Press release
Diabetic Sock Market's CAGR Surge : A USD Billion Dollar Growth Story
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.
Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/6390
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.
For Purchase Enquiry at: https://www.alliedmarketresearch.com/purchase-enquiry/6390
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.
Key Findings of the Study:
Calf length diabetic socks was the highest contributor to the global diabetic socks market demand, with $153.4 million in 2018, and is estimated to reach $236.4 million by 2026, at a CAGR of 5.7% during the forecast period.
By sales channel, the offline segment accounted for about 88% of the global diabetic socks market share in 2018, and is expected to grow at the CAGR of 5.1%.
The online sales channel is expected to gain wide traction in the upcoming years, owing to venturing of leading market players in the omni-channel distribution channel.
North America leads in terms of share, and is expected to retain its dominance during the forecast period.
Asia-Pacific region is anticipated to grow with robust CAGR of 5.9% during the forecast period.
LIMITED-TIME OFFER - Buy Now & Get Exclusive Discount on this Report https://www.alliedmarketresearch.com/checkout-final/967f747c042cdbaf316822fa6b7c2494
Key Benefits for Stakeholders:
The diabetic socks report provides an extensive analysis of the current and emerging trends and opportunities.
The report provides detailed qualitative and quantitative analysis of the current diabetic socks market trends and future estimations that help evaluate the prevailing diabetic socks market opportunities in the market.
Diabetic socks market forecast is offered along with information related to key drivers, restraints, and opportunities.
The diabetic socks market analysis is conducted by following key product positioning and monitoring the top competitors within the market framework.
The report provides extensive qualitative insights on the potential and niche segments or regions exhibiting favorable diabetic socks market growth.
Know More- https://www.alliedmarketresearch.com/diabetic-socks-market-A06025
Explore AMR's Extensive ongoing Coverage on Consumer and Goods Domain
Baby Sleepwear Market https://www.alliedmarketresearch.com/baby-sleepwear-market-A09415
Baby Pacifier Market https://www.alliedmarketresearch.com/baby-pacifier-market
Baby Toiletries Market https://www.alliedmarketresearch.com/baby-toiletries-market
Contact:
Davin Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
Follow Us on | Facebook | LinkedIn | YouTube |
About Us:
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 end-to-end solutions along with information, education, advocacy, and networking resources to SMEs and early-stage start-ups to bring excellence to their processes. In addition, we offer a nurturing environment required to develop and grow businesses, including business planning; virtual support; market intelligence; acquiring resources; and getting direct access to finance, suppliers, and other experts to boost the growth of businesses and entrepreneurs.
Our bundled and hassle-free business support systems are customized to meet the needs of SME consultants and industry leaders. Moreover, our large network of skilled consultants and experts help start-ups get the business on a roll.
This release was published on openPR.
Permanent link to this press release:
Copy
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 Diabetic Sock Market's CAGR Surge : A USD Billion Dollar Growth Story here
News-ID: 4370743 • Views: …
More Releases from Allied Market Research
Aircraft Cargo Winches Market Growth Expected to See Next Level | ANCRA Cargo., …
Aircraft Cargo Winches, a kind of stacking hardware, are winches utilized for the vehicle of load merchandise on airplane. Aircraft Cargo Winches improve on the stacking of load with the assistance of an engine driven lifting machine. Aircraft cargo winch is utilized on business or payload airplane to lift and lower a heap and dumping through a fixed rope on a barrel or whipping the heap on the twist closes.…
Linear Polymers Market to Grow at a Surprising CAGR of 4.4% by 2032, As Revealed …
The linear polymers market was valued at $261.0 billion in 2022 and is estimated to reach $401.2 billion by 2032, exhibiting a CAGR of 4.4% from 2023 to 2032.
Allied Market Research published a report, titled, "Linear Polymers Market by Type (Polyethylene, Polyvinyl Chloride (PVC), Polystyrene, Polyamides, Others), By Manufacturing Process (Addition Polymerization, Condensation Polymerization, Ring-Opening Polymerization, Emulsion Polymerization), By End User Industry (Packaging, Automotive, Electronics, Construction, Healthcare, Agriculture, Others):…
Dimension Stone Market Growth is Expanding at a CAGR of 4.2% by 2031
The dimension stone market valued for $13.4 billion in 2021 and is estimated to surpass $20.2 billion by 2031, exhibiting a CAGR of 4.2% from 2022 to 2031. The report offers a detailed analysis of changing market trends, top segments, key investment pockets, value chains, regional landscapes, and competitive scenarios.
Allied Market Research published a report, titled, "Dimension Stone Market by type (Granite, Limestone, Marble, Stand…
High Fiber Food Market Dynamics: A Comprehensive Growth Overview by 2032
High fiber foods are essential for the maintenance of health. Whole grain and high fiber foods consist of all essential nutrients such as phytochemicals, fiber, selenium, potassium, and magnesium. Some of the foods rich in fiber include avocados, Asian pears, berries, coconut, figs, artichokes, okra, peas, acorn squash, and turnips. Moreover, consumers increasingly include higher quantities of whole grain and fiber into their regular diet owing to growing attention over…
More Releases for CAGR
[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064
According to the report published by Allied Market Research,…
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Waterproofing Membranes Market is Projected Grow at CAGR of 8% CAGR by 2033
The waterproofing membranes market is anticipated to witness a Compound Annual Growth Rate (CAGR) of 8.0% over the forecast period. By 2023, the estimated market value for waterproofing membranes is substantial, reaching US$ 31.5 billion.
These waterproofing materials comprise thin, impermeable membranes designed to collaborate with asphalt, providing a protective shield for the structural integrity of buildings. The asphalt component in these membranes acts as a safeguard, preserving the underlying membrane…
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research
A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial…
Pediatric Radiology Market Size will Grow at CAGR 7.7% CAGR during 2017-2026
Pediatric Radiology Market:Overview
The pediatric radiology market is likely to register robust growth in the near future. Chronic illnesses among children including neurological disorders such as ADHD are on the rise. According to the US labor bureau, the demand for pediatrician is expected to grow by 24% on average by 2020. This is the highest average growth among all professionals in the United States.
Despite challenges such as training for new…
