Global Socks Market Size, Share & Trend Analysis- By Type of Socks, By Material, By End-User, By Distribution Channel, Regional Outlook, Competitive Tactics, and Segment Forecast to 2031

The Global Socks Market size was estimated at USD 46.21 billion in 2021 and is expected to hit around USD 19 billion by 2031, poised to grow at a compound annual growth rate (CAGR) of 6.35 % from 2022 to 2031.

Global Socks Market: Breakup by Region, 2022 & 2031

Diagram Description automatically generated with low confidence

Source: Primary Research and Secondary Research Analysis

The term "global socks market" describes the sector of the economy that deals with the production, supply, and retail of socks. Socks are a sort of footwear that are often created from a variety of materials, including cotton, wool, nylon, polyester, and fabric mixes. They frequently serve the purposes of comfort, sweat absorption, and foot protection from rubbing and shoe abrasion.

Athletic socks, casual socks, formal socks, compression socks and specialty socks for particular activities or medical conditions are just a few of the many types of socks available on the market. To accommodate a wide range of consumer tastes, socks come in a variety of sizes, styles, colours, and patterns.

Several significant developments that are reshaping the landscape in many different industries are being seen in the global market scenario. The rapid progress of digital transformation is one of the most noticeable trends. With a boom in the usage of artificial intelligence (AI), internet of things (IoT), and blockchain solutions, technology is continuing to revolutionise businesses throughout the world. These technologies are being used by businesses to increase productivity, streamline processes, and enhance customer experiences.

The increasing importance of sustainability and environmental awareness is a noteworthy trend as well. Businesses are adopting more environmentally friendly practises and lowering their carbon footprint as a result of consumers' growing demand for eco-friendly goods and services. This shift towards more ethical business practises is demonstrated by the growth of sustainable packaging, renewable energy options, and circular economy efforts.

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E-commerce and digital retailing are also substantially expanding on the global market. The ease of online buying, along with increased internet connection and smartphone use, has sped up e-commerce's expansion. Businesses are making significant investments in omnichannel strategy to offer seamless shopping experiences, eroding the distinction between traditional retail and online sales.

The COVID-19 pandemic has also had a long-lasting effect on the world market. The crisis accelerated the use of remote work and online collaboration tools, revolutionising how businesses run. With the rise of hybrid work models, which let employees work both from home and in the office, office space utilisation and workforce dynamics are changing.

Recent Developments:

Recent changes in the global socks market have shaped the sector and allowed it to adapt to changing consumer needs. The growing emphasis on environmentally friendly and sustainable sock production is one noticeable trend. Many companies are introducing ecologically friendly practises, such as using recycled and organic materials, using less water, and using moral production methods. Companies are responding to consumers' increased interest for sustainable goods by adding environmental consideration into their product lines.

The emergence of wearable technology and smart socks is another noteworthy development. In order to track several health and fitness data, including step count, heart rate, and even foot temperature, companies are incorporating sensors and smart textiles into socks. Consumers who care about their health and athletes searching for wearable technologies to track their performance and wellbeing may find these advancements interesting.

Collaborations between sock producers and fashion designers or influencers are also happening in the market. Limited-edition and designer collections have grown in popularity, drawing fashion-conscious buyers looking for distinctive and fashionable socks that stand out. Such partnerships increase brand recognition and target specialised market sectors.

 

Table of Content

Global Socks Industry Research Report, 2020-2031.

