Global Socks Market to Reach $95.1 Billion by 2030
The global market for Socks estimated at US$52.2 Billion in the year 2022, is projected to reach a revised size of US$95.1 Billion by 2030, growing at a CAGR of 7.8% over the analysis period 2022-2030. Casual, one of the segments analyzed in the report, is projected to record 7.4% CAGR and reach US$50.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Formal segment is readjusted to a revised 7.9% CAGR for the next 8-year period.The U.S. Market is Estimated at $14.2 Billion, While China is Forecast to Grow at 12.8% CAGR
The Socks market in the U.S. is estimated at US$14.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$23 Billion by the year 2030 trailing a CAGR of 12.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4% and 6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.1% CAGR.Select Competitors (Total 223 Featured) -
- Adidas A.G.
- Asics Corporation
- Balega
- Drymax Technologies Inc.
- Hanesbrands Inc.
- Nike Inc.
- Puma S.E.
- Renfro Corporation
- THORLO, Inc.
- Under Armour, Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Adidas A.G.
- Asics Corporation
- Balega
- Drymax Technologies Inc.
- Hanesbrands Inc.
- Nike Inc.
- Puma S.E.
- Renfro Corporation
- THORLO, Inc.
- Under Armour, Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 184 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 52.2 Billion |
Forecasted Market Value ( USD | $ 95.1 Billion |
Compound Annual Growth Rate | 7.8% |
Regions Covered | Global |