The Singapore socks market was valued at USD 12.12 Million in 2024. The industry is expected to grow at a CAGR of 6.10% during the forecast period of 2025-2034 to attain a valuation of USD 21.91 Million by 2034.
Base Year
Historical Period
Forecast Period
In 2022, consumer spending in Singapore reached $139.34 billion, marking an 11.53% rise compared to the previous year.
The National Sports Participation Survey revealed that 74% of the 4,500 respondents aged 13 and above engaged in sports activities at least once a week.
The total number of e-commerce users in Singapore in 2022 amounted to 3.51 million.
| Singapore Socks Market Report Summary | Description | Value |
| Base Year | USD Million | 2024 |
| Historical Period | USD Million | 2018-2024 |
| Forecast Period | USD Million | 2025-2034 |
| Market Size 2024 | USD Million | 12.12 |
| Market Size 2034 | USD Million | 21.91 |
| CAGR 2018-2024 | Percentage | XX% |
| CAGR 2025-2034 | Percentage | 6.10% |
| CAGR 2025-2034 - Market by Product Type | Athletic Socks | 7.0% |
| CAGR 2025-2034 - Market by Distribution Channel | Online Channels | 11.0% |
| 2024 Market Share by Distribution Channel | Online Channels | 12.1% |
The increase in sock purchases in Singapore can be attributed to the rising focus on physical health and wellness among the population. As per the 2022 National Sport Participation Survey, 73% of teenagers between 13 and 19 years old stated that they engage in sports and physical activities, primarily for the sake of their physical well-being. A data spanning from 2020 to 2022 from the same survey indicated a rise in the number of young individuals participating in activities like weightlifting, circuit training, and calisthenics. A larger portion of the population is now actively involved in various physical pursuits, such as running, gym sessions, yoga, and team sports. Consequently, there has been an increased demand for performance socks that provide comfort, support, and longevity.
The increase in online shopping has had a significant impact on the demand for socks. Online stores are available 24/7, making it convenient for consumers to buy socks whenever they need them. The convenience of having socks delivered directly to one's door eliminates the need to visit physical stores, leading to more frequent purchases. In 2022, the gross merchandise volume of the Singaporean eCommerce market reached US$8.2 billion, with projections indicating a rise to US$11 billion by 2025. Major eCommerce product categories include fashion, food, cosmetics and personal care, and toys. E-commerce platforms offer a wide variety of sock styles, colours, materials, and brands, often more extensive than physical stores. Consumers can easily find specialised socks, such as athletic, compression, or eco-friendly options, on online channels to meet their specific needs and preferences.
“Singapore Socks Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type:
Market Breakup by Material Type:
Market Breakup by Demographics:
Market Breakup by Distribution Channel:
| CAGR 2025-2034 - Market by | Product Type |
| Athletic Socks | 7.0% |
| Casual Socks | 6.5% |
| Formal Socks | XX% |
| Specialty Socks | XX% |
| Others | XX% |
| CAGR 2025-2034 - Market by | Distribution Channel |
| Online Channels | 11.0% |
| Hypermarkets/Supermarkets | 6.5% |
| Convenience Stores | XX% |
| Others | XX% |
Based on the distribution channel, the market is segmented into hypermarkets/supermarkets, convenience stores, and online channels, among others. Online channels are projected to grow at a CAGR of 11.0% during the forecast period of 2025-2034.The ease of online shopping allows consumers to discover and purchase a diverse range of sock options from the comfort of their own homes.
| 2024 Market Share by | Distribution Channel |
| Hypermarkets/Supermarkets | XX% |
| Convenience Stores | XX% |
| Online Channels | 12.1% |
| Others | XX% |
Major players are focusing on product innovation and ethical production practices to gain a competitive edge in the market.
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The market is estimated to grow at a CAGR of 6.10% between 2025 and 2034.
The market is being driven by rising disposable incomes, increasing spending on consumer goods, and rising health and fitness activities.
The key trends aiding the market expansion include the growth of online sales channels, increasing social media marketing, and rising recreational and outdoor activities.
The different distribution channels of socks include hypermarkets/supermarkets, convenience stores, and online channels, among others.
The major players in the market are Nike, Inc., Adidas AG, Puma SE, New Balance Athletics, Inc., YONEX Co., Ltd., Li-Ning Studio LLP, and Under Armour, Inc., among others.
In 2024, the market attained a value of nearly USD 12.12 Million.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach about USD 21.91 Million by 2034.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product Type |
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| Breakup by Material Type |
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| Breakup by Demographics |
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| Breakup by Distribution Channel |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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