The latest report by IMARC Group, titled “Socks Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on socks market share. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global socks market is expected to exhibit a growth rate (CAGR) of 5.1% during 2023-2028.
Socks represent a pair of woven or knitted covering worn to prevent the rubbing of shoes on the bare feet. They are made using various materials, such as wool, nylon, acrylic, polyester, olefins, spandex, cotton, silk, bamboo, linen, cashmere, and mohair, which are used based on several requirements and weather conditions. Thermal socks made from wool are utilized in cold environments to keep the foot warm and control frostbite. In addition, diabetic socks manufactured using unique yarns aid in alleviating symptoms associated with diabetes, including reducing shear forces and rough abrasion on the skin. As a result, this product finds widespread applications among men, women, and children and is extensively available across supermarkets, convenience stores, hypermarkets, specialty stores, etc.
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The escalating number of working professionals and the increasing adoption of the formal business environment are among the primary factors driving the socks market. Besides this, the elevating product requirement during sports activities to increase oxygen delivery and blood flow and reduce vibration, jarring, and stress to the muscles for improving the endurance and performance of athletes is further augmenting the market growth. Moreover, diabetic socks enhance blood circulation, keep the feet warm and dry, and prevent the risk of foot injuries, which is also catalyzing the global market. In line with this, the rising prevalence of diabetes and the growing awareness toward the impact of diabetes on the feet of the patients are acting as significant growth-inducing factors. Furthermore, the introduction of customized stockings by the leading players via online channels and the launch of modern products that track the movement, temperature, and location are anticipated to propel the socks market over the forecasted period.
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The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- Adidas AG
- ASICS Corporation
- Drymax Technologies Inc.
- Hanesbrands Inc
- Implus Footcare LLC
- Nike Inc
- Puma SE
- Renfro Brands
- Under Armour Inc
Socks Market Segmentation:
Our report has categorized the market based on region, product, material, application and distribution channel.
Breakup by Product:
- Waterproof Breathable Membrane
Breakup by Application:
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Stores
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.
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