Global Socks Market Size, Trends, By Purpose (Athletic, Formal, Casual), By Length (Ankle Socks, Crew Socks, Knee-High Socks, Over-The-Knee Socks), By Material (Cotton, Wool, Nylon, Polyester, and Others), By Distribution Channel (Offline, Online), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa): Global Opportunity Analysis and Industry Forecast, 2023-2030.
Global Socks Market
The Global Socks Market was valued at US$ 44.52 Bn in 2022, estimated to reach US$ 68.85 Bn by 2030, with a CAGR of 5.46% from 2023-2030.
Socks are a type of clothing worn on the feet, typically covering the entire foot and ankle. They are made from a variety of materials such as cotton, wool, nylon, or synthetic blends. Socks come in various lengths, ranging from ankle socks to knee-highs, and are designed to fit snugly around the foot and calf without being too tight or constricting.
Socks serve several purposes, including providing cushioning and support for the feet, keeping the feet warm and dry, and protecting the feet from blisters and other types of injury. They can also be used to make a fashion statement, with patterns, colors, and designs that complement an outfit or express a personal style.
Market Drivers
The global market for socks is driven by fashion trends, increasing disposable incomes, and changing lifestyles. With fashion and personal style becoming increasingly important to consumers around the world, socks are no longer viewed solely as a functional item, but also as a statement piece that can be used to express individuality and complement an outfit. This has led to an increase in demand for socks with unique designs, patterns, and colors, as well as premium materials such as organic cotton and bamboo.
Additionally, the increase in physical activities such as running and hiking is leading to an increased demand for socks with specific features such as cushioning, moisture-wicking, and arch support. All of these factors are contributing to the growth of the global socks market.
Market Restraints
Primary restraints to the growth of the socks market are the increasing popularity of sandal-style footwear and the increasing competition from low-cost manufacturers. The rise of e-commerce platforms has made it easier for small and medium-sized players to enter the market, further intensifying competition.
Moreover, the environmental impact of socks, particularly those made from synthetic materials, is becoming a growing concern for consumers. As a result, there is an increasing demand for sustainable and eco-friendly materials, which may require significant investments in research and development by manufacturers.
Market Segmentation
The scope of the global socks market covers segmentation based on purpose, length, material, distribution channel, and region.
Based on purpose, the market is divided into athletic, formal, and casual. Based on the length, socks can be categorized into ankle socks, crew socks, knee-high socks, and over-the-knee socks. By material, the market can be segmented into cotton, wool, nylon, polyester, and others.
Further, the market can be segmented into distribution channels, such as offline and online.
Regional Analysis
The global socks market is segmented into 5 main regions, namely, North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Asia Pacific leads the global socks market, accounting for a significant share of the total market revenue. This can be attributed to the large population in the region, with countries like China, India, and Japan being major consumers of socks. Additionally, the rising disposable incomes in these countries have led to an increase in demand for premium socks made from high-quality materials.
Key Players
Nike, Adidas, Puma, Under Armour, Bombas, Jockey International Inc, Renfro Corporation, H&M, Hanesbrands Inc, Stance Inc, Lululemon Athletica, Happy Socks AB, etc.
Market Taxonomy
By Purpose
- Athletic
- Formal
- Casual
- Ankle Socks
- Crew Socks
- Knee-High Socks
- Over-The-Knee Socks
- Cotton
- Wool
- Nylon
- Polyester
- Others
- Offline
- Online
- North America
- U.S.
- Canada
- Mexico
- Latin America
- Brazil
- Argentina
- Colombia
- Peru
- Chile
- Venezuela
- Rest of Latin America
- Europe
- Germany
- France
- UK
- Russia
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- New Zealand
- Singapore
- Malaysia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of Middle East & Africa
- What are the key opportunities in the Global Socks Market?
- What will be the growth rate from 2023 to 2030?
- Which segment/region will have the highest growth?
- What are the factors that will impact/drive the market?
- What is the competitive landscape in the industry?
- What is the role of key players in the value chain?
