The latest report by IMARC Group, titled “Socks Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032,” offers a comprehensive analysis of the socks industry size. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.
The global socks market size reached US$ 2.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 4.3 Billion by 2032, exhibiting a growth rate (CAGR) of 4.45% during 2024-2032.
Socks are essential garments designed primarily for foot protection and comfort. These knitted or woven items cover the foot and part of the leg to reduce friction between the foot and footwear, offer thermal insulation, and absorb sweat. The variety of socks available in the market includes dress socks, casual socks, athletic socks, compression socks, and specialty socks such as diabetic or antibacterial socks.
Materials used in sock production vary widely, from natural fibers like cotton and wool to synthetic blends incorporating polyester, nylon, and spandex, each offering distinct advantages in terms of durability, breathability, and elasticity. Additionally, the advent of advanced textiles and eco-friendly materials has further diversified product offerings. Socks serve functional purposes and act as fashion statements with an array of designs, patterns, and colors that cater to diverse consumer preferences and style trends. The universal demand for socks underscores their indispensable role in personal wardrobe and hygiene, fostering ongoing innovation and market expansion.
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Market Trends:
The global market is experiencing robust growth, propelled by rising health consciousness and fashion trends among consumers. Along with this, the increasing popularity of fitness-related activities has significantly driven the demand for athletic socks, which are designed to provide support, cushioning, and sweat-wicking properties. In addition, the growing awareness of foot health has boosted the market for specialty socks, including those offering medical benefits such as improved blood circulation and anti-fungal properties.
As fashion accessories, socks have seen a surge in diversity and experimentation, with bold colors, eclectic patterns, and novel fabrics becoming highly popular, particularly among the youth and working professionals. Technological advancements in textile manufacturing, such as seamless knitting and antimicrobial treatments, have enhanced the functionality and appeal of socks. Furthermore, the expansion of e-commerce has made a wide range of sock products more accessible to a global audience, facilitating rapid growth in sales. These market dynamics are supported by lifestyle shifts, increased disposable incomes, and a strong retail presence, indicating a promising future for the industry.
View Full Report with TOC & List of Figure: https://www.imarcgroup.com/socks-market
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
Explore Top Companies Blog by IMARC Group: https://www.imarcgroup.com/socks-manufacturing-companies
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 (2018-2023)
- Market Outlook (2024-2032)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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