Socks Market Share, Size, Growth, Opportunity and Forecast 2021-2026

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

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.

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 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
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 Coverages:

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
Report Price and Purchase Option	Single User License: US$ 2299 Five User License: US$ 3399 Corporate License: US$ 4499
Post-Sale Analyst Support	10-12 Weeks
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report:

How has the global socks market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global socks market?
What are the key regional markets?
What is the breakup of the market based on the product?
What is the breakup of the market based on the material?
What is the breakup of the market based on the application?
What is the breakup of the market based on the distribution channel?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global socks market and who are the key players?
What is the degree of competition in the industry?