- 1 Introduction
- 1.1 Objective of the Study
- 1.2 Market Definition
- 1.3 Market Scope
- 2 Research Methodology
- 2.1 Data Mining
- 2.2 Validation
- 2.3 Primary Interviews
- 2.4 List of Data Sources
- 3 Executive Summary
- 4 Global Socks Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.2.4 Cumulative Impact due to Recent Energy Crisis
- 4.2.5 Cumulative Impact due to Nearing Economic Downturn
- 4.2.6 Post Covid-19 World Supply & Demand Conditions
- 4.2.7 Cumulative Impact of Russia-Ukraine Conflict
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5 Global Socks Market, By Purpose
- 5.1 Y-o-Y Growth Comparison, By Purpose
- 5.2 Global Socks Market Share Analysis, By Purpose
- 5.3 Global Socks Market Size and Forecast, By Purpose
- 5.3.1 Athletic
- 5.3.2 Formal
- 5.3.3 Casual
- 6 Global Socks Market, By Length
- 6.1 Y-o-Y Growth Comparison, By Length
- 6.2 Global Socks Market Share Analysis, By Length
- 6.3 Global Socks Market Size and Forecast, By Length
- 6.3.1 Ankle Socks
- 6.3.2 Crew Socks
- 6.3.3 Knee-High Socks
- 6.3.4 Over-The-Knee Socks
- 7 Global Socks Market, By Material
- 7.1 Y-o-Y Growth Comparison, By Material
- 7.2 Global Socks Market Share Analysis, By Material
- 7.3 Global Socks Market Size and Forecast, By Material
- 7.3.1 Cotton
- 7.3.2 Wool
- 7.3.3 Nylon
- 7.3.4 Polyester
- 7.3.5 Others
- 8 Global Socks Market, By Distribution Channel
- 8.1 Y-o-Y Growth Comparison, By Distribution Channel
- 8.2 Global Socks Market Share Analysis, By Distribution Channel
- 8.3 Global Socks Market Size and Forecast, By Distribution Channel
- 8.3.1 Offline
- 8.3.2 Online
- 9 Global Socks Market, By Region
- 9.1 Global Socks Market Share Analysis, By Region
- 9.2 Global Socks Market Size and Forecast, By Region
- 9.3 Global Socks Market Trends and Forecast, By Region
- 10 North America Socks Market Analysis and Forecast (2023-2030)
- 10.1 Introduction
- 10.2 North America Socks Market Share Analysis, By Purpose
- 10.3 North America Socks Market Size and Forecast, By Length
- 10.4 North America Socks Market Size and Forecast, By Material
- 10.5 North America Socks Market Size and Forecast, By Distribution Channel
- 10.6 North America Socks Market Size and Forecast, By Country
- 10.6.1 U.S.
- 10.6.1.1 Market Size and Forecast, By Purpose
- 10.6.1.2 Market Size and Forecast, By Length
- 10.6.1.3 Market Size and Forecast, By Material
- 10.6.1.4 Market Size and Forecast, By Distribution Channel
- 10.6.2 Canada
- 10.6.2.1 Market Size and Forecast, By Purpose
- 10.6.2.2 Market Size and Forecast, By Length
- 10.6.2.3 Market Size and Forecast, By Material
- 10.6.2.4 Market Size and Forecast, By Distribution Channel
- 10.6.3 Mexico
- 10.6.3.1 Market Size and Forecast, By Purpose
- 10.6.3.2 Market Size and Forecast, By Length
- 10.6.3.3 Market Size and Forecast, By Material
- 10.6.3.4 Market Size and Forecast, By Distribution Channel
- 11 Europe Socks Market Analysis and Forecast (2023-2030)
- 11.1 Introduction
- 11.2 Europe Socks Market Share Analysis, By Purpose
- 11.3 Europe Socks Market Size and Forecast, By Length
- 11.4 Europe Socks Market Size and Forecast, By Material
- 11.5 Europe Socks Market Size and Forecast, By Distribution Channel
- 11.6 Europe Socks Market Size and Forecast, By Country
- 11.6.1 Germany
- 11.6.1.1 Market Size and Forecast, By Purpose
- 11.6.1.2 Market Size and Forecast, By Length
