Global Waterproof Socks Market Size By Material (Nylon, Polypropylene), By End-Users (Adults, Children), By Distribution Channels (Store-Based, Non-Store-Based), By Geographic Scope And Forecast

Waterproof Socks Market Size And Forecast

Waterproof Socks Market size was valued at USD 5.67 Billion in 2021 and is projected to reach USD 10.43 Billion by 2030, growing at a CAGR of 7.03% from 2022 to 2030.

Technological advancements in the fashion apparel industry, an increasing number of people involved in adventurous activities, increasing health awareness amongst people, and the increasing awareness among Millenials regarding Waterproof socks are some of the key drivers for the Waterproof Socks Market. The Global Waterproof Socks Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Waterproof Socks Market Definition

Waterproof socks are used to prevent water from entering the sock and provide comfort during various water and other sports activities. They are made up of three layers. The outer layer prevents shoe abrasion, while the middle layer is water-resistant, and the inner layer provides insulation and comfort to the feet. Because of their antibacterial purpose, waterproof socks are considered an important and hygienic accessory for water, adventure, and snow sports activities.

There are various kinds of Waterproof socks like mid-calf length, ankle-length, and calf-length. These socks are further made up of various materials like Nylon, merino wool, polypropylene, and bamboo rayon. They can be purchased either online or through convenience stores, specialty stores, or offline stores.

Global Waterproof Socks Market Overview

A rise in the millennial population and their changing perceptions about various consumer goods are considered the most influential factors driving the demand for waterproof socks in the global market. Potential Customers are generally passionate sports enthusiasts and indulge in various adventurous sports activities like water sports and trekking that ultimately require waterproof socks as a part of their accessories. This, in turn, helps in the market growth.

However, the expensive costs of waterproof socks compared to conventional socks may act as a restraining factor in the Waterproof Socks Market. Still, many rising opportunities fuel the market to reach its significant share value. The growth and development of organized retail sectors and the key player’s innovation based on features of the Waterproof Socks set open opportunities for the market.

Global Waterproof Socks MarketSegmentation Analysis

The Global Waterproof Socks Market is Segmented on the basis of Material, End-Users, Distribution Channels, And Geography.

Waterproof Socks Market, By Material

• Nylon• Polypropylene• Wool• Bamboo Rayon

Based on Material, The market is segmented into Nylon, Polypropylene, Wool, and Bamboo Rayon. Nylon supports high elongation and is heat resistant; Polypropylene has high flexible strength and good fatigue resistance; Wool is wrinkle-resistant and keeps the feet dry; Bamboo Rayon socks are antibacterial, odor-free, and have highly sweat absorbant. Among these, Nylon has the largest market share and is anticipated to lead the market during the forecasted period.

Waterproof Socks Market, By End-Users

• Adults• Children

Based on End-Users, The market is segmented into Adults and Children. The Adults use these socks as an accessory while doing adventure sports. In comparison, the Children use these socks while doing sports activities like bicycling and skating. The adult segment is considered the largest segment and is excepted to register the highest CAGR during the forecasted period.

Waterproof Socks Market, By Distribution Channels

• Store-Based• Non-Store-Based

Based on Distribution Channels, The market is segmented into Store-Based and Non-Store-Based. The non-Store-Based segment is predicted to dominate the market over the forecast period. As a result of the pandemic, consumers have drastically shifted to online mode for purchasing. With expanding E-Commerce services and tempting discounts offered, the online retail segment is anticipated to lead the market during the forecasted period.

Waterproof Socks Market, By Geography

• North America• Europe• Asia Pacific• Rest of the world

On the basis of Geography, The Global Waterproof Socks Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. Asia-Pacific dominates the Waterproof Socks Market during the base year because of the rising number of snow sports activities such as skiing and sledding, ice skating, and others. However, North America is expected to witness significant growth due to the growing expenditure on various sports accessories in the U.S. and Canada.

Key Players

The “Global Waterproof Socks Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Rocky Brands (U.S.), Wigwam Corporation (U.S.), Camaro GesmbH (Austria), Renfro Corporation (U.S.), Seavenger (U.S.), Annapolis Performance Sailing Ltd. (Gill) (U.S.), Wildfire Sports & Trek (Australia), Reed Chillcheater (U.K.), Lennon Performance Products Ltd. (U.K.), Northern Diver (UK), Henderson Neosport (U.S.), NRS (U.S.), Bridgedale Outdoor Ltd (U.K.), Footland Inc. (Taiwan).

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

• January 2022, Giro is the latest brand to enter the waterproof knitwear game, and its super-stretchy Xnetic H2O material has some real advantages. Giro’s new Xnetic H2O socks are a lot stretchier and more like a normal sock in feel, giving them comfort and fit advantage straight away. They wick well when dry, but they’ve still got the typical issue of an outer layer that can get soggy, hold the cold, and reduce wicking.

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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