Global Socks Market By Product Overview
Introduction:
Socks are type of clothing worn on feet covering ankle and calf. Other types of footwear or shoes are worn over socks. Socks are for serves casual, sports, and medical purposes. Socks are made up of materials such as cotton, wool, nylon, etc. In low temperature area, woolen socks are used to protect feet from cold and frost bite. Socks are help to keep feet worm, soft, and helps to absorb sweat on legs. Socks are no longer regarded a necessary part of one's clothing. They are currently being viewed as a fashion statement by young people, as evidenced by social media sites such as Instagram, Facebook, Twitter, and other social media pages. One of the reasons likely to fuel the socks market growth during the forecast period is the use of colourful patterned socks by celebrities, athletes, and well-known politicians. Following the emergence of colourful patterned socks that are being worn as a style statement, especially by men, socks are now being regarded a fashion accessory among millennials. As a result, several firms have emerged that provide brightly coloured patterned socks for men, women, and children. BOMBOS LLC, for example, situated in New York, manufactures, designs, and markets socks for men, women, and children, including bright patterned, sporty, and formal socks. From animal patterns to giant jackets and beyond, the runway was full of fresh and rising trends. Socks are one accessory that is enjoying a moment in the spotlight. Socks are fashion's favourite new item, and they can make or ruin any outfit, whether they're worn with heels, booties, or layered over tights, as seen in FW19. New collections like Hysteria by Happy Socks are focusing on the often-overlooked accessory, allowing footwear to make a stronger statement. Global Socks Market accounted for US$ 42.75 billion in 2020 and is estimated to be US$ 76.96 billion by 2030 and is anticipated to register a CAGR of 6.1%.
Global Socks Market By Product Dynamics
Increasing advancements in raw materials composed of features
Increasing advancements in raw materials composed of features such as water repellant and odder suppressant, coupled with improvisation of manufacturing processes are driving growth of the global socks market. In addition, raw materials which are used for manufacturing of soaks have excellent anti-fungal and anti-bacterial properties which in turn increases demand for raw material fuels growth of the target market. Furthermore, rising preference for socks those are thin, heat resistant, and lightweight in high altitude areas is expected to propel the global socks market over the forecast period. However, lack of awareness about availability of different types of socks in emerging economies would restrain growth of the target market.
Consumers are moving towards green businesses
Consumers are engaging in peer assessment of products before making a purchase as the Internet and smartphones become more widely used. As a result, people are becoming more aware of the sensitivities that are linked to synthetic fibres. Natural fibres are also more environmentally friendly these days because they are more long-lasting. Chemicals are used sparingly in the processes that turn raw fleeces into yarn and finally into socks. Natural fibres decompose quickly. Furthermore, natural fibres are far more pleasant to wear on your feet, which fuels demand. Furthermore, world leaders have realised the importance of green business practises and value the fact that eco-friendly clothing is best for the skin and protects the environment which drives the socks market.
Global Socks Market By Product Segmentation
Source: Prophecy Market Insights |Disclaimer: Data is only a representation. Actual data may vary in the final report.
Global socks market has been segmented on the basis of product type, material, end-user, distribution channel, and region. On the basis of product type, the target market is bifurcated into specialty socks, athletic socks, trouser socks, and casual socks. On the basis of material, the global socks market is categorized into nylon, cotton, polyester, wool, and waterproof breathable membrane. On the basis of end-user, the target market is classified into men, women, and kids. On the basis of distribution channel, the global socks market is divided into wholesale, supermarkets and hypermarkets, and online stores.
Regional Insights:
The Global Socks Market accounted for US$ 42.75 billion in 2020 and is estimated to be US$ 76.96 billion by 2030 and is anticipated to register a CAGR of 6.1%. On the basis of region, the global socks market has been segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. The Asia Pacific socks market is expected to account for major revenue share as compared to that of other regions. This is attributed to increasing fashion trends among individuals and rising retail sector in countries of the region. Further, the market in Europe expected to account for a second-highest market share in terms of revenue over the forecast period. This is due to growing adoption of woolen socks due to relatively cold weather in countries of the region
Report Scope:
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Attribute |
Details |
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Base year for estimation |
2020 |
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Forecast period |
2020 – 2030 |
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Market representation |
Revenue in USD Million & CAGR from 2020 – 2030 |
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Market Segmentation |
By Product Type- Specialty Socks, Athletic Socks, Trouser Socks, and Casual Socks By Material– Nylon, Cotton, Polyester, Wool, and Waterproof Breathable Membrane By End-User– Men, Women, and Kids By Distribution Channel– Wholesale, Supermarkets and Hypermarkets, and Online Stores |
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Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the Global Socks Market report based on product type, material, end-user, distribution channel and region.