- 11.6.1.3 Market Size and Forecast, By Material
- 11.6.1.4 Market Size and Forecast, By Distribution Channel
- 11.6.2 France
- 11.6.2.1 Market Size and Forecast, By Purpose
- 11.6.2.2 Market Size and Forecast, By Length
- 11.6.2.3 Market Size and Forecast, By Material
- 11.6.2.4 Market Size and Forecast, By Distribution Channel
- 11.6.3 UK
- 11.6.3.1 Market Size and Forecast, By Purpose
- 11.6.3.2 Market Size and Forecast, By Length
- 11.6.3.3 Market Size and Forecast, By Material
- 11.6.3.4 Market Size and Forecast, By Distribution Channel
- 11.6.4 Russia
- 11.6.4.1 Market Size and Forecast, By Purpose
- 11.6.4.2 Market Size and Forecast, By Length
- 11.6.4.3 Market Size and Forecast, By Material
- 11.6.4.4 Market Size and Forecast, By Distribution Channel
- 11.6.5 Italy
- 11.6.5.1 Market Size and Forecast, By Purpose
- 11.6.5.2 Market Size and Forecast, By Length
- 11.6.5.3 Market Size and Forecast, By Material
- 11.6.5.4 Market Size and Forecast, By Distribution Channel
- 11.6.6 Spain
- 11.6.6.1 Market Size and Forecast, By Purpose
- 11.6.6.2 Market Size and Forecast, By Length
- 11.6.6.3 Market Size and Forecast, By Material
- 11.6.6.4 Market Size and Forecast, By Distribution Channel
- 11.6.7 Rest of Europe
- 11.6.7.1 Market Size and Forecast, By Purpose
- 11.6.7.2 Market Size and Forecast, By Length
- 11.6.7.3 Market Size and Forecast, By Material
- 11.6.7.4 Market Size and Forecast, By Distribution Channel
- 12 Asia Pacific Socks Market Analysis and Forecast (2023-2030)
- 12.1 Introduction
- 12.2 Asia Pacific Socks Market Share Analysis, By Purpose
- 12.3 Asia Pacific Socks Market Size and Forecast, By Length
- 12.4 Asia Pacific Socks Market Size and Forecast, By Material
- 12.5 Asia Pacific Socks Market Size and Forecast, By Distribution Channel
- 12.6 Asia Pacific Socks Market Size and Forecast, By Country
- 12.6.1 China
- 12.6.1.1 Market Size and Forecast, By Purpose
- 12.6.1.2 Market Size and Forecast, By Length
- 12.6.1.3 Market Size and Forecast, By Material
- 12.6.1.4 Market Size and Forecast, By Distribution Channel
- 12.6.2 Japan
- 12.6.2.1 Market Size and Forecast, By Purpose
- 12.6.2.2 Market Size and Forecast, By Length
- 12.6.2.3 Market Size and Forecast, By Material
- 12.6.2.4 Market Size and Forecast, By Distribution Channel
- 12.6.3 India
- 12.6.3.1 Market Size and Forecast, By Purpose
- 12.6.3.2 Market Size and Forecast, By Length
- 12.6.3.3 Market Size and Forecast, By Material
- 12.6.3.4 Market Size and Forecast, By Distribution Channel
- 12.6.4 South Korea
- 12.6.4.1 Market Size and Forecast, By Purpose
- 12.6.4.2 Market Size and Forecast, By Length
- 12.6.4.3 Market Size and Forecast, By Material
- 12.6.4.4 Market Size and Forecast, By Distribution Channel
- 12.6.5 Australia
- 12.6.5.1 Market Size and Forecast, By Purpose
- 12.6.5.2 Market Size and Forecast, By Length
- 12.6.5.3 Market Size and Forecast, By Material
- 12.6.5.4 Market Size and Forecast, By Distribution Channel
- 12.6.6 New Zealand
- 12.6.6.1 Market Size and Forecast, By Purpose
- 12.6.6.2 Market Size and Forecast, By Length
- 12.6.6.3 Market Size and Forecast, By Material
- 12.6.6.4 Market Size and Forecast, By Distribution Channel
- 12.6.7 Singapore
- 12.6.7.1 Market Size and Forecast, By Purpose
- 12.6.7.2 Market Size and Forecast, By Length
- 12.6.7.3 Market Size and Forecast, By Material
