Market Dynamics The market is driven by factors such as the rising demand for specialized socks products, growing importance of maintaining formal attire in corporate offices, and the awareness regarding hygiene and growing occurrences of foot disorders. However, the lack of awareness regarding the availability of different types of socks in emerging economies is hindering market growth.
Company Profiles Some of the companies covered in this report are adidas AG, ASICS Corp., Drymax Technologies Inc., Hanesbrands Inc., Jockey International Inc., Nike Inc., PUMA SE, Ralph Lauren Corp., THORLO Inc., and Under Armour Inc. Etc.
Some Companies Mentioned with Key offerings
Adidas AG - : The company offers a variety of socks under the brand name Stan Smith, Milano 16, and more.
ASICS Corp. - The company offers a variety of socks such as cotton crew, 3PK, and more.
Drymax Technologies Inc.- The company offers a variety of socks under the brand name Hyper Thin.
Competitive Analysis The report includes the competitive analysis, a proprietary tool to analyze and evaluate the position of companies based on their industry position score and market performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
By Distribution Channel, the market is classified into Offline and Online. The socks market share growth by the offline segment has been significant.
By Geography, the market is classified as APAC, Europe, North America, South America, and MEA. APAC will have the largest share of the market.
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Socks Market Scope
Growth momentum & CAGR
Decelerate at a CAGR of 6.41%
Market growth 2021-2025
USD 14.98 billion
YoY growth (%)
APAC, Europe, North America, South America, and MEA
Performing market contribution
APAC at 44%
Key consumer countries
China, Turkey, US, UK, and Germany
Leading companies, competitive strategies, consumer engagement scope
adidas AG, ASICS Corp., Drymax Technologies Inc., Hanesbrands Inc., Jockey International Inc., Nike Inc., PUMA SE, Ralph Lauren Corp., THORLO Inc., and Under Armour Inc.
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 the forecast period
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