  1. 1. Introduction
    1. Report description
    2. Key market segments
    3. Regional Scope
    4. Executive Summary
  2. 2. Research Methodology
    1. Secondary Research
    2. Primary Research
    3. Secondary Analyst Tools and Models
  3. 3. Market Dynamics
    1. Market driver analysis
    2. Market restraint analysis
    3. Market Opportunity   
    4. Market Challenges
    5. Impact analysis of COVID-19 on the Socks Industry
  4. 4. Market Variables and Outlook
    1. SWOT Analysis
      1. Strengths
      2. Weaknesses
      3. Opportunities
      4. Threats
    2. Supply Chain Analysis
    3. PESTEL Analysis
      1. Political Landscape
      2. Economic Landscape
      3. Social Landscape
      4. Technological Landscape
      5. Environmental Landscape
      6. Legal Landscape
    4. Porter’s Five Forces Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitute
      4. Threat of New Entrant
      5. Competitive Rivalry
  5. 5. Socks Industry: Type of Socks Estimates & Trend Analysis
    1. Socks Industry value share and forecast, (2020 to 2031)
    2. Incremental Growth Analysis and Infographic Presentation
    3. Athletic Socks
      1. Market Size & Forecast, 2020-2031
    4. Casual Socks
      1. Market Size & Forecast, 2020-2031
    5. Dress Socks
      1. Market Size & Forecast, 2020-2031
    6. Compression Socks
      1. Market Size & Forecast, 2020-2031
    7. Thermal Socks
      1. Market Size & Forecast, 2020-2031
    8. Ankle Socks
      1. Market Size & Forecast, 2020-2031
    9. Crew Socks
      1. Market Size & Forecast, 2020-2031
    10. Knee-High Socks
      1. Market Size & Forecast, 2020-2031
  6. 6. Socks Industry: Material Estimates & Trend Analysis
    1. Socks Industry value share and forecast, (2020 to 2031)
    2. Incremental Growth Analysis and Infographic Presentation
    3. Cotton
      1. Market Size & Forecast, 2020-2031
    4. Wool
      1. Market Size & Forecast, 2020-2031
    5. Nylon
      1. Market Size & Forecast, 2020-2031
    6. Polyester
      1. Market Size & Forecast, 2020-2031
    7. Acrylic
      1. Market Size & Forecast, 2020-2031
    8. Spandex
      1. Market Size & Forecast, 2020-2031
  7. 7. Socks Industry: End-User Size Estimates & Trend Analysis
    1. Socks Industry value share and forecast, (2020 to 2031)
    2. Incremental Growth Analysis and Infographic Presentation
    3. Men
      1. Market Size & Forecast, 2020-2031
    4. Women
      1. Market Size & Forecast, 2020-2031
    5. Children
      1. Market Size & Forecast, 2020-2031
  8. 8. Socks Industry: Distribution Channel Estimates & Trend Analysis
    1. Socks Industry value share and forecast, (2020 to 2031)
    2. Incremental Growth Analysis and Infographic Presentation
    3. Specialty Stores
      1. Market Size & Forecast, 2020-2031
    4. Department Stores
      1. Market Size & Forecast, 2020-2031
    5. Supermarkets
      1. Market Size & Forecast, 2020-2031
    6. Hypermarkets
      1. Market Size & Forecast, 2020-2031
    7. Online Retailers
      1. Market Size & Forecast, 2020-2031
    8. Direct-To-Consumer
      1. Market Size & Forecast, 2020-2031
  9. 9. Socks Industry: Regional Estimates & Trend Analysis
    1. Socks Industry value share and forecast, (2020 to 2031)
    2. Incremental Growth Analysis and Infographic Presentation
    3. North America
      1. Market Size & Forecast, 2020-2031
    4. Europe
      1. Market Size & Forecast, 2020-2031
    5. Asia Pacific
      1. Market Size & Forecast, 2020-2031
    6. Middle East & Africa
      1. Market Size & Forecast, 2020-2031
    7. Latin America
      1. Market Size & Forecast, 2020-2031
  10. 10. Socks Industry: Country Estimates & Trend Analysis
    1. Socks Industry value share and forecast, (2020 to 2031)
    2. Incremental Growth Analysis and Infographic Presentation
    3. U.S.
      1. Market Size & Forecast, 2020-2031
    4. Canada
      1. Market Size & Forecast, 2020-2031
    5. Mexico
      1. Market Size & Forecast, 2020-2031
    6. UK
      1. Market Size & Forecast, 2020-2031
    7. France
      1. Market Size & Forecast, 2020-2031
    8. Germany
      1. Market Size & Forecast, 2020-2031
    9. Russia
      1. Market Size & Forecast, 2020-2031
    10. Italy
      1. Market Size & Forecast, 2020-2031
    11. Spain
      1. Market Size & Forecast, 2020-2031
    12. China
      1. Market Size & Forecast, 2020-2031
    13. India
      1. Market Size & Forecast, 2020-2031
    14. Japan
      1. Market Size & Forecast, 2020-2031
    15. Indonesia
      1. Market Size & Forecast, 2020-2031
    16. South Korea
      1. Market Size & Forecast, 2020-2031
    17. Australia
      1. Market Size & Forecast, 2020-2031
    18. Brazil
      1. Market Size & Forecast, 2020-2031
    19. Argentina
      1. Market Size & Forecast, 2020-2031
    20. Saudi Arabia
      1. Market Size & Forecast, 2020-2031
    21. UAE
      1. Market Size & Forecast, 2020-2031
    22. South Africa
      1. Market Size & Forecast, 2020-2031
  11. 11. Competitive Landscape
    1. Company Market Share Analysis
    2. Vendor Landscape
    3. Competition Dashboard
  12. 12. Company Profiles
    1. Business Overview, Product Landscape, Financial Performanceand Company Strategies for below companies
    2.     Nike Inc.
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Geographic Footprint
      5. Strategic Initiatives
    3. Adidas AG
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Geographic Footprint
      5. Strategic Initiatives
    4. PUMA SE
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Geographic Footprint
      5. Strategic Initiatives
    5. Hanesbrands Inc.
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Geographic Footprint
      5. Strategic Initiatives
    6. Under Armour, Inc.
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Geographic Footprint
      5. Strategic Initiatives
    7. ASICS Corporation
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Geographic Footprint
      5. Strategic Initiatives
    8. Ralph Lauren Corporation
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Geographic Footprint
      5. Strategic Initiatives
    9. Lululemon Athletica Inc.
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Geographic Footprint
      5. Strategic Initiatives
    10. Skechers USA, Inc.
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Geographic Footprint
      5. Strategic Initiatives
    11. Falke Group
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Geographic Footprint
      5. Strategic Initiatives
    12. Jockey International, Inc.
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Geographic Footprint
      5. Strategic Initiatives
    13. Renfro Corporation
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Geographic Footprint
      5. Strategic Initiatives
    14. Drymax Sports
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Geographic Footprint
      5. Strategic Initiatives
    15. The Gap, Inc.
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Geographic Footprint
      5. Strategic Initiatives
    16. Berkshire Hathaway
      1. Company Overview
      2. Financial Performance
      3. Product Benchmarking
      4. Geographic Footprint
      5. Strategic Initiatives
  13. 13. Conclusion


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