- 12.6.7.4 Market Size and Forecast, By Distribution Channel
- 12.6.8 Malaysia
- 12.6.8.1 Market Size and Forecast, By Purpose
- 12.6.8.2 Market Size and Forecast, By Length
- 12.6.8.3 Market Size and Forecast, By Material
- 12.6.8.4 Market Size and Forecast, By Distribution Channel
- 12.6.9 Rest of Asia
- 12.6.9.1 Market Size and Forecast, By Purpose
- 12.6.9.2 Market Size and Forecast, By Length
- 12.6.9.3 Market Size and Forecast, By Material
- 12.6.9.4 Market Size and Forecast, By Distribution Channel
- 13 Latin America Socks Market Analysis and Forecast (2023-2030)
- 13.1 Introduction
- 13.2 Latin America Socks Market Share Analysis, By Purpose
- 13.3 Latin America Socks Market Size and Forecast, By Length
- 13.4 Latin America Socks Market Size and Forecast, By Material
- 13.5 Latin America Socks Market Size and Forecast, By Distribution Channel
- 13.6 Latin America Socks Market Size and Forecast, By Country
- 13.6.1 Brazil
- 13.6.1.1 Market Size and Forecast, By Purpose
- 13.6.1.2 Market Size and Forecast, By Length
- 13.6.1.3 Market Size and Forecast, By Material
- 13.6.1.4 Market Size and Forecast, By Distribution Channel
- 13.6.2 Argentina
- 13.6.2.1 Market Size and Forecast, By Purpose
- 13.6.2.2 Market Size and Forecast, By Length
- 13.6.2.3 Market Size and Forecast, By Material
- 13.6.2.4 Market Size and Forecast, By Distribution Channel
- 13.6.3 Colombia
- 13.6.3.1 Market Size and Forecast, By Purpose
- 13.6.3.2 Market Size and Forecast, By Length
- 13.6.3.3 Market Size and Forecast, By Material
- 13.6.3.4 Market Size and Forecast, By Distribution Channel
- 13.6.4 Peru
- 13.6.4.1 Market Size and Forecast, By Purpose
- 13.6.4.2 Market Size and Forecast, By Length
- 13.6.4.3 Market Size and Forecast, By Material
- 13.6.4.4 Market Size and Forecast, By Distribution Channel
- 13.6.5 Chile
- 13.6.5.1 Market Size and Forecast, By Purpose
- 13.6.5.2 Market Size and Forecast, By Length
- 13.6.5.3 Market Size and Forecast, By Material
- 13.6.5.4 Market Size and Forecast, By Distribution Channel
- 13.6.6 Venezuela
- 13.6.6.1 Market Size and Forecast, By Purpose
- 13.6.6.2 Market Size and Forecast, By Length
- 13.6.6.3 Market Size and Forecast, By Material
- 13.6.6.4 Market Size and Forecast, By Distribution Channel
- 13.6.7 Rest of Latin America
- 13.6.7.1 Market Size and Forecast, By Purpose
- 13.6.7.2 Market Size and Forecast, By Length
- 13.6.7.3 Market Size and Forecast, By Material
- 13.6.7.4 Market Size and Forecast, By Distribution Channel
- 14 Middle East Socks Market Analysis and Forecast (2023-2030)
- 14.1 Introduction
- 14.2 Middle East Socks Market Share Analysis, By Purpose
- 14.3 Middle East Socks Market Size and Forecast, By Length
- 14.4 Middle East Socks Market Size and Forecast, By Material
- 14.5 Middle East Socks Market Size and Forecast, By Distribution Channel
- 14.6 Middle East Socks Market Size and Forecast, By Country
- 14.6.1 Saudi Arabia
- 14.6.1.1 Market Size and Forecast, By Purpose
- 14.6.1.2 Market Size and Forecast, By Length
- 14.6.1.3 Market Size and Forecast, By Material
- 14.6.1.4 Market Size and Forecast, By Distribution Channel
- 14.6.2 UAE
- 14.6.2.1 Market Size and Forecast, By Purpose
- 14.6.2.2 Market Size and Forecast, By Length
- 14.6.2.3 Market Size and Forecast, By Material
- 14.6.2.4 Market Size and Forecast, By Distribution Channel
- 14.6.3 Egypt
