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The global socks market size reached USD 49.80 billion in 2022. The market is further expected to grow at a CAGR of 6.0% in the forecast period of 2023-2028 to reach a value of USD 69.65 billion by 2028.
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Based on product, casual socks represent one of the leading segments in the industry. Although, the growing awareness regarding health and fitness among consumers is anticipated to drive the demand for athletic socks over the forecast period. The growing demand for premium shoes and sports accessories among adults and the growing establishment of health clubs are projected to further aid the growth of the segment.
Due to the growing prevalence of foot disorders among diabetic patients, the key players are heavily investing in the development of customisable diabetic socks. This is expected be a major trend in the global socks market. The various research papers published by the health care professionals on maintaining healthy foot to prevent such disorders among diabetic patients has influenced the manufacturers to launch this product. Region-wise, while North America held a significant share of the market in 2020, the Asia Pacific is expected to witness the fastest growth rate in the coming years.
Sock refers to a piece of clothing made from soft material to cover the foot or the lower part of the leg. It is generally knitted from cotton, wool, or nylon and is worn under shoes. They are available in various colours, size, and materials to suit the requirement of the customer.
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Based on the product, the socks market is divided into:
By material, the industry can be segmented into:
The industry is categorised on the basis of demographics into:
The major distribution channels for the product include:
The major regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The major factors contributing to the growth of the global socks market include rising disposable incomes, growing retail industry, increasing shift towards sports and athletic activities, and the growing importance of maintaining formal attire in corporate offices. The rising consumer awareness regarding hygiene and growing occurrences of foot disorders are also pushing the growth of the socks industry forward. The market growth is expected to be higher in the developing regions owing to the growing penetration of corporate offices, thus, creating enhanced growth opportunities for the formal socks market.
The report gives a detailed analysis of the following key players in the global socks market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
Base Year | 2022 |
Historical Period | 2018-2022 |
Forecast Period | 2023-2028 |
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 |
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Breakup by Material |
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Breakup by Demographics |
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Breakup by Distribution Channel |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Socks Market Analysis
8.1 Key Industry Highlights
8.2 Global Socks Historical Market (2018-2022)
8.3 Global Socks Market Forecast (2023-2028)
8.4 Global Socks Market by Product
8.4.1 Casual Socks
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Formal Socks
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Athletic Socks
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Speciality Socks
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.4.5 Others
8.5 Global Socks Market by Material
8.5.1 Nylon
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Cotton
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Polyester
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Wool
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Waterproof Breathable Membrane
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2022)
8.5.5.3 Forecast Trend (2023-2028)
8.5.6 Others
8.6 Global Socks Market by Demographics
8.6.1 Men
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Women
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Kids
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.7 Global Socks Market by Distribution Channel
8.7.1 Hypermarkets and Supermarkets
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2018-2022)
8.7.1.3 Forecast Trend (2023-2028)
