Global sock sneakers market is expected to show robust growth with an impressive CAGR in the forecast period, 2024-2032 on the account of surging demands from younger population. The sock sneakers have extended applications in sports. Athletes are using it actively for running, athletic sports, gymnastics etc. These applications are driving the growth of the global sock sneakers market in the upcoming five years. The comfort for consumers is also influencing purchasing behavior and thus supporting the growth of the global sock sneakers market in the next five years. Demand for the product is further surging due to growing popularity and trendy designs of the sock sneakers, thus further substantiating the growth of the global sock sneakers market in the future five years. Rising disposable income is also aiding to the growth of the global sock sneakers market in the forecast years, until 2026. The users do not require to wear any socks under sock sneakers. For the consumers who suffer from excessive sweats, and thus caused fungal infection in their heels due to prolong hours of wearing socks, the sock sneakers are a preferable option. The added advantages are further aiding to the robust growth of the global sock sneakers market in the forecast period.
Sock sneakers are a kind of sneaker shoes that are often wore casually and for the sports purposes. The sock sneakers provide protection to the feet and provide ankle support with a high-top design. Trendy designs, and attractive clothing material are all influencing the consumers purchase behavior. These sneakers are very favorable for running, jogging, walking, and other athletic sports. The built-in sock provides additional cushiony comfort. The sole is usually made of flexible polyurethane foam and the heighted sole.
The global sock sneakers market is segmented by product type, distribution channel, regional distribution, and competitive analysis. Based on product type, the market is further divided between adult sock sneakers and child sock sneakers. Adult sock sneakers are expected to register largest revenue shares of the market and dominate the market in the upcoming five years on the account of surging demands from the younger population. Moreover, demands for the sports and casual footwear is further aiding the growth of the global sock sneakers market in the future five years.
Holding the major shares of the global sock sneakers market are Adidas AG, Nike Inc., Benetton Group S.r.l., ASICS, PUMA SE, Skechers USA, Inc., Under Armour Inc., Li Ning (China) Sports Goods Co., Ltd., New Balance Athletics Inc., Kurt Geiger Ltd., among others. Market players are actively involved in the research and technological development in the product developments. The advanced technology has made it possible for the industry to provide excellent services through Sock sneakers. Further advancement would aid the market value and brand establishment in the future five years.
Years considered for this report
Historical Years2016 – 2019
Base Year2020
Estimated Year2021
Forecast Period2022 – 2026
Objective of the Study
- To analyze the historical growth of the market size of global sock sneakers market from 2016 to 2019.
- To estimate and forecast the market size of global sock sneakers market from 2020 to 2026 and growth rate until 2026.
- To classify and forecast global sock sneakers market based on product type, distribution channel, competitional landscape, and regional distribution.
- To identify dominant region or segment in the global sock sneakers market.
- To identify drivers and challenges for global sock sneakers market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global sock sneakers market.
- To identify and analyze the profile of leading players operating in global sock sneakers market.
- To identify key sustainable strategies adopted by market players in global sock sneakers market.
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Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of manufacturers, suppliers, and distributors across the country. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research could include the manufactures and service providers which could not be identified due to the limitations of secondary research. Market insights research analyzed the manufactures, distribution channels and presence of all major players across the country.
Market insights research calculated the market size of global sock sneakers market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. Market insights research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by Market insights research.
Key Target Audience
- Manufacturers, service providers, end users, and other stakeholders
- Distributors and suppliers of products & services and other stakeholders
- Organizations, forums, and alliances related to sock sneakers
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, service providers, suppliers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