- 14.6.3.1 Market Size and Forecast, By Purpose
- 14.6.3.2 Market Size and Forecast, By Length
- 14.6.3.3 Market Size and Forecast, By Material
- 14.6.3.4 Market Size and Forecast, By Distribution Channel
- 14.6.4 Kuwait
- 14.6.4.1 Market Size and Forecast, By Purpose
- 14.6.4.2 Market Size and Forecast, By Length
- 14.6.4.3 Market Size and Forecast, By Material
- 14.6.4.4 Market Size and Forecast, By Distribution Channel
- 14.6.5 South Africa
- 14.6.5.1 Market Size and Forecast, By Purpose
- 14.6.5.2 Market Size and Forecast, By Length
- 14.6.5.3 Market Size and Forecast, By Material
- 14.6.5.4 Market Size and Forecast, By Distribution Channel
- 14.6.6 Rest of Middle East & Africa
- 14.6.6.1 Market Size and Forecast, By Purpose
- 14.6.6.2 Market Size and Forecast, By Length
- 14.6.6.3 Market Size and Forecast, By Material
- 14.6.6.4 Market Size and Forecast, By Distribution Channel
- 15 Competitive Analysis
- 15.1 Competition Dashboard
- 15.2 Market share Analysis of Top Vendors
- 15.3 Key Development Strategies
- 16 Company Profiles
- 16.1 Nike
- 16.1.2 Offerings
- 16.1.3 Key Financials
- 16.1.4 Business Segment & Geographic Overview
- 16.1.5 Key Market Developments
- 16.1.6 Key Strategies
- 16.2 Adidas
- 16.2.1 Overview
- 16.2.2 Offerings
- 16.2.3 Key Financials
- 16.2.4 Business Segment & Geographic Overview
- 16.2.5 Key Market Developments
- 16.2.6 Key Strategies
- 16.3 Puma
- 16.3.1 Overview
- 16.3.2 Offerings
- 16.3.3 Key Financials
- 16.3.4 Business Segment & Geographic Overview
- 16.3.5 Key Market Developments
- 16.3.6 Key Strategies
- 16.4 Under Armour
- 16.4.1 Overview
- 16.4.1 Overview
- 16.4.2 Offerings
- 16.4.3 Key Financials
- 16.4.4 Business Segment & Geographic Overview
- 16.4.5 Key Market Developments
- 16.4.6 Key Strategies
- 16.5 Bombas
- 16.5.1 Overview
- 16.5.2 Offerings
- 16.5.3 Key Financials
- 16.5.4 Business Segment & Geographic Overview
- 16.5.5 Key Market Developments
- 16.5.6 Key Strategies
- 16.6 Jockey International Inc
- 16.6.1 Overview
- 16.6.2 Offerings
- 16.6.3 Key Financials
- 16.6.4 Business Segment & Geographic Overview
- 16.6.5 Key Market Developments
- 16.6.6 Key Strategies
- 16.7 Renfro Corporation
- 16.7.1 Overview
- 16.7.2 Offerings
- 16.7.3 Key Financials
- 16.7.4 Business Segment & Geographic Overview
- 16.7.5 Key Market Developments
- 16.7.6 Key Strategies
- 16.8 H&M
- 16.8.1 Overview
- 16.8.2 Offerings
- 16.8.3 Key Financials
- 16.8.4 Business Segment & Geographic Overview
- 16.8.5 Key Market Developments
- 16.8.6 Key Strategies
- 16.9 Hanesbrands Inc
- 16.9.1 Overview
- 16.9.2 Offerings
- 16.9.3 Key Financials
- 16.9.4 Business Segment & Geographic Overview
- 16.9.5 Key Market Developments
- 16.9.6 Key Strategies
- 16.10 Stance Inc
- 16.10.1 Overview
- 16.10.2 Offerings
- 16.10.3 Key Financials
- 16.10.4 Business Segment & Geographic Overview
- 16.10.5 Key Market Developments
- 16.10.6 Key Strategies
- 16.11 Lululemon Athletica
- 16.11.1 Overview
- 16.11.2 Offerings
- 16.11.3 Key Financials
- 16.11.4 Business Segment & Geographic Overview
- 16.11.5 Key Market Developments
- 16.11.6 Key Strategies
- 16.12 Happy Socks AB
- 16.12.1 Overview
- 16.12.2 Offerings
- 16.12.3 Key Financials
- 16.12.4 Business Segment & Geographic Overview
- 16.12.5 Key Market Developments
- 16.12.6 Key Strategies
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