8.7.2 Convenience Stores
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2018-2022)
8.7.2.3 Forecast Trend (2023-2028)
8.7.3 Online
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2018-2022)
8.7.3.3 Forecast Trend (2023-2028)
8.7.4 Retail Stores
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2018-2022)
8.7.4.3 Forecast Trend (2023-2028)
8.8 Global Socks Market by Region
8.8.1 North America
8.8.1.1 Market Share
8.8.1.2 Historical Trend (2018-2022)
8.8.1.3 Forecast Trend (2023-2028)
8.8.2 Europe
8.8.2.1 Market Share
8.8.2.2 Historical Trend (2018-2022)
8.8.2.3 Forecast Trend (2023-2028)
8.8.3 Asia Pacific
8.8.3.1 Market Share
8.8.3.2 Historical Trend (2018-2022)
8.8.3.3 Forecast Trend (2023-2028)
8.8.4 Latin America
8.8.4.1 Market Share
8.8.4.2 Historical Trend (2018-2022)
8.8.4.3 Forecast Trend (2023-2028)
8.8.5 Middle East and Africa
8.8.5.1 Market Share
8.8.5.2 Historical Trend (2018-2022)
8.8.5.3 Forecast Trend (2023-2028)
9 North America Socks Market Analysis
9.1 Market by Product
9.2 Market by Material
9.3 Market by Demographics
9.4 Market by Distribution Channel
9.5 Market by Country
9.5.1 United States of America
9.5.1.1 Market Share
9.5.1.2 Historical Trend (2018-2022)
9.5.1.3 Forecast Trend (2023-2028)
9.5.2 Canada
9.5.2.1 Market Share
9.5.2.2 Historical Trend (2018-2022)
9.5.2.3 Forecast Trend (2023-2028)
10 Europe Socks Market Analysis
10.1 Market by Product
10.2 Market by Material
10.3 Market by Demographics
10.4 Market by Distribution Channel
10.5 Market by Country
10.5.1 United Kingdom
10.5.1.1 Market Share
10.5.1.2 Historical Trend (2018-2022)
10.5.1.3 Forecast Trend (2023-2028)
10.5.2 Germany
10.5.2.1 Market Share
10.5.2.2 Historical Trend (2018-2022)
10.5.2.3 Forecast Trend (2023-2028)
10.5.3 France
10.5.3.1 Market Share
10.5.3.2 Historical Trend (2018-2022)
10.5.3.3 Forecast Trend (2023-2028)
10.5.4 Italy
10.5.4.1 Market Share
10.5.4.2 Historical Trend (2018-2022)
10.5.4.3 Forecast Trend (2023-2028)
10.5.5 Others
11 Asia Pacific Socks Market Analysis
11.1 Market by Product
11.2 Market by Material
11.3 Market by Demographics
11.4 Market by Distribution Channel
11.5 Market by Country
11.5.1 China
11.5.1.1 Market Share
11.5.1.2 Historical Trend (2018-2022)
11.5.1.3 Forecast Trend (2023-2028)
11.5.2 Japan
11.5.2.1 Market Share
11.5.2.2 Historical Trend (2018-2022)
11.5.2.3 Forecast Trend (2023-2028)
11.5.3 India
11.5.3.1 Market Share
11.5.3.2 Historical Trend (2018-2022)
11.5.3.3 Forecast Trend (2023-2028)
11.5.4 ASEAN
11.5.4.1 Market Share
11.5.4.2 Historical Trend (2018-2022)
11.5.4.3 Forecast Trend (2023-2028)
11.5.5 South Korea
11.5.5.1 Market Share
11.5.5.2 Historical Trend (2018-2022)
11.5.5.3 Forecast Trend (2023-2028)
11.5.6 Australia
11.5.6.1 Market Share
11.5.6.2 Historical Trend (2018-2022)
11.5.6.3 Forecast Trend (2023-2028)
11.5.7 Others
12 Latin America Socks Market Analysis
12.1 Market by Product
12.2 Market by Material
12.3 Market by Demographics
12.4 Market by Distribution Channel
12.5 Market by Country
12.5.1 Brazil
12.5.1.1 Market Share
12.5.1.2 Historical Trend (2018-2022)
12.5.1.3 Forecast Trend (2023-2028)
12.5.2 Argentina
12.5.2.1 Market Share
12.5.2.2 Historical Trend (2018-2022)
12.5.2.3 Forecast Trend (2023-2028)
12.5.3 Mexico
12.5.3.1 Market Share
12.5.3.2 Historical Trend (2018-2022)
12.5.3.3 Forecast Trend (2023-2028)
12.5.4 Others
13 Middle East and Africa Socks Market Analysis
13.1 Market by Product
13.2 Market by Material
13.3 Market by Demographics
13.4 Market by Distribution Channel
13.5 Market by Country
13.5.1 Saudi Arabia
13.5.1.1 Market Share
13.5.1.2 Historical Trend (2018-2022)
13.5.1.3 Forecast Trend (2023-2028)
13.5.2 United Arab Emirates
13.5.2.1 Market Share
13.5.2.2 Historical Trend (2018-2022)
13.5.2.3 Forecast Trend (2023-2028)
13.5.3 Nigeria
13.5.3.1 Market Share
13.5.3.2 Historical Trend (2018-2022)
13.5.3.3 Forecast Trend (2023-2028)
13.5.4 South Africa
13.5.4.1 Market Share
13.5.4.2 Historical Trend (2018-2022)
13.5.4.3 Forecast Trend (2023-2028)
13.5.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 The Sock Factory
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Nester Hosiery
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Golden Lady Company SpA
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Nike Inc
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Hanesbrands Inc.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Under Armour®, Inc.
