Socks Market 2023-2028: Industry Report, Top Manufacturers, Growth Prospects and Business Statistics

The latest report by IMARC Group, titled "Socks Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", offers a comprehensive analysis of the industry, which comprises insights on socks market. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global socks market is expected to exhibit a growth rate (CAGR) of 5.1% during 2023-2028.

Socks represent a pair of knitted or woven covers worn to prevent the rubbing of shoes on bare feet. They are made using numerous materials, including cotton, wool, nylon, acrylic, polyester, olefins, spandex, silk, bamboo, linen, cashmere, mohair, etc., which are used based on different requirements and weather conditions. Besides this, diabetic socks manufactured utilizing unique yarns aid in relieving symptoms related to diabetes, such as lowering rough abrasion and shear forces on the skin.

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Market Trends:

The increasing number of working professionals and the inflating adoption of the formal business environment are primarily augmenting the socks market. Furthermore, the rising amount of individuals opting for sports as their career option is catalyzing the demand for compression socks, which is also bolstering the global market. Apart from this, the inflating usage of these woven covers for increasing oxygen delivery and blood flow and reducing jarring, vibration, and stress in the muscles to improve the endurance and performance of athletes is further driving the market growth. Moreover, the growing prevalence of diabetes and the rising awareness about the impact of the disease on the feet of patients are acting as significant growth-inducing factors. Besides this, the escalating need for diabetic socks, as they enhance blood circulation, keep the toes warm and dry, and prevent the risk of foot injuries, is also catalyzing the global market. Additionally, the key market players are launching modern products that track infants' temperature, movement, and location, which is expected to drive the socks market in the coming years.

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Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

• Adidas AG
• ASICS Corporation
• Drymax Technologies Inc.
• Hanesbrands Inc
• Implus Footcare LLC
• Nike Inc
• Puma SE
• Renfro Brands
• Thorlos
• Under Armour Inc

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Socks Market Segmentation:

Our report has categorized the market based on region, product, material, application and distribution channel.

Breakup by Product:
• Casual
• Formal
• Athletic
• Others

Breakup Material:
• Nylon
• Cotton
• Polyester
• Wool
• Waterproof Breathable Membrane
• Others

Breakup by Application:
• Men
• Women
• Children

Breakup by Distribution Channel:
• Supermarkets and Hypermarkets
• Convenience Stores
• Online Stores
• Others

Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

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