Socks Market expected to expand at a CAGR of 6.7% from 2017 to 2025
Socks are commodity products. However, in recent years with the advent of luxury socks and socks for specific application, socks have transformed from commodity items to fashion pieces. Owing to the transformation of this traditional item into a luxury product, the growth of the socks market outpaces the overall growth of the apparel industry. Almost 50% of the men use socks every day. Hence, the robust growth of the men’s apparel industry is expected to be the major driver of the socks industry during the forecast period.
Get Brochure For More Information@ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=9470
The growth of the socks market is attributed to the rapid expansion of the retail network in developing economies primarily China, Brazil, and India. Increasing population and disposable income in these regions is expected to further drive the retail sector, which in turn is increasing the demand for socks. Asia Pacific accounted for the largest market share for socks. North America and Europe also contributed a considerable market share; however, growth in these regions is stagnant or has reached a stage of maturity, especially in Europe. Asia Pacific and Europe are likely to have better growth potential during the forecast period due to the rise in population, GDP, and favorable government policies to boost the growth of the organized sector in these regions. The major opportunities for the global socks market lies in the improved fashion trends powered by rising income. Application specific customization of socks is creating new opportunities in the market.
Global Socks Market: Segmentation
Specialty socks are the largest product segment in the socks market. The primary driver for the specialty socks market is its healthcare application. Further, in 2015, athletic socks segment contribute second largest market share. Athletic socks are majorly used for sports and gym purposes; however, they can also be used as casual wear with informal footwear. Trouser socks are accessories used along with formal footwear by both men and women. In terms of materials segment, cotton type accounts for the largest market share at almost one third of the total market. However, the nylon and polyester type socks are expected to show significant CAGR growth during the forecast period 2027 – 2027.
This market research study analyzes the socks market globally and provides estimates in terms of revenue (US$ Mn) from 2015 to 2025. It recognizes the drivers, restraints, and opportunities affecting the industry and analyzes their impact over the forecast period.
Global Socks Market: Regional Outlook
The report segments the market on the basis of geography into Europe, North America, Asia-Pacific (APAC), and Middle East & Africa, and South America. The market have been estimated in terms of revenue (US$ Mn). The report segments the market in terms of product type as specialty socks, athletic socks, trouser socks, women's socks, casual socks, and others. It also segments the market on the basis of materials used for manufacturing socks as nylon, cotton, polyester, wool, waterproof breathable membrane, and others. All these segments have also been estimated on the basis of geography in terms of revenue (US$ Mn). For better clarity of the consumers’ perspective, the report segments the market by gender into men’s socks, women’s socks, and kids’ socks. The market is segmented based on the age group into 0 – 14, 15 – 24, 25 – 34, and above 35. Moreover based on the distribution channel the market is segmented into wholesale and retail.
For better understanding of the socks market, we have provided key market trends. Furthermore, the study comprises distribution channel analysis, where distribution networks are benchmarked based on their percentage sales and general attractiveness.
Global Socks Market: Competitive Outlook
The report provides company market share analysis of various industry participants. Key players have also been profiled on the basis of company overview, financial overview, business strategies, and recent developments in the field of socks. Major market participants profiled in this report include Adidas A.G., Nike Inc., Puma S.E., Renfro Corporation, Asics Corporation, THORLO, Inc., Balega, Drymax Technologies Inc., Hanesbrands Inc. and Under Armour, Inc.
Get Customize Report@ https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=9470
The global socks market has been segmented as follows:
Global Socks Market: By Type
Multiple Toe Socks
We are leaders in analytics, research, and advisory services for Fortune 500 companies, scores of high potential startups, and financial institutions. Our success stories have proven why we are a preeminent provider of cutting-edge syndicated and customized research services. Leverage the best of our seasoned research analysts who hold a keen interest and enviable expertise of almost 4 million hours in global, regional, and local market intelligence.
