Latest News- Socks Market: Offline is expected to lead the Distribution Channel segment during 2025-2029

The Socks Market is being driven by Rising demand for specialized socks products

The Socks Market is expected to grow at a CAGR of 6% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 18084 million. Millennial parents, known for their tech-savvy nature, are increasingly incorporating smart technology into their nurseries to enhance childcare and maintain work-life balance. This new trend transforms nurseries into connected data centers, enabling real-time monitoring of infant needs. Millennials, who are accustomed to tracking various aspects of their daily lives through apps and wearable devices, find this technology particularly appealing. From fitness and sleep cycles to diets and work habits, they are no strangers to leveraging technology for improved efficiency and convenience. Thus, the adoption of smart baby technology is a natural progression for this generation, catering to their unique lifestyle requirements. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Distribution Channel
  • Offline
  • Online
• Product
  • Plain knitted
  • Rib knitted
  • Terry knitted
• Type
  • Casual socks
  • Athletic
• Material
  • Cotton
  • Nylon
  • Wool
• Geography
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • North America
    • US
  • South America
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Rising demand for specialized socks products
• Product innovation and advancement leading to portfolio extension
• Growing compulsion and preference for specific socks for a specific purpose

However, the market also witnesses some limitations, which are as follows:

• Rising demand for synthetic or manmade fibers due to low prices
• Highly fragmented and unorganized market
• Changes in trade policies

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Market Scope in Socks Market Research Report

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Research Analysis Overview

The Socks Market encompasses various features such as compression levels, ventilation zones, sock liners, footwear compatibility, proprietary fabric blends, sock construction methods, seamless toe designs, targeted cushioning, reinforced stress points, odor control technologies, sock lifespan, sock care instructions, and sizing charts. Brands differentiate themselves through brand loyalty, customer reviews, price points, sock subscription services, retail partnerships, marketing and advertising, social media marketing, influencer marketing, sock trends forecasts, foot health research, foot biomechanics, and sports medicine. Other factors include sock materials, moisture-wicking properties, arch support, and heel cushioning.

Market Research Overview

The ankle support sock market is a significant segment within the expansive global apparel, accessories, and luxury goods industry. This sector encompasses businesses specializing in the production and distribution of textiles, apparel, and luxury goods, including those offering rental services, excluding footwear manufacturers. Key trends in this market include advanced technologies such as compression, moisture-wicking fabrics, seamless construction, and breathable materials with anti-microbial treatment. The market's growth is driven by the increasing working women population, leading to increased disposable income and consumer spending on apparel, accessories, and luxury goods. Technavio projects that this market will continue to expand due to these factors.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/