Global Socks Market, By Region:
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- North America
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- U.S.
- Canada
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
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Global Socks Market By Product Key Players
Key players operating in the global socks market includes Adidas A.G., Nike Inc., Puma S.E, Renfro Corporation, Asics Corporation, United Legwear & Apparel Co, Thai Sock Co Ltd, Converse Inc., Supersox and Disney, Under Armour, Inc., Saucony, LLC, Williamson-Dickie Manufacturing Company, LLC, and Darn Tough Vermont. Prominent players operating in the target market are focusing on the strategic partnerships as well as launching of the products in order to gain competitive edge in the target market.
Global Socks Market By Product Company Profile
- Adidas A.G.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Nike Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Puma S.E
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Renfro Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Asics Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- United Legwear & Apparel Co
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Thai Sock Co Ltd
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Converse Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Supersox and Disney
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Williamson-Dickie Manufacturing Company, LLC
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Global Socks Market By Product Table of Contents
Table of Contents
- Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Material
- Market Snippet, By End-User
- Market Snippet, By Distribution Channel
- Market Snippet, By Region
- Opportunity Map Analysis
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- Product Launch
- Impact Analysis
- PEST Analysis
- Porter’s Analysis
- Market Dynamics
- Global Socks Market, By Product Type, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Specialty Socks
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Athletic Socks
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Trouser Socks
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Casual Socks
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Socks Market, By Material, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Nylon
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Cotton
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Polyester
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Wool
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Waterproof Breathable Membrane
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Socks Market, By End-User, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Men
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Women
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Kids
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Socks Market, By Distribution Channel, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Segment Trends
- Wholesale
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Supermarkets and Hypermarkets
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Online Stores
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2019 – 2029
- Overview
- Global Socks Market, By Region, 2019 – 2029, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2019 — 2029
- Y-o-Y Growth Analysis (%), 2019 – 2029
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Material, 2019 – 2029
- Market Size and Forecast (US$ Mn), By End-User, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Distribution Channel, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Material, 2019 – 2029
- Market Size and Forecast (US$ Mn), By End-User, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Distribution Channel, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Material, 2019 – 2029
- Market Size and Forecast (US$ Mn), By End-User, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Distribution Channel, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- China
- India
- Australia
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Material, 2019 – 2029
- Market Size and Forecast (US$ Mn), By End-User, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Distribution Channel, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- Brazil
- Mexico
- Rest of Latin America
- Middle East
- Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Material, 2019 – 2029
- Market Size and Forecast (US$ Mn), By End-User, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Distribution Channel, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- GCC
- Israel
- Rest of Middle East
- Africa
- Market Size and Forecast (US$ Mn), By Product Type, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Material, 2019 – 2029
- Market Size and Forecast (US$ Mn), By End-User, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Distribution Channel, 2019 – 2029
- Market Size and Forecast (US$ Mn), By Country, 2019 – 2029
- South Africa
- Central Africa
- North Africa
- Overview
- Competitive Landscape
- Heat Map Analysis
- Company Profiles
- Adidas A.G.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Nike Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Puma S.E
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Renfro Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Asics Corporation
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- United Legwear & Apparel Co
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Thai Sock Co Ltd, Converse Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Supersox and Disney
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Under Armour, Inc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Saucony, LLC
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Williamson-Dickie Manufacturing Company, LLC
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Darn Tough Vermont.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Adidas A.G.
- Analyst Views
- Section
- Research Methodology
- About Us
- Contact
FAQs
The Global Socks Market is segmented into product type, material, end-user, distribution channel, and region.
The global socks market is expected to register moderate growth over the forecast period. This is attributed to increasing advancements in raw materials composed of features such as water repellant and odder suppressant, coupled with improvisation of manufacturing processes.
By region, Asia Pacific socks market is accounted for major revenue share of the global socks market and is further anticipated to maintain its dominance over the forecast period.
The Key players operating in the Global Socks Market include Adidas A.G., Nike Inc., Puma S.E, Renfro Corporation, Asics Corporation, United Legwear & Apparel Co., LLC, Thai Sock Co Ltd, Converse Inc., Supersox and Disney, Under Armour, Inc., Saucony, LLC, Williamson-Dickie Manufacturing Company, LLC, and Darn Tough Vermont.