Press release
Socks Market Report 2023 Status and Outlook, Industry Analysis, Growth Factor upto 2030
Global Socks Market Report OverviewThe report provides a comprehensive analysis of the current and future Global Socks market scenario, including insights and updates on the key sectors. The report also provides an analysis of the demand for Global Socks products and services across the world, as well as the manufacturing, income generation, sales, and revenue of the Global Socks market. It also provides a fundamental analysis of the Global Socks market, including the drivers, opportunities, trends, and restraints that are shaping the market.
The Global Socks Market size was valued at USD 51.29 Bn in 2023 and is expected to reach USD 79.23 Bn by 2030, at a CAGR of 6.41 %.
Global Socks Market Report Scope and Research Methodology
A combination of primary and secondary data has been used to gather information about the Global Socks market for the report. Primary data is collected through interviews with Global Socks industry experts and stakeholders, while secondary data is collected from government agencies, trade associations, and industry publications. It has used a bottom-up approach to estimate the Global Socks market size. This approach involves starting with the individual market segments and then aggregating them to arrive at the overall Global Socks market size. The report also provides detailed information on the capacity, manufacturing, price, cost, revenue, and market statistics, which helps stakeholders understand the financial performance of the key players in the Global Socks industry.
Get in touch with an analyst to personalize your report:
Global Socks Market Regional Insights
The Asia-Pacific region stands as a thriving hub for the Socks Market, characterized by its vast population, diverse consumer preferences, and rapidly growing economies. The Asia-Pacific region exhibits robust market growth, driven by increasing disposable incomes, urbanization, and a rising middle class. Consumers in countries like China, India, and Japan are increasingly embracing socks as both fashion accessories and functional garments. Socks have high market penetration in this region, with a strong cultural emphasis on footwear and fashion. In many Asian countries, socks are considered an essential element of the wardrobe, offering a wide range of opportunities for manufacturers and retailers.
Local and international sock brands vie for market share in the Asia-Pacific region. Brands that offer a blend of quality, style, and affordability tend to capture significant market share. Additionally, designer and fashion socks have gained traction, particularly among the younger demographic. The market value of the sock industry in Asia-Pacific continues to grow due to the sheer size of the regional population. With a growing preference for higher-quality and innovative sock options, the market's overall value is on the rise. The Socks Market in Asia-Pacific is expanding into various sub-segments, such as eco-friendly socks and specialized socks tailored to specific regional needs. Online retail is a significant driver of market expansion, making it convenient for consumers to access a wide variety of sock options.
Global Socks Market Segmentation
by Type
Crew Socks
Ankle Socks
Knee-High Socks
No-Show or Low-Cut Socks
Compression Socks
Within the diverse landscape of sock types, crew socks take the spotlight. These socks are typically longer, covering the calf and making them a versatile choice. They seamlessly transition from casual and athletic wear to work wear, accommodating a broad spectrum of consumer preferences. Crew socks, renowned for their versatility, are longer and cover the calf. They serve various purposes, making them a preferred choice for casual, athletic, and work wear. The diversity of applications for crew socks contributes to their market share and value. Ankle socks, a staple in the socks market, are shorter and rest just above or below the ankle.
by Application
Fashion Socks
Athletic and Sports Socks
Medical and Therapeutic Socks
In the dynamic realm of the socks market, fashion socks stand as a testament to style and aesthetics. Fashion socks are designed to captivate consumers who view socks not merely as functional attire but as a fashion accessory. They manifest in various captivating colors, patterns, and designs, often mirroring the latest trends in the fashion world, catering to the desires of those seeking a style statement in their sock choices. Athletic and sports socks represent the pinnacle of performance-oriented hosiery. Engineered with features like moisture-wicking, arch support, and cushioning, these socks are meticulously crafted to enhance the athletic and sporting endeavours of individuals.
by Sales Channel
Online Retail
Offline Stores
In the ever-evolving world of the socks market, online retail platforms play a pivotal role. Online retail, a burgeoning sales channel, facilitates the exploration and purchase of a wide variety of socks, including designer and athletic socks, from the comfort of consumers' homes. These platforms provide an extensive selection, ranging from everyday basics to high-end designer and specialty socks, catering to a diverse range of preferences. Online retail has become a cornerstone of the Socks Industry's market growth. Consumers now have the convenience of browsing and purchasing a wide range of socks from the comfort of their homes, enhancing market penetration. This channel offers a vast selection of socks, including designer and athletic socks, providing consumers with a convenient and comprehensive shopping experience.
by End-User
Men
Women
Children
Please connect me with our representative who will assist in obtaining a sample copy of the report: @https://www.maximizemarketresearch.com/request-sample/19664
Global Socks Market Key Players
1. Nike, Inc.
2. Adidas AG
3. Hanesbrands Inc.
4. Puma SE
5. Under Armour, Inc.
6. Berkshire Hathaway Inc. (Fruit of the Loom)
7. Gildan Activewear Inc.
8. Skechers USA, Inc.
9. Calvin Klein, Inc.
10. H&M Hennes & Mauritz AB
11. Stance, Inc.
12. Burlington Socks (by Kappa)
13. Thorlos, Inc.
14. Smartwool (by VF Corporation)
15. Socksmith Design, Inc.
16. Anta
17. UNIQLO
18. SHEIN
19. ZARA
20. The North Face
21. Vans
Please connect me with our representative who will assist in obtaining a sample copy of the report: @https://www.maximizemarketresearch.com/request-sample/19664
Key questions answered in the Global Socks Market are:
What are Global Socks market segments?
What is the expected Global Socks market size by the end of the forecast period?
What is the expected CAGR of the Global Socks market during the forecast period?
What are the emerging trends in the Global Socks Market?
What are the factors contributing to the final price of Global Socks?
What are the major challenges that the Global Socks Market could face in the future?
Key Offerings:
Market Share, Size & Forecast by Revenue | 2023-2030
Market Dynamics - Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation - A detailed analysis by Route of administration, Application, Facility of use and Region and Region
Competitive Landscape - Top Key Vendors and Other Prominent Vendors
PESTLE Analysis and Porter's Five Forces Analysis
Key Findings
Analyst Recommendations
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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