Socks Market Development Status, Top Manufacturers, And Forecasts 2029

Socks Market size was valued at US$ 50.68 Bn. in 2021 and the total revenue is expected to grow at a CAGR of 6.3% through 2022 to 2029, reaching nearly US$ 82.62 Bn.

Socks Market Overview :

The market overview of the Socks Market industry focuses on the detailed dynamics of the market, including aspects such as industry rivalry. The report provides comprehensive market revenue forecasts at the global, regional, segment, and national levels.

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Socks Market Report Scope and Research Methodology :

The research methodology employed in the report on the Socks market incorporates both primary and secondary research methods. Primary research involves data collection directly from the market via surveys, interviews, and observations. In contrast, secondary research entails gathering data from published sources, such as industry reports, company websites, and news articles.

The analysis provided in the report serves as a guide for stakeholders, investors, market players, and followers, as well as new entrants, by providing them with an overall view of the Socks market for formulating investment approaches and marketing tactics. The report utilizes a bottom-up approach to estimate the size of the Socks market, which involves aggregating data from individual segments to arrive at a total market size estimate.

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Socks Market Regional Insights :

The market is segmented by region into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Additionally, the report identifies the top countries in each region and provides market forecasts for each one.

Segmentation :

The sector is anticipated to benefit from how easily these products can be included into any look. A significant portion of consumers use casual socks comprised of polyester and nylon due to their comfort and accessibility through offline and online channels. Some of the most well-known manufacturers of casual socks include Mustang Socks & Accessories, Goodfellow & Co, Sock Talk, and Kane Socks Company. These are the primary factors that, between 2022 and 2029, will propel this segment's expansion in the global market.

The material nylon is durable, adaptable, and long-lasting. Socks made of nylon might be thin and smooth or bulky and extremely elastic. Often, nylon is combined with other fibres to increase stretch or increase tensile strength.

Products with patches and studs are slowly gaining favour among men's apparel. Growth in this market is anticipated to be fueled by men's acceptance of the products as accessories for casual and professional attire. Additionally, a rise in the number of grooming-related social videos on YouTube and Google+ is probably going to persuade people to spend money on expensive shoe accessories like socks.

Key Players :

• Adidas A.G.
• Nike Inc.
• Puma S.E.
• Renfro Corporation
• Asics Corporation
• THORLO, Inc.
• Balega
• Drymax Technologies Inc.
• Hanesbrands Inc
• Gildan Activewear Inc.
• Industria de Diseño Textil, S.A
• Jockey
• Mizuno
• Rawlings
• Salomon/ Amer Sports
• Under Armour, Inc.
• Bridgedale
• Delta Galil
• Darn Tough
• Camano
• Falke
• Seger
• Monnet

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Key questions answered in the Socks Market are:

• What is Socks?
• What are the factors driving the Socks Market growth?
• What are the factors are limiting the Socks Market growth?
• What was the Socks market size in 2021?
• Which trends are expected to generate additional revenue for the Socks market growth?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Socks Market?
• What growth strategies are the players considering to increase their foothold in the Socks Market?
• Who held the largest market share in the Socks Market?

Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022−2029
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation – A detailed analysis by segment with their sub-segments and Region

Competitive Landscape – Profiles of selected key players by region from a strategic perspective

• Competitive landscape – Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER’s analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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