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Press Release:

Global Socks Market to Grow at 5% During 2021-2026, Bolstered by Increasing Number of Working Professionals

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Socks Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global socks market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 5% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Socks are a pair of knitted or woven covering worn to prevent rubbing of shoes on the bare feet. They are made using a variety of materials, such as cotton, wool, nylon, acrylic, polyester, olefins, spandex, silk, bamboo, linen, cashmere, and mohair, which are used based on different requirements and weather conditions. For instance, thermal socks made from wool are used in cold environments to keep the foot warm and prevent frostbite. Apart from this, diabetic socks manufactured using unique yarns help alleviate symptoms associated with diabetes, such as reducing rough abrasion and shear forces on the skin.

 

 
 

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Socks Market Trends:

A significant rise in the number of working professionals, along with the increasing adoption of the formal business environment, represents one of the major factors influencing the market globally. Moreover, the growing number of individuals opting for sports as their career option is catalyzing the demand for compression socks. Compression socks are usually worn during sports activities to increase oxygen delivery and blood flow and reduce jarring, vibration, and stress to the muscles, thereby improving the endurance and performance of athletes. Apart from this, the rising prevalence of diabetes, in confluence with the increasing awareness about the impact of diabetes on the feet of the patients, is also contributing to the market growth. Additionally, as diabetic socks enhance blood circulation, keep the feet warm and dry, and prevent the risk of foot injuries, they are gaining traction over regular socks around the world. Furthermore, the key market players are offering customized socks via online channels. They are also launching modern products that track infants' temperature, movement, and location, which is anticipated to drive the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global socks market report, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on product, material, application and distribution channel.

Breakup by Product:

 

 
 

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  • 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:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Adidas AG, ASICS Corporation, Drymax Technologies Inc., Hanesbrands Inc, Implus Footcare LLC, Nike Inc, Puma SE, Renfro Brands, Thorlos and Under Armour Inc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
    Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Billion
Segment Coverage Product, Material, Application, Distribution Channel, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Adidas AG, ASICS Corporation, Drymax Technologies Inc., Hanesbrands Inc, Implus Footcare LLC, Nike Inc, Puma SE, Renfro Brands, Thorlos and Under Armour Inc.
Customization Scope 10% Free Customization
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Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1    Preface
2    Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Global Socks Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Product
    6.1    Casual
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Formal
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Athletic
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Others
        6.4.1 Market Trends
        6.4.2 Market Forecast
7    Market Breakup by Material
    7.1    Nylon
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Cotton
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Polyester
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Wool
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Waterproof Breathable Membrane
        7.5.1 Market Trends
        7.5.2 Market Forecast
    7.6    Others
        7.6.1 Market Trends
        7.6.2 Market Forecast
8    Market Breakup by Application
    8.1    Men
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Women
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Children
        8.3.1 Market Trends
        8.3.2 Market Forecast
9    Market Breakup by Distribution Channel
    9.1    Supermarkets and Hypermarkets
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Convenience Stores
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Online Stores
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Others
        9.4.1 Market Trends
        9.4.2 Market Forecast
10    Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia-Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis
    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Competitive Landscape
    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Adidas AG
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
           15.3.1.3 Financials
           15.3.1.4 SWOT Analysis
        15.3.2    ASICS Corporation
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
           15.3.2.3 Financials
        15.3.3    Drymax Technologies Inc.
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
        15.3.4    Hanesbrands Inc
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
           15.3.4.3 Financials
           15.3.4.4 SWOT Analysis
        15.3.5    Implus Footcare LLC
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio
        15.3.6    Nike Inc
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
           15.3.6.3 Financials
           15.3.6.4 SWOT Analysis
        15.3.7    Puma SE
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
           15.3.7.3 Financials
           15.3.7.4 SWOT Analysis
        15.3.8    Renfro Brands
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
        15.3.9    Thorlos
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
        15.3.10    Under Armour Inc.
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio
           15.3.10.3 Financials
           15.3.10.4 SWOT Analysis

