Global Sports And Athletic Socks Market Size By Material (Cotton Blend, Synthetic Blend, and Wool Blend), By Application (Sports, Medical), By Sales Channel (Offline Sales and Online Sales), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Global Sports And Athletic Socks Market Size By Material (Cotton Blend, Synthetic Blend, and Wool Blend), By Application (Sports, Medical), By Sales Channel (Offline Sales and Online Sales), By Geographic Scope And Forecast
Sports And Athletic Socks Market Size And Forecast
Sports And Athletic Socks Market size was valued at USD 2939.16 Million in 2024 and is projected to reach USD 4499.17 Million by 2031, growing at a CAGR of6.03 % during the forecast period 2024-2031.
The market of Sports And Athletic Socks Market is expanding as a result of the rising need for supportive and comfortable socks for physical activities including sports, fitness, and other athletic endeavors. Athletic and sports socks are made to give the foot moisture-wicking, breathability, and cushioning, lowering the likelihood of blisters, injuries, and pain. The Global Sports And Athletic 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 Sports And Athletic Socks Market Definition
Sports And Athletic Socks Market are a type of sock designed to provide comfort and support to the feet during physical activities such as sports, exercise, and other athletic pursuits. These socks are typically made from synthetic materials such as polyester or nylon, which wick moisture away from the skin to keep feet dry and prevent blisters. They may also feature additional padding and support in key areas of the foot, such as the heel and arch, to help absorb shock and reduce the risk of injury.
The Market comes in a variety of styles and lengths, including ankle socks, crew socks, and knee-high socks, and is often available in a range of colors and designs to suit individual preferences. As more customers choose to customize their socks with colors, emblems, and designs that match their own tastes or team uniforms, the industry is likewise observing an upward trend in customization. New technologies are also being incorporated by some firms.
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Global Sports And Athletic Socks Market Overview
The market for Sports And Athletic Socks Market is the area of the worldwide sock business that focuses on producing and selling socks made for athletic and sporting events. These socks were created particularly to satisfy the needs of sports and athletic endeavors, including the need for support, cushioning, and moisture-wicking qualities to lessen discomfort and blisters during strenuous exercise.
Sports And Athletic Socks market is a highly competitive industry, with several brands and producers providing a variety of goods to satisfy customer expectations. Among others, Nike, Adidas, Under Armour, Puma, and Asics are some of the major market participants. The growing popularity of athletic and fitness activities, the emergence of athleisure fashion, and technological improvements in socks have all contributed to the creation of socks with cutting-edge characteristics like compression, ventilation, and moisture management.
The market for athletic and sports socks is also impacted by shifting consumer trends and tastes, with many customers giving priority to ethical and sustainable production methods when making purchases. As a result, several companies are producing socks using recycled materials and environmentally beneficial manufacturing techniques.
Global Sports And Athletic Socks Market Segmentation Analysis
The Global Sports And Athletic Socks Market is segmented on the basis of Material, Application, Sales Channel, And Geography.
Sports And Athletic Socks Market, By Material
Cotton Blend
Synthetic Blend
Wool Blend
Based on the Material, The market is bifurcated into Cotton Blend, Synthetic Blend, and Wool Blend. Cotton blend material are anticipated to make up the majority of the total revenue share during the anticipated period. While synthetic materials such as polyester and nylon are often used in the markets due to their moisture-wicking and quick-drying properties, cotton blends are also a popular material choice. Cotton is a natural fiber that is breathable and soft, making it comfortable to wear for extended periods. Cotton blends are also durable, easy to care for, and can help to regulate temperature and prevent blisters.
Sports And Athletic Socks Market, By Application
Sports
Medical
Others
Based on the Application, The market is bifurcated into Sports, Medical, and Others. The sport application in Market is anticipated to lead throughout the projected period.
Sports And Athletic Socks Market, By Sales Channel
Offline Sales
Online Sales
Based on the Sales Channel, The market is bifurcated into Offline Sales and Online Sales. The offline sales in Sports And Athletic Socks Market are anticipated to lead throughout the projected period. Athletic and sports socks can be bought in large quantities from brick-and-mortar merchants such as athletic wear shops, sporting goods stores, and department stores. To satisfy their clients’ demands, these establishments often have a wide range of brands and fashions.
Moreover, specialist running shops and sporting goods retailers may provide a wider variety of sports-specific socks, such as basketball or running socks. The market is still mostly sold offline, especially to customers who like to try the socks on and feel them before making a purchase. Customers may select the ideal pair of socks for their requirements by taking advantage of the individualized assistance and guidance offered by skilled sales staff in physical locations.
Sports And Athletic Socks Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
On the basis of Geography, the Global Sports And Athletic Socks Market is classified into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. The market is led by North America. The Sports And Athletic Socks Market is dominated by North America, which is followed by Europe and Asia-Pacific. Due to its high rate of sports participation and increasing interest in athleisure clothing, the United States is North America’s largest market for Sports And Athletic Socks Market. As more people look to customize their socks with colors, logos, and designs that fit their own tastes or team uniforms, the customization and personalization trend is also growing in the North American market. Social media and influencers are fueling this trend by pushing customized and distinctive sock patterns.
Key Players
The “Global Sports And Athletic Socks Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Adidas AG, ASICS Corporation, Drymax Technologies Inc., Hanesbrands Inc., Jockey Interntional Inc., New Balance Atheletics Inc., Nike Inc., PUMA SE, Skechers USA Inc., THORLO Inc., Under Armour Inc., VF Corporatoion, Wolverine World Wide Inc. amongst others. The competitive landscape section also includes information about the above competitors’ key development strategies, market share analyses, and market positioning analyses on a global scale.
Key Developments
In 2020, Nike launched its first sustainable sock collection made from 100% recycled polyester, a move toward its goal of using only sustainable materials by 2030. They also introduced the Nike Elite Compression OTC Running Socks, which use advanced compression technology to improve performance.
In 2019, Under Armour released its Rush line of Sports And Athletic Socks Market, made with a mineral-infused fabric that is said to enhance performance by recycling the body’s energy. They also introduced the UA Qualifier Speedpocket Run Crew Socks, designed to securely hold a phone or other small items during a workout.
In 2020, Balega launched its Silver collection of socks, featuring silver-infused fibers that provide antibacterial and antimicrobial properties to keep feet fresh and odor-free. They also introduced the Balega Enduro Quarter socks, which provide enhanced cushioning and support for high-impact activities.
ASICSIn 2020, ASICS introduced the ASICS Running Sock, which uses a combination of materials to provide targeted support and cushioning to different parts of the foot. They also released the ASICS Compression Sock, designed to improve blood flow and reduce muscle soreness during and after exercise.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the global Sports And Athletic Socks Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. The porter’s five forces model can be used to assess the competitive landscape in global Sports And Athletic Socks Market, gauge the attractiveness of a certain sector, and assess investment possibilities.
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