Jul 29, 2021   SOURCE: BusinessWire

Global Socks Market Report and Forecast to 2026 - Featuring Adidas, Nike and Puma Among Others - ResearchAndMarkets.com

The "Global Socks Market Report and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.

According to this report the global socks market attained a value of USD 43.6 billion in 2020. Aided by the growing innovations in design, the market is projected to further grow at a CAGR of 6.3% between 2021 and 2026 to reach a value of USD 61.5 billion by 2026.

A sock is an item of clothing that covers the foot or the lower portion of the leg and is composed of soft material. It is usually made of cotton, wool, or nylon and worn with shoes. They come in a variety of colours, sizes, and materials to meet the needs of the consumer.

Rising disposable incomes, a growing retail industry, a growing trend toward sports and athletic activities, and the growing necessity of maintaining formal clothes in corporate workplaces are all contributing to the worldwide socks market's rise. The increased prevalence of foot illnesses, as well as expanding consumer awareness of hygiene, are propelling the socks business ahead. Because of the increasing presence of corporate offices in emerging nations, the formal socks market is likely to rise at a healthy rate.

Casual socks are one of the most popular product categories in the market, although throughout the projected period, consumers' increased awareness of health and fitness is expected to fuel demand for sports socks. Adults' increasing desire for quality shoes and sports equipment, as well as the expanding number of health clubs, are expected to boost the segment's growth. The leading companies are extensively investing in the development of customised diabetic socks due to the rising frequency of foot diseases among diabetes patients. In the worldwide socks market, this is projected to be a prominent trend.

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the key players in the industry.

Some of the major players in the market explored in the report are:

  • Adidas A.G.
  • Nike Inc.
  • Puma S.E.
  • Hanesbrands Inc.
  • Under Armour, Inc.
  • Others

Key Topics Covered:

1 Preface

2 Report Coverage - Key Segmentation and Scope

3 Report Description

3.1 Market Definition and Outlook

3.2 Properties and Applications

3.3 Market Analysis

3.4 Key Players

4 Key Assumptions

5 Executive Summary

5.1 Overview

5.2 Key Drivers

5.3 Key Developments

5.4 Competitive Structure

5.5 Key Industrial Trends

6 Snapshot

6.1 Global

6.2 Regional

7 Industry Opportunities and Challenges

8 Global Socks Market Analysis

8.1 Key Industry Highlights

8.2 Global Socks Historical Market (2016-2020)

8.3 Global Socks Market Forecast (2021-2026)

8.4 Global Socks Market by Product

8.5 Global Socks Market by Material

8.6 Global Socks Market by Demographics

8.7 Global Socks Market by Distribution Channel

8.8 Global Socks Market by Region

9 Regional Analysis

10 Market Dynamics

10.1 SWOT Analysis

10.1.1 Strengths

10.1.2 Weaknesses

10.1.3 Opportunities

10.1.4 Threats

10.2 Porter's Five Forces Analysis

10.2.1 Supplier's Power

10.2.2 Buyer's Power

10.2.3 Threat of New Entrants

10.2.4 Degree of Rivalry

10.2.5 Threat of Substitutes

10.3 EMR's Key Indicators for Demand

10.4 EMR's Key Indicators for Price

11 Value Chain Analysis

12 Competitive Landscape

12.1 Market Structure

12.2 Key Players

12.3 Company Profiles

13 Industry Events and Developments

For more information about this report visit https://www.researchandmarkets.com/r/qzncef