Global socks market is expected to grow at an impressive rate during the forecast period. The global socks market is driven by the increasing working population. Additionally, the acceptance of socks as a part of essential accessory with different attires is further expected to propel the market through 2028. Furthermore, growing need to maintain healthy foot especially in athletes, gym professional and diabetes patients to prevent the prevalence of foot disorders is expected to spur the market growth over the next few years.
The global socks market is segmented based on type, material, distribution channel, end user, company and region. Based on type, the market can be fragmented into athletic socks, casual socks and formal socks. The athletic socks segment is expected to dominate the market on account of the increasing preference among the athletes and gym professionals to protect from blisters. Based on distribution channel, the market can be fragmented into hypermarket & supermarket, convenience store, online and others. The online segment is expected to register the highest growth in the market during the forecast period. This can be ascribed to the numerous benefits of online shopping such as easy production selection, affordability, option to compare products & prices, doorstep delivery, among others.
Regionally, the socks market
The major players operating in the socks market are Nike Inc., Puma S.E., Adidas A.G., Asics Corporation, Renfro Corporation, THORLO, Inc., Hanesbrands Inc., Balega, Drymax Technologies Inc, Under Armour, Inc. and others. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.
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Objective of the Study
- To analyze and estimate the market size of global socks market from 2018to 2021.
- To estimate and forecast the market size of global socks market from 2022to 2028 and growth rate until 2028.
- To classify and forecast global socks market based on type, material, distributionchannel, end user, company and regional distribution.
- To identify dominant region or segment in the global socks market.
- To identify drivers and challenges for global socks market.
- To examine competitive developments such as expansions, new productlaunches, mergers & acquisitions, etc., in global socks market.
- To identify and analyze the profile of leading players operating in globalsocks market.
- To identify key sustainable strategies adopted by market players inglobal socks market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of socks manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the socks manufacturers, distribution channels and presence of all major players across the globe.
TechSci Research calculated the market size of
Key Target Audience
- Socks manufacturers/suppliers/ distributors
- Market researchand consulting firms
- Government bodiessuch as regulating authorities and policy makers
- Organizations,forums and alliances related to socks
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
| Attribute | Details |
| Base Year | 2022 |
| Historical Years | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million, Volume in Units, and CAGR for 2018-2022 and 2023-2028 |
| Report Coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | · Type · Material · Distribution Channel · End User |
| Regional Scope | North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa |
| Country Scope | United States; Canada; Mexico; China; India; Japan; Malaysia; Thailand; Indonesia; Vietnam; South Korea; Germany; France; United Kingdom; Spain; Italy; Belgium; Russia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Egypt |
| Key Companies Profiled | Nike Inc., Puma S.E., Adidas A.G., Asics Corporation, Renfro Corporation, THORLO, Inc., Hanesbrands Inc., Balega, Drymax Technologies Inc, Under Armour, Inc. |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and Purchase Options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