List of Figures

Figure 1: Global: Socks Market: Major Drivers and Challenges
Figure 2: Global: Socks Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Socks Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Socks Market: Breakup by Product (in %), 2020
Figure 5: Global: Socks Market: Breakup by Material (in %), 2020
Figure 6: Global: Socks Market: Breakup by Application (in %), 2020
Figure 7: Global: Socks Market: Breakup by Distribution Channel (in %), 2020
Figure 8: Global: Socks Market: Breakup by Region (in %), 2020
Figure 9: Global: Socks (Casual) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: Global: Socks (Casual) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: Global: Socks (Formal) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: Global: Socks (Formal) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: Global: Socks (Athletic) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Global: Socks (Athletic) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: Global: Socks (Other Products) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: Global: Socks (Other Products) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: Global: Socks (Nylon) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: Global: Socks (Nylon) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: Global: Socks (Cotton) Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: Global: Socks (Cotton) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: Global: Socks (Polyester) Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: Global: Socks (Polyester) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: Global: Socks (Wool) Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: Global: Socks (Wool) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: Global: Socks (Waterproof Breathable Membrane) Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: Global: Socks (Waterproof Breathable Membrane) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: Global: Socks (Other Materials) Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: Global: Socks (Other Materials) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: Global: Socks (Men) Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: Global: Socks (Men) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: Global: Socks (Women) Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: Global: Socks (Women) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: Global: Socks (Children) Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: Global: Socks (Children) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: Global: Socks (Supermarkets and Hypermarkets) Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: Global: Socks (Supermarkets and Hypermarkets) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: Global: Socks (Convenience Stores) Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: Global: Socks (Convenience Stores) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: Global: Socks (Online Stores) Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: Global: Socks (Online Stores) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: Global: Socks (Other Distribution Channels) Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: Global: Socks (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: North America: Socks Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: North America: Socks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 45: United States: Socks Market: Sales Value (in Million US$), 2015 & 2020
Figure 46: United States: Socks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 47: Canada: Socks Market: Sales Value (in Million US$), 2015 & 2020
Figure 48: Canada: Socks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: Asia-Pacific: Socks Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: Asia-Pacific: Socks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: China: Socks Market: Sales Value (in Million US$), 2015 & 2020
Figure 52: China: Socks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 53: Japan: Socks Market: Sales Value (in Million US$), 2015 & 2020
Figure 54: Japan: Socks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 55: India: Socks Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: India: Socks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 57: South Korea: Socks Market: Sales Value (in Million US$), 2015 & 2020
Figure 58: South Korea: Socks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 59: Australia: Socks Market: Sales Value (in Million US$), 2015 & 2020
Figure 60: Australia: Socks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: Indonesia: Socks Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: Indonesia: Socks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 63: Others: Socks Market: Sales Value (in Million US$), 2015 & 2020
Figure 64: Others: Socks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 65: Europe: Socks Market: Sales Value (in Million US$), 2015 & 2020
Figure 66: Europe: Socks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 67: Germany: Socks Market: Sales Value (in Million US$), 2015 & 2020
Figure 68: Germany: Socks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 69: France: Socks Market: Sales Value (in Million US$), 2015 & 2020
Figure 70: France: Socks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 71: United Kingdom: Socks Market: Sales Value (in Million US$), 2015 & 2020
Figure 72: United Kingdom: Socks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 73: Italy: Socks Market: Sales Value (in Million US$), 2015 & 2020
Figure 74: Italy: Socks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 75: Spain: Socks Market: Sales Value (in Million US$), 2015 & 2020
Figure 76: Spain: Socks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 77: Russia: Socks Market: Sales Value (in Million US$), 2015 & 2020
Figure 78: Russia: Socks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 79: Others: Socks Market: Sales Value (in Million US$), 2015 & 2020
Figure 80: Others: Socks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 81: Latin America: Socks Market: Sales Value (in Million US$), 2015 & 2020
Figure 82: Latin America: Socks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 83: Brazil: Socks Market: Sales Value (in Million US$), 2015 & 2020
Figure 84: Brazil: Socks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 85: Mexico: Socks Market: Sales Value (in Million US$), 2015 & 2020
Figure 86: Mexico: Socks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 87: Others: Socks Market: Sales Value (in Million US$), 2015 & 2020
Figure 88: Others: Socks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 89: Middle East and Africa: Socks Market: Sales Value (in Million US$), 2015 & 2020
Figure 90: Middle East and Africa: Socks Market: Breakup by Country (in %), 2020
Figure 91: Middle East and Africa: Socks Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 92: Global: Socks Industry: SWOT Analysis
Figure 93: Global: Socks Industry: Value Chain Analysis
Figure 94: Global: Socks Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Socks Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Socks Market Forecast: Breakup by Product (in Million US$), 2021-2026
Table 3: Global: Socks Market Forecast: Breakup by Material (in Million US$), 2021-2026
Table 4: Global: Socks Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 5: Global: Socks Market Forecast: Breakup by Distribution Channel (in Million US$), 2021-2026
Table 6: Global: Socks Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 7: Global: Socks Market: Competitive Structure
Table 8: Global: Socks Market: Key Players

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Key Question Answered in this Report

We expect the global socks market to exhibit a CAGR of around 5% during 2021-2026.

A significant rise in the number of working professionals, along with the increasing adoption of the formal attire, are some of the factors catalyzing the global socks market. 

Sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of socks.

Based on the product, the global socks market has been segmented into casual, formal, athletic, and others. Currently, casual type holds the majority of the total market share.

Based on the material, the global socks market can be segregated into nylon, cotton, polyester, wool waterproof breathable membrane, and others, where cotton currently represents the largest segment.

Based on the application, the global socks market has been categorized into men, women, and children. Among these, men exhibit a clear dominance in the market.

Based on the distribution channel, the global socks market can be bifurcated into supermarkets and hypermarkets, convenience stores, online stores, and others. Currently, supermarkets and hypermarkets represent the biggest segment.

On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa, where Asia Pacific currently dominates the global market. 

Some of the major players in the global socks market include Adidas AG, ASICS Corporation, Drymax Technologies Inc., Hanesbrands Inc, Implus Footcare LLC, Nike Inc, Puma SE, Renfro Brands, Thorlos, and Under Armour Inc.

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