The latest report by IMARC Group, titled ‘Socks Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032,' offers a comprehensive analysis of the socks market growth. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.

The global socks market size reached US$ 2.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 4.3 Billion by 2032, exhibiting a growth rate (CAGR) of 4.45% during 2024-2032.

Socks are a ubiquitous clothing item, are typically knit or woven garments that cover the foot and often extend to the ankle or higher. Manufactured using a variety of materials such as cotton, wool, polyester, and nylon, the production process involves knitting machines or hand-knitting techniques. Their importance lies not only in providing warmth and comfort but also in offering protection and support to the feet, reducing the risk of blisters, abrasions, and fungal infections. The benefits of wearing socks extend beyond mere aesthetics, as they help regulate foot temperature, absorb moisture, and cushion the feet during prolonged activity.

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Market Trends:

The global market is primarily driven by the increasing emphasis on foot health and comfort, driving demand for socks with advanced features such as moisture-wicking properties, cushioned soles, and seamless designs. Additionally, the rising awareness about the importance of proper footwear for preventing foot ailments like blisters and fungal infections is stimulating market growth.

Moreover, the growing fashion industry's influence on sock trends, with a growing demand for stylish and novelty socks, is expanding the market further. Furthermore, continual technological advancements in sock manufacturing, including the use of innovative materials and production techniques, are enhancing product quality and performance, thus driving consumer interest is further driving market growth. In line with this, the rising popularity of eco-friendly and sustainable socks, reflecting consumers' increasing environmental consciousness is creating a positive market outlook.

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Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

• Adidas AG
• ASICS Corporation
• Drymax Technologies Inc.
• Hanesbrands Inc
• Implus Footcare LLC
• Nike Inc
• Puma SE
• Renfro Brands
• Thorlos
• Under Armour Inc

Explore Top Companies Blog by IMARC Group: https://www.imarcgroup.com/socks-manufacturing-companies

Socks Market Segmentation:

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)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

• Market Performance (2018-2023)
• Market Outlook (2024-2032)
• Porter’s Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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