Authored By: Sarah
17 Jul 2023

Global Socks Market is forecasted to grow by USD 15,051.43 million through 2023-2027

The Global Socks Market is forecasted to grow by USD 15,051.43 million between 2022 and 2027 accelerating at a CAGR of 5.62%.

Silipos Arthritis/Diabetic gel socks, launched by Silipos, one of the key market players operating in the gel socks segment, protect the feet from callus formation and ulcerations. The socks are made of natural rubber latex, 80% acrylic, 19% nylon, and 1% spandex and it costs only USD 21.75. Get a comprehensive report summary describing the market landscape of the Global Socks Market in our data-backed report that captures the growth trajectory segment-wise of the market.

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Socks Market at a Glance

Navigating through the growth drivers of the Global Sock Market  it has been observed that 

  • Professional socks, footcare socks, and an increase in the sales volumes of sports shoes are fueling the market expansion of the global sock market.
  • The entry of the socks industry entering the healthcare industry is also catalyzing market growth as socks enable the relaxation of muscles, eliminate odor-causing bacteria, improve comfort, and swelling, and keep feet warm to improve blood circulation. Socks are used by diabetic patients to prevent injury and reduce sensitivity and irritation.

Key Market Players in the Global Sock Market include Adidas AG, ASICS Corp.Drew Brady and Co Ltd., Drymax Technologies Inc., FALKE KGaA, Glen Clyde Co., Ltd., Hanesbrands Inc., Implus Footcare LLC, Jockey International Inc.

For Instance, the well-known brand Nike Inc. offers socks such as training ankle socks and training crew socks. The footwear segment offers footwear for football, basketball, running, swimming, tennis, driving, cricket, and other sports.

Our report includes qualitative and quantitative analyses of vendors with a wider understanding of the business ecosystem. Order a free sample report today.

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerating at a CAGR of 5.62%.

  2. What is the incremental growth of the market?
    The market is expected to grow by USD 15,051.43 through 2023-2027.

  3. What is a key factor driving this market?
    Rising demand for specialized socks products will drive market growth over the forecast period.

  4. What are the key regions covered in this market research report?
    APAC, Europe, North America, South America, and the Middle East and Africa are the key regions featured in this research report.

  5. Which is the leading geographic region for this market:
    32% growth will originate from APAC

  6. What are the market segments covered in this report?
    The market is segmented by Distribution Channel (Offline and Online), Product (Plain-knitted, Rib-knitted, and Terry-knitted), and Geography (APAC, Europe, North America, South America, and the Middle East and, Africa
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