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 PUMA SE
16.2.7.1 Company Overview
16.2.7.2 Product Portfolio
16.2.7.3 Demographic Reach and Achievements
16.2.7.4 Certifications
16.2.8 Strumpfwerk Lindner GmbH
16.2.8.1 Company Overview
16.2.8.2 Product Portfolio
16.2.8.3 Demographic Reach and Achievements
16.2.8.4 Certifications
16.2.9 Exceptio Ltd
16.2.9.1 Company Overview
16.2.9.2 Product Portfolio
16.2.9.3 Demographic Reach and Achievements
16.2.9.4 Certifications
16.2.10 HJ Hall Socks
16.2.10.1 Company Overview
16.2.10.2 Product Portfolio
16.2.10.3 Demographic Reach and Achievements
16.2.10.4 Certifications
16.2.11 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Socks Market: Key Industry Highlights, 2018 and 2028
2. Global Socks Historical Market: Breakup by Product (USD Million), 2018-2022
3. Global Socks Market Forecast: Breakup by Product (USD Million), 2023-2028
4. Global Socks Historical Market: Breakup by Material (USD Million), 2018-2022
5. Global Socks Market Forecast: Breakup by Material (USD Million), 2023-2028
6. Global Socks Historical Market: Breakup by Demographics (USD Million), 2018-2022
7. Global Socks Market Forecast: Breakup by Demographics (USD Million), 2023-2028
8. Global Socks Historical Market: Breakup by Distribution Channel (USD Million), 2018-2022
9. Global Socks Market Forecast: Breakup by Distribution Channel (USD Million), 2023-2028
10. Global Socks Historical Market: Breakup by Region (USD Million), 2018-2022
11. Global Socks Market Forecast: Breakup by Region (USD Million), 2023-2028
12. North America Socks Historical Market: Breakup by Country (USD Million), 2018-2022
13. North America Socks Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Europe Socks Historical Market: Breakup by Country (USD Million), 2018-2022
15. Europe Socks Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Asia Pacific Socks Historical Market: Breakup by Country (USD Million), 2018-2022
17. Asia Pacific Socks Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Latin America Socks Historical Market: Breakup by Country (USD Million), 2018-2022
19. Latin America Socks Market Forecast: Breakup by Country (USD Million), 2023-2028
20. Middle East and Africa Socks Historical Market: Breakup by Country (USD Million), 2018-2022
21. Middle East and Africa Socks Market Forecast: Breakup by Country (USD Million), 2023-2028
22. Global Socks Market Structure
In 2022, the global socks market attained a value of nearly USD 49.80 billion.
The market is projected to grow at a CAGR of 6.0% between 2023 and 2028.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach about USD 69.65 billion by 2028.
The major drivers of the market, such as rising disposable incomes, increasing population, increasing health awareness, rising demand from the developing regions, increasing prevalence of foot disorders amongst the diabetic population, and growing technological advancements, are expected to aid the market growth.
The key market trends guiding the growth of the socks market include the growing R&D activities and the launch of customisable diabetic socks.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major products available in the market include casual, formal, athletic, and specialty, among others.
Nylon, cotton, polyester, wool, and waterproof breathable membrane, among others, are the significant materials utilised for the product.
The major segments based on demographics in the industry include men, women, and kids.
The significant distribution channels of the product include hypermarkets and supermarkets, convenience stores, online, and retail stores.
The major players in the market are The Sock Factory, Nester Hosiery, Golden Lady Company SpA, Nike Inc, Hanesbrands Inc., Under Armour®, Inc., PUMA SE, Strumpfwerk Lindner GmbH, Exceptio Ltd, and HJ Hall Socks, among others.
The global socks market attained a value of USD 49.80 billion in 2022, driven by the growing demand for formal socks among white-collar professionals, a rise in sales of athletic shoes, and the growing demand from the emerging nations. Aided by the launch of customisable specialty socks, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 6.0%. The socks market is projected to reach USD 69.65 billion by 2028.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its products, the socks industry can be segmented into casual, formal, athletic, and specialty, among others. On the basis of material, the industry is divided into nylon, cotton, polyester, wool, and waterproof breathable membrane, among others. By gender, the industry is categorised into men, women, and kids. Based on distribution channels, the industry is fragmented into hypermarkets and supermarkets, convenience stores, online and, retail store, among others. The major regional markets for socks are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include The Sock Factory, Nester Hosiery, Golden Lady Company SpA, Nike Inc, Hanesbrands Inc., Under Armour®, Inc., PUMA SE, Strumpfwerk Lindner GmbH, Exceptio Ltd, and HJ Hall Socks, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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