Global Women’s Socks Market

Women’s Socks Market Size, Share, Growth Analysis, By Fibber Outlook(Cotton, Polyester and Other), By Distribution Channels(Online and Offline), By Region - Industry Forecast 2024-2031

Report ID: SQMIG25K2036 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 60 | Figures: 75

Women’s Socks Market Regional Insights

Europe dominated the global market in 2022. The market's revenue mostly comes from economically advanced countries like Germany, the U.K., and France. Three major variables are anticipated to have an impact on the market's growth: financially independent women, an increase in per capita income, and shifting fashion trends.

Asia Pacific is anticipated to experience the fastest CAGR of between 2023 and 2030. China and India have significantly aided the market's growth. The region is seeing extremely high demand for clothing as a result of its fastest-growing population and rising disposable income. Due to the low cost of labour and easy accessibility of raw resources, many multinational corporations are increasing their presence in this region, which will result in a higher percentage of working women.

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Women’s Socks Market size was valued at USD 17 billion in 2021 and is poised to grow from USD 17.82 billion in 2022 to USD 25.92 billion by 2030, growing at a CAGR of 4.8% in the forecast period (2023-2030).

Several well-established firms as well as numerous small and medium-sized players, are present in the industry, which defines it. Manufacturers are putting much effort into new product introductions to keep up with consumers' evolving expectations around fashion. Women's socks are now available in 150 distinct styles on the websites of United Legwear & Apparel Co., LLC. In order to extend the longevity of the product, vendors are also attempting to develop novel preservation strategies. The largest number of celebrity endorsements by well-known companies has significantly influenced the market's growth. 'Nike, Inc.', 'Adidas AG', 'Under Armour, Inc.', 'Hanesbrands Inc.', 'Puma SE', 'ASICS Corporation', 'VF Corporation', 'Falke KGaA', 'Renfro Corporation', 'Wigwam Mills Inc.', 'Stance Inc.', 'Balega LLC', 'Bombas LLC', 'Smartwool Corporation', 'Gold Toe Brands Inc.', 'Jockey International Inc.', 'SOCKSADDICT.com', 'Pantherella International Group Limited', 'Happy Socks AB', 'Darn Tough Vermont'

As fashion trends continue to evolve, socks are no longer just an accessory but an integral part of an outfit. Consumers are looking for socks that provide comfort and complement their overall style. sock manufacturers are introducing new designs and materials that offer both comfort and style. For example, seamless socks that reduce friction and irritation are becoming increasingly popular. Socks made from soft, breathable materials such as cotton, bamboo, and wool are also in high demand, as they provide the necessary comfort and insulation without sacrificing style.

Compression socks are becoming increasingly popular among women, particularly those who participate in sports or have circulation problems. Compression socks apply pressure to the legs, ankles, and feet, which helps to improve circulation and reduce swelling, fatigue, and soreness. They are especially beneficial for runners, cyclists, and other athletes who require improved muscle blood flow during exercise. Compression socks are also becoming more fashionable. Manufacturers are offering a wide range of styles, colors, and patterns to cater to the growing demand for compression socks that are both functional and stylish. Many compression socks are designed to look like regular socks, making them easy to wear with a variety of outfits.

Europe dominated the market in 2022. The market's revenue mostly comes from economically advanced countries like Germany, the U.K., and France. Three major variables are anticipated to have an impact on the market's growth: financially independent women, an increase in per capita income, and shifting fashion trends.

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Global Women’s Socks Market

Report ID: SQMIG25K2036

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