India Socks Market Anticipated to Progress at US$ 271.43 Million By 2028 | CAGR of 5.70%

The latest report published by IMARC Group, titled "India Socks Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", offers a comprehensive analysis of the industry, which comprises insights on India socks market. The report also includes competitor and regional analysis, and contemporary advancements in the market. The India socks market size reached US$ 193.2 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 271.43 Million by 2028, exhibiting a growth rate (CAGR) of 5.70% during 2023-2028.

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What are socks?

Socks represent an item of clothing worn on the feet, extending into the calf, covering the ankle, and extending until the knee. They are generally made of nylon, cotton, wool, polyester, etc., and are worn with boots and shoes. As socks fit to the shape of the foot, they are soft and comfortable, offer a snug fit, provide cushioning for the feet to keep them from friction and blistering, etc. They also prevent injury and contamination from dust, dirt, and other external elements, as well as provide warmth and insulation to the feet, especially in cold weather. In line with this, socks with breathable materials enable air to circulate around the feet, absorb sweat and moisture, and prevent the growth of bacteria, excessive sweating, foot odor, etc. They are commonly available in a wide array of styles and patterns, thereby enabling individuals to express their fashion sense and personal style.

What are the growth prospects and trends in the India socks industry?

The rising popularity of sports, both as a leisurely pastime and a profession, is primarily driving the India socks market. Additionally, the launch of several favorable policies by government bodies to enhance manufacturing capabilities and export of the textile and apparel industry is further catalyzing the market growth across the country. Besides this, the emerging trend of casual work culture is propelling the adoption of socks by individuals that are comfortable and suit work purposes. Moreover, the introduction of product variants with moisture-wicking capabilities, antibacterial attributes, and compression features, owing to the increasing consumer health consciousness, is expected to fuel the India socks market over the forecasted period.

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What is included in market segmentation?

The report has segmented the market into the following categories:

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

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

Breakup by Application:
• Man
• Women
• Children

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

Breakup by Regional:
• Maharashtra
• Tamil Nadu
• Uttar Pradesh
• Gujarat
• Karnataka
• West Bengal
• Rajasthan
• Andhra Pradesh
• Telangana
• Madhya Pradesh
• Delhi NCR
• Punjab
• Haryana
• Others

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

Who are the key players operating in the industry?

The report covers the major market players including:

• Adidas India Marketing Pvt. Ltd (Adidas AG)
• Bonjour Group
• Filatex Fashions Ltd.
• Heelium Sports Private Limited
• NIKE India Private Ltd (Nike, Inc.)
• PUMA India Ltd (PUMA SE)
• SockSoho
• Supersox
• Vidhaan Socks

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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