Sports and Athletics Socks Market Size - By Product (Running Socks, Compression Socks, Ankle Socks, Crew Socks, Knee-High Socks), By Material (Cotton Socks, Synthetic Fiber Socks, Wool Socks, Blended Socks), By Soprts Category, By Gender, By Distribution

Sports and Athletics Socks Market Size - By Product (Running Socks, Compression Socks, Ankle Socks, Crew Socks, Knee-High Socks), By Material (Cotton Socks, Synthetic Fiber Socks, Wool Socks, Blended Socks), By Soprts Category, By Gender, By Distribution channel & Forecast, 2023 - 2032

Sports and Athletics Socks Market size is estimated to grow at 5.5% CAGR from 2023-2032 due to rising innovations in sock materials and construction techniques. The influx of moisture-wicking fabrics, cushioning technology, seamless designs, and other advancements have led to enhanced performance, comfort, and durability. The ongoing convergence of sports and fashion trends has compelled consumers to opt for stylish and branded athletic socks.

Furthermore, established brands are adopting franchising solutions to expand their physical presence while continuing to maintain their own physical stores. Additionally, industry competitors are concentrating on enabling consumers to experience direct-to-consumer brands at more venues, making it convenient for them to shop for their branded items. For instance, in February 2023, Balenzia, an Indian socks company, recently announced the establishment of its first franchisee in Mumbai.

The overall sports and athletics socks market is categorized by product, material, sports category, gender, distribution channel, and region.

With respect to product, the market value from the crew socks segment accounted for considerable revenue share in 2022 and is projected to record robust growth between 2023 and 2032. Crew socks have gained popularity among athletes and sports enthusiasts as they offer excellent support, stability, and comfort during high-impact activities. Additionally, the evolving fashion trends to match the rising consumer needs for everyday wear will contribute to the segment growth.

In terms of material, the sports and athletics socks industry size from the synthetic fiber socks segment is anticipated to witness high demand through 2032. Synthetic fibers, including polyester and nylon, offer exceptional moisture-wicking properties, durability, and support, leading to their popularity among athletes and sports enthusiasts. The durability of synthetic fiber socks also ensures longevity for frequent use. The demand for performance-enhancing apparel in the sports industry coupled with continuous advancements in synthetic fiber technology will further propel the segment expansion.