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Frequently Asked Questions:
- Based on segmentation by Application, which is the leading segment in the market?
The nonmedical application segment held the largest market share in 2021.
- At what YOY is the market projected to grow in 2022?
The market is anticipated to witness a YOY growth of 4.94% in 2022.
- What is the market vendor landscape like?
The gel socks market is fragmented.
- Which market is considered as the parent market?
Technavio categorizes the global gel socks market as a part of the global personal products market.
- How big is the Europe market?
31% of the growth will originate from Europe
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Gel Socks Market Competitive Landscape
- The market is fragmented, and the degree of fragmentation will accelerate during the forecast period.
- Armstrong Amerika, Bath Accessories Company, Dr. Frederick's Original, Earth Therapeutics, EMILYSTORES XIAMEN ZHAOTAI INDURSTIAL CORP., LINDO PRODUCTS, Miss Spa, Pedder Johnson, Pinkiou Inc., PolyGel LLC, Shenzhen Phenitech Technology Co. Ltd, Silipos Holding LLC, Upper Canada Soap, XIAMEN ZHAOTAI INDUSTRIAL CORP, and ZenToes are some of the major market participants.
- Vendors are emphasizing on building innovative technology for developing products to sustain in the competitive market. They are also focusing on building brands and brand equity in the market to differentiate themselves from other competing brands.
- For instance, Armstrong Amerika offers foot care products and braces. The company offers moisturizing heels for socks cracked heel treatment.
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Gel Socks Market Revenue-generating Segment Highlights
- Application
- Non Medical: The non-medical application segment held the largest gel socks market share in 2021. The segment will continue to account for the highest revenue during the projected period. The growth of this segment can be attributed to the increasing number of vendors launching innovative products to cater to the rising demand.
- Medical
- Geography
- Europe: 31% of the market's growth will originate from Europe during the forecast period. Germany and UK are the key markets for gel socks in Europe. Market growth in this region will be faster than the growth of the market in South America. The increasing demand for natural products and rising awareness about essential organic products will facilitate the gel socks market growth in Europe over the forecast period.
- APAC
- North America
- South America
- Middle East And Africa
- Distribution Channel
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Gel Socks Market Scope
Technavio categorizes the global gel socks market as a part of the global personal products market. Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The gel socks market report covers the following areas:
Gel Socks Market Takeaways
- CAGR of the market during the forecast period 2022-2026
- Detailed information on factors that will assist gel socks market growth during the next five years
- Estimation of the gel socks market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the gel socks market across Europe, APAC, North America, South America, and Middle East and Africa
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of gel socks market vendors
Related Reports:
Waterproof Socks Market by Product and Geography - Forecast and Analysis 2022-2026
Socks Market by Distribution Channel and Geography - Forecast and Analysis 2021-2025
Gel Socks Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.68% |
Market growth 2022-2026 |
$ 188.48 million |
Market structure |
Fragmented |
YoY growth (%) |
4.94 |
Regional analysis |
Europe, APAC, North America, South America, and Middle East and Africa |
Performing market contribution |
Europe at 31% |
Key consumer countries |
US, China, India, Germany, UK, US, China, India, Germany, UK, US, China, India, Germany, UK, US, China, India, Germany, and UK |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Armstrong Amerika, Bath Accessories Company, Dr. Frederick's Original, Earth Therapeutics, EMILYSTORES XIAMEN ZHAOTAI INDURSTIAL CORP., LINDO PRODUCTS, Miss Spa, Pedder Johnson, Pinkiou Inc., PolyGel LLC, Shenzhen Phenitech Technology Co. Ltd, Silipos Holding LLC, Upper Canada Soap, XIAMEN ZHAOTAI INDUSTRIAL CORP, and ZenToes |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period, |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
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