Waterproof Socks Market Share, Size, Trends, Industry Analysis Report, By Product Type (Mid-Calf Length Socks, Ankle Length Socks, Knee Length Socks, and Calf Length Socks); By Application; By Consumer Orientation; By Sales Channel; By Distribution Channel; By Region; Segment Forecast, 2023 – 2032
The global waterproof socks market size is expected to reach USD 43.57 million by 2032, according to a new study by Polaris Market Research. The report “Waterproof Socks Market Share, Size, Trends, Industry Analysis Report, By Product Type (Lid-Calf Length Socks, Ankle Length Socks, Knee Length Socks, and Calf Length Socks); By Application; By Consumer Orientation; By Sales Channel; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The substantial increase in the number of outdoor enthusiasts becoming more discerning and prioritizing high-performance gear and rising consciousness towards specialized equipment helps enhance the overall experience, driving global market growth. In addition, the exponential growth of adventure tourism and outdoor activities all over the world, such as trekking and mountain biking, has led to a significant increase in the demand for waterproof socks, as tourists and outdoor enthusiasts require suitable gear to make their experiences enjoyable and safer.
For instance, according to our findings, the number of people engaged in adventure tourism globally in 2022 stood at around 200 million, and only in North America does the number stand at approx. 70 million.
As environmental concerns continue to rise globally, there is an increasing interest in sustainable and eco-friendly products; thereby, some of the leading product manufacturers are focusing on the development of waterproof socks using environmentally friendly materials and production processes that help them to stay competitive in the market and attracting eco-conscious consumers from all over the world.
Waterproof socks are not just functional now and are gaining huge traction as fashionable equipment among young people. Thus, companies are focusing on designing waterproof socks with stylish and trendy designs, which could attract consumers who want to keep their feet dry while looking good and cater to both performance and style-conscious customers.
Waterproof Socks Market Report Highlights
The mid-calf length socks segment accounted for a noteworthy market share, mainly due to its growing adoption by individuals engaging in outdoor and recreational activities
The water sports segment held the largest market, which is largely attributable to the emergence of water sports as adventure activities and surging participation in water sports
The male waterproof socks segment led the market with a significant share, owing to the rise in the male population participating in adventurous activities, including hiking and trekking.
The online retailers segment will grow at the highest pace, mainly attributed to the growing popularity of online shopping platforms due to its numerous advantageous properties
Asia Pacific dominated the global market with a substantial share on account of increasing disposable income, allowing them to spend more on outdoor activities
The key market players include Neo Sport, Okamoto Corporation, Recreational Equipment, Rocky Brands, Northern Diver, and Stance
Polaris Market Research has segmented the waterproof socks market report based on product type, application, consumer orientation, sales channel, and region:
Waterproof Socks, Product Type Outlook (Revenue - USD Million, 2019 - 2032)
Mid-Calf Length Socks
Ankle Length Socks
Knee Length Socks
Calf Length Socks
Waterproof Socks, Application Outlook (Revenue - USD Million, 2019 - 2032)
Cycling
Water Sports
Trekking
Snow Sports
Outdoor
Others
Waterproof Socks, Consumer Orientation Outlook (Revenue - USD Million, 2019 - 2032)
Male Waterproof Socks
Female Waterproof Socks
Unisex Waterproof Socks
Waterproof Socks, Sales Channel Outlook (Revenue - USD Million, 2019 - 2032)
Supermarkets & Hypermarkets
Specialty Stores
Online Retailers
Others
Waterproof Socks, Regional Outlook (Revenue - USD Million, 2019 - 2032)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa