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Global Socks Market Share, Size, Trends, Growth, Analysis: By Product: Casual Socks, Formal Socks, Athletic Socks, Speciality Socks , Others; By Material: Nylon, Cotton, Polyester, Wool, Waterproof Breathable Membrane, Others; By Demographics: Men, Women, Kids; By Distribution Channel; Regional Analysis; Competitive Landscape; 2023-2028

Global Socks Market Outlook

The global socks market size reached nearly USD 49.33 billion in 2022. The market is further expected to grow at a CAGR of 6.4% in the forecast period of 2023-2028 to reach a value of approximately USD 71.57 billion by 2028.

 

Socks Market

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Rising Demand for Specialised Socks Products is Propelling the Global Socks Market Growth

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.

 

Socks: Market Segmentation

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.

 

Globall Socks Market by Segment

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Based on the product, the socks market is divided into:

  • Casual 
  • Formal 
  • Athletic 
  • Specialty 
  • Others

By material, the industry can be segmented into:

  • Nylon
  • Cotton
  • Polyester
  • Wool
  • Waterproof Breathable Membrane
  • Others

The industry is categorised on the basis of demographics into:

  • Men
  • Women
  • Kids

The major distribution channels for the product include:

  • Hypermarket and Supermarket
  • Convenience store
  • Online
  • Retail Store

The major regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Socks Market by Region

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Growing Hygiene Awareness to Bolster the Socks Market Growth

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.

 

Key Industry Players in the Global 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 Sock Factory
  • Nester Hosiery
  • Golden Lady Company SpA
  • Nike Inc
  • Hanesbrands Inc.
  • Under Armour®, Inc.
  • PUMA SE
  • Strumpfwerk Lindner GmbH
  • Exceptio Ltd
  • HJ Hall Socks
  • Others

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.

 

Key Highlights of the Report

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:

  • Product
  • Material
  • Demographics
  • Distribution Channel
  • Region
Breakup by Product
  • Casual Socks
  • Formal Socks
  • Athletic Socks
  • Speciality Socks
  • Others
Breakup by Material
  • Nylon
  • Cotton
  • Polyester
  • Wool
  • Waterproof Breathable Membrane
  • Others
Breakup by Demographics
  • Men
  • Women
  • Kids
Breakup by Distribution Channel
  • Hypermarkets and Supermarkets
  • Convenience Stores
  • Online
  • Retail Stores
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • The Sock Factory
  • Nester Hosiery
  • Golden Lady Company SpA
  • Nike Inc
  • Hanesbrands Inc.
  • Under Armour®, Inc.
  • PUMA SE
  • Strumpfwerk Lindner GmbH
  • Exceptio Ltd
  • HJ Hall Socks
  • Others

 

*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

Key Questions Answered in the Report

In 2022, the global socks market attained a value of nearly USD 49.33 billion.

The market is projected to grow at a CAGR of 6.4% between 2023 and 2028.

The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach about USD 71.57 billion by 2028.   

The major drivers of the industry, 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 industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The major products available in the industry 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 industry 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.

Analyst Review

The global socks market attained a value of USD 49.33 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 6.4%. The socks market is projected to reach USD 71.57 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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