Dublin, Feb. 10, 2021 (GLOBE NEWSWIRE) -- The "Global Socks Market By Type (Athletic Socks, Casual Socks, Formal Socks), By Material (Nylon, Cotton, Woolen, Polyester, Others),By Distribution Channel (Hypermarket & Supermarket, Online, Others), By End User, By Company, By Region, Forecast & Opportunities, 2026" report has been added to ResearchAndMarkets.com's offering.
The Global Socks Market is expected to grow at an impressive rate during the forecast period. The Global Socks Market is driven by the increasing working population. Additionally, the acceptance of socks as a part of essential accessory with different attires is further expected to propel the market through 2026. Furthermore, growing need to maintain healthy foot especially in athletes, gym professional and diabetes patients to prevent the prevalence of foot disorders is expected to spur the market growth over the next few years.
The Global Socks Market is segmented based on type, material, distribution channel, end-user, company and region. Based on type, the market can be fragmented into athletic socks, casual socks and formal socks. The athletic socks segment is expected to dominate the market on account of the increasing preference among the athletes and gym professionals to protect from blisters. Based on distribution channel, the market can be fragmented into hypermarket & supermarket, convenience store, online and others. The online segment is expected to register the highest growth in the market during the forecast period. This can be ascribed to the numerous benefits of online shopping such as easy production selection, affordability, option to compare products & prices, doorstep delivery, among others.
Regionally, the Global Socks Market has been segmented into various regions including Asia-Pacific, North America, South America, Europe, and Middle East & Africa. Among these regions, Asia Pacific is expected to register significant growth in the overall socks market owing to the owing to the increasing sports leagues and sports events such as Pro Kabaddi League, IPL, among others.
The major players operating in the socks market are Nike Inc., Puma S.E., Adidas A.G., Asics Corporation, Renfro Corporation, THORLO, Inc., Hanesbrands Inc., Balega, Drymax Technologies Inc, Under Armour, Inc. and others. Major companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.
Years considered for this report:
- Historical Years: 2016-2019
- Base Year: 2020
- Estimated Year: 2021
- Forecast Period: 2022-2026
Objective of the Study:
- To analyze and estimate the market size of the Global Socks Market from 2016 to 2019.
- To estimate and forecast the market size of the Global Socks Market from 2020 to 2026 and growth rate until 2026.
- To classify and forecast the Global Socks Market based on type, material, distribution channel, end-user, company and regional distribution.
- To identify dominant region or segment in the Global Socks Market.
- To identify drivers and challenges for the Global Socks Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Global Socks Market.
- To identify and analyze the profile of leading players operating in the Global Socks Market.
- To identify key sustainable strategies adopted by market players in the Global Socks Market.
The publisher performed both primary as well as exhaustive secondary research for this study. Initially, the publisher sourced a list of socks manufacturers across the globe. Subsequently, the publisher conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the publisher could include the manufacturers which could not be identified due to the limitations of secondary research. The publisher analyzed the socks manufacturers, distribution channels and presence of all major players across the globe.
The publisher calculated the market size of the Global Socks Market using a bottom-up approach, wherein the data for various end-user segments was recorded and forecast for the future years. The publisher sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.
Key Target Audience:
- Socks manufacturers/suppliers/distributors
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to socks
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end-users, etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.
Key Topics Covered:
1. Product Overview
2. Research Methodology
3. Impact of COVID-19 on Global Socks Market
4. Executive Summary
5. Voice of Customer
6. Global Socks Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Type (Athletic Socks, Casual Socks, Formal Socks)
6.2.2. By Material (Nylon, Cotton, Woolen, Polyester, Others)
6.2.3. By Distribution Channel (Hypermarket & Supermarket, Convenience Store, Online, Others)
6.2.4. By End User (Men, Women, Children)
6.2.5. By Company (2020)
6.2.6. By Region
6.3. Product Market Map
7. Asia-Pacific Socks Market Outlook
7.1. Market Size & Forecast
7.2. Market Share & Forecast
7.3. Asia-Pacific: Country Analysis
8. Europe Socks Market Outlook
8.1. Market Size & Forecast
8.2. Market Share & Forecast
8.3. Europe: Country Analysis
9. North America Socks Market Outlook
9.1. Market Size & Forecast
9.2. Market Share & Forecast
9.3. North America: Country Analysis
10. South America Socks Market Outlook
10.1. Market Size & Forecast
10.2. Market Share & Forecast
10.3. South America: Country Analysis
11. Middle East and Africa Socks Market Outlook
11.1. Market Size & Forecast
11.2. Market Share & Forecast
11.3. MEA: Country Analysis
12. Market Dynamics
12.1. Drivers
12.2. Challenges
13. Market Trends & Developments
14. Competitive Landscape
14.1. Nike Inc.
14.2. Puma S.E.
14.3. Adidas A.G.
14.4. Asics Corporation
14.5. Renfro Corporation
14.6. THORLO, Inc.
14.7. Hanesbrands Inc.
14.8. Balega International LLC
14.9. Drymax Technologies Inc
14.10. Under Armour, Inc.
15. Strategic Recommendations
16. About the Publisher & Disclaimer
For more information about this report visit https://www.researchandmarkets.com/r/7rdx0z