90 State Street,
Albany NY - 12207
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Socks Market expected to expand at a CAGR of 6.7% from 2017 to 2025 here
News-ID: 1121829 • Views: 745
More Releases from Transparency Market Reasearch
Inserts & Dividers Market - Company Strategy, Product Portfolio and Recent Devel …
In this report, Transparency Market Research offers an 8-year forecast of the global inserts & dividers market between 2018 and 2026. In terms of value, the global inserts & dividers market is expected to expand at a value CAGR of 5.2% during the forecast period. The study reveals the dynamics of the inserts & dividers market in five geographic segments, along with market analysis for the current market environment and
Magneto Elastic Torque Sensor Market - Understanding Industry Evolution by Track …
Magneto Elastic Torque Sensor Market: Overview This comprehensive report by Transparency Market Research analyzes and forecasts the magneto elastic torque sensor market at the global and regional level. The report provides analysis over the period 2016–2026, wherein 2018 to 2026 is the forecast period and the base year is 2017. An in-depth and unbiased market assessment has been made to offer readers in-depth and accurate analysis. The report highlights all the
Online Gambling & Betting Market to Reach US$ 128.2 Bn by 2026
According to a new market research report published by Transparency Market Research titled “Online Gambling & Betting Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,” the global online gambling & betting market is expected to reach a value of US$ 128.2 Bn by 2026, expanding at a CAGR of 11.8% from 2018 to 2026. Europe held the leading share of the online gambling &
Flexographic Printing Machine Market Expected to reach US$ 3.25 Bn by 2026, Expa …
According to a new market report published by Transparency Market Research titled “Flexographic Printing Machine Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,” the global flexographic printing machine market is expected to reach US$ 3.25 Bn by 2026, expanding at a CAGR of 4.2% from 2018 to 2026. Asia Pacific held the dominant share in the flexographic printing machine market in 2017. Get Brochure For
More Releases for Socks
Global Stretch Socks Market Study 2015-2025, by Segment (Gradient Socks, Anti-Em …
Stretch socks are the medical equipment which is made of a material that has a very high elasticity. Stretch socks can deliver a distributed amount of compression at the ankle and up the leg and help relieve symptoms and slow the progress of varicose veins. They are designed to gently squeeze the legs, which promotes good blood flow in the veins. Patients with venous disease may benefit from wearing compression
Diabetic Socks Market 2025 | BSN Medical SIGVARIS Therafirm Cresswell Socks Mill …
Diabetic socks are the socks specially designed for people with diabetes. Usually, the diabetic socks are produced without seams with the purpose of decreasing the possibility of blistering. The ideal socks for diabetic people with must-have features such as no prominent seams, non-elasticated cuffs, for winter use keep in warmth and allowing feet to sweat and breathe to dry out mainly in summer. The major aspects fuelling the growth of the
Socks Market Report 2018: Segmentation by Type (Athletic Socks, Specialty Socks, …
Global Socks market research report provides company profile for Adidas A.G., Nike Inc., Puma S.E., Renfro Corporation, Asics Corporation, THORLO, Inc., Balega, Drymax Technologies Inc., Hanesbrands Inc. Under Armour, Inc. and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the
Global Socks Market: Casual Socks Segment Anticipated to Exhibit Relatively High …
A latest research report titled as “Global Market Study on Socks: Casual Socks Product Type Segment Anticipated to Exhibit Relatively High Value Share During 2017 - 2025” has been recently added to the vast portfolio of Market Research Reports Search Engine (MRRSE) online research offerings. This report is a professional and in-depth analysis on the present state and future prospect for the global market. It provides valuable information to the
Therapeutic Socks Market
Therapeutic Socks Market Overview Compression therapy is a safe and cost-effective method of treating wounds, vein thrombosis, phlebitis and providing post-surgery care. It relies on a simple yet efficient principle – applying an elastic garment around a limb. A relatively new form of treatment, it is anticipated to post rapid growth during the next decade. Compression therapy includes garments like leggings, shirts, socks and stockings. The therapeutic socks market, otherwise known
Childrens Sock Industry Global Supply & Consumption Analysis Market Report 2017 …
Qyresearchreports include new market research report Global Childrens Socks Industry Market Research 2017 to its huge collection of research reports. This research report gives an account of the global Childrens Socks market manages all its basic points of interest with the assistance of an inside and out and shrewd examination. The market is clarified in a comprehensive way and thus permits the report to show an entire examination of the market