Diabetic Socks Market 2025 Trends: Expected to Grow at a CAGR of 5.4% from 2019 to 2026, Claims AMR

Allied Market Research published a report, titled, "Diabetic Socks Market by Type (Ankle Length, Calf Length, and Knee Length) and Sales Channel (Offline Channels and Online Channels): Global Opportunity Analysis and Industry Forecast, 2019-2026." According to the report, the global bread improvers industry garnered $292.5 million in 2018, and is estimated to reach $435.4 million by 2026, registering a CAGR of 5.4% from 2019 to 2026.

Drivers, restraints, and opportunities

Increase in the aging population and rise in the prevalence of diabetes drive the global diabetic socks market. However, lack of awareness toward diabetic socks restrains the market growth. On the other hand, brand expansion and budding role of e-commerce in diabetic socks create new opportunities in the coming years.

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The calf length segment to dominate throughout the forecast period

Based on type, the calf length segment accounted for more than half of the total share of the global diabetic socks market in 2018, and is expected to maintain its lead status in terms of revenue throughout the forecast period. In addition, the segment is estimated to portray the fastest CAGR of 5.7% from 2019 to 2026. This is attributed to increased demand and usage of calf length diabetic socks that help in relieving pain and treat medical condition in one's lower leg such as varicose veins, aching feet, or other blood circulation issues up to calf length.

The online channels segment held lion's share during the forecast period

Based on sales channel, the offline channels segment contributed to the highest market share, accounting for more than four-fifths of the global diabetic socks market share in 2018, and is estimated to maintain its leadership position during the forecast period. This is attributed fact that offline channels such as physical stores that allow the customers to check and test the merchandise before purchasing, which enhances the consumer shopping experience. However, the online channels segment is estimated to generate the fastest CAGR of 6.1% from 2019 to 2026. This is due to time-saving features, easy availability of information about diabetic socks, and the facility of home delivery.

North America to maintain its dominant by 2026

Based on region, North America accounted for the highest share, holding for more than two-fifths of the global diabetic socks market in 2018, and is projected to maintain its dominant position throughout the forecast period. This is attributed to surge in cases of diabetes patients across the region. However, Asia-Pacific is estimated to portray the fastest CAGR of 6.4% from 2019 to 2026, owing to rapid increase in prevalence of diabetes because of sedentary lifestyle and increased consumption of junk food.

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Leading market players
I-Runner
Colfax Corporation
European Lingerie Group,
Orthofeet Inc.
Creswell Sock Mills
Drew Shoe
Nishikaa Garments International LLP
Pantherella International Group
Drew Shop
Simcan Enterprises Inc.

Know More- https://www.prnewswire.com/news-releases/diabetic-socks-market-to-reach-435-4-mn-globally-by-2026-at-5-4-cagr-allied-market-research-301064723.html

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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