyprus Consumer Protection Service, in line with European Union regulations, monitors the quality and labeling of hosiery products to ensure they meet safety standards, including proper fabric content and usage instructions. Hosiery products must adhere to the EU’s textile labeling laws, which require clear information on the composition of the materials used, care instructions, and origin of the product. Further, these initiatives have further boosted the Cyprus Stockings market revenues. Additionally, imported hosiery products are subject to customs duties and import regulations, which can affect pricing. The government also encourages sustainability in manufacturing and retail, and as part of the broader EU environmental goals, there are growing regulations on reducing waste and promoting eco-friendly production practices, pushing companies to consider more sustainable options. These regulations contribute to a secure and competitive hosiery market in Cyprus.
The future of the Cyprus stockings market looks promising, with steady growth expected as consumer demand for both fashionable and functional hosiery continues to rise. The growing influence of global fashion trends, coupled with an increasing focus on comfort, sustainability, and premium products, will shape the market in the coming years. E-commerce will play a crucial role in driving growth, offering consumers greater access to a variety of hosiery brands and styles. Sustainability will also become a central theme, with an increasing demand for eco-friendly and ethically produced stockings. Additionally, the middle and upper-income segments are expected to continue fueling the demand for high-quality, luxury hosiery products. As fashion-conscious consumers seek more variety and better quality, brands that offer innovative designs and eco-conscious materials will likely find success in this evolving market.
According to Ravi Bhandari, Research Head, 6Wresearch, in Cyprus, the regular stockings category remains dominant due to their affordability and practicality, catering to the everyday needs of a wide consumer base. However, the luxury stockings segment is witnessing gradual growth, driven by an increasing number of fashion-conscious consumers willing to invest in high-quality, stylish hosiery. This shift is particularly evident among the middle and upper-income groups, who prioritize comfort, luxury materials, and sophisticated designs. As the demand for premium products rises, luxury stockings are becoming more popular in key urban areas like Nicosia and Limassol, where global fashion trends have a stronger influence. While regular stockings still capture the larger share of the market, the growth of the luxury category reflects a broader trend towards higher-end, fashion-forward hosiery in Cyprus.
The departmental stores channel in Cyprus is experiencing steady growth, driven by the increasing demand for convenience and variety in retail shopping. Major retailers such as Debenhams, Marks & Spencer, and The Mall of Cyprus provide consumers with a wide range of hosiery products, from affordable options to premium luxury brands. These stores offer a one-stop shopping experience where consumers can browse and purchase various hosiery styles in-store, making them a popular choice for many. The expansion of modern retail formats and the rise of omnichannel shopping, which blends in-store experiences with online platforms, are contributing to the growth of this channel. As fashion-conscious consumers seek both quality and convenience, departmental stores are expected to continue playing a vital role in the distribution of hosiery products in Cyprus.
The Cyprus 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 Cyprus Stockings Market Overview |
| 3.1 Cyprus Country Macro Economic Indicators |
| 3.2 Cyprus Stockings Market Revenues & Volume, 2021 & 2031F |
| 3.3 Cyprus Stockings Market - Industry Life Cycle |
| 3.4 Cyprus Stockings Market - Porter's Five Forces |
| 3.5 Cyprus Stockings Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
| 3.6 Cyprus Stockings Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
| 4 Cyprus Stockings Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.3 Market Restraints |
| 5 Cyprus Stockings Market Trends |
| 6 Cyprus Stockings Market Segmentations |
| 6.1 Cyprus Stockings Market, By Product Types |
| 6.1.1 Overview and Analysis |
| 6.1.2 Cyprus Stockings Market Revenues & Volume, By Compression Stockings, 2021-2031F |
| 6.1.3 Cyprus Stockings Market Revenues & Volume, By Luxury or Regular Stockings, 2021-2031F |
| 6.2 Cyprus Stockings Market, By Distribution Channel |
| 6.2.1 Overview and Analysis |
| 6.2.2 Cyprus Stockings Market Revenues & Volume, By Online Stores, 2021-2031F |
| 6.2.3 Cyprus Stockings Market Revenues & Volume, By Multi-Brand Stores, 2021-2031F |
| 6.2.4 Cyprus Stockings Market Revenues & Volume, By Departmental Stores, 2021-2031F |
| 6.2.5 Cyprus Stockings Market Revenues & Volume, By Mass-Retailers, 2021-2031F |
| 6.2.6 Cyprus Stockings Market Revenues & Volume, By Others, 2021-2031F |
| 7 Cyprus Stockings Market Import-Export Trade Statistics |
| 7.1 Cyprus Stockings Market Export to Major Countries |
| 7.2 Cyprus Stockings Market Imports from Major Countries |
| 8 Cyprus Stockings Market Key Performance Indicators |
| 9 Cyprus Stockings Market - Opportunity Assessment |
| 9.1 Cyprus Stockings Market Opportunity Assessment, By Product Types, 2021 & 2031F |
| 9.2 Cyprus Stockings Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
| 10 Cyprus Stockings Market - Competitive Landscape |
| 10.1 Cyprus Stockings Market Revenue Share, By Companies, 2024 |
| 10.2 Cyprus Stockings Market Competitive Benchmarking, By Operating and Technical Parameters |
| 11 Company Profiles |
| 12 Recommendations |
| 13 Disclaimer |
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