Report ID: SQMIG25K2036
Report ID:
SQMIG25K2036 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
60 |
Figures:
75
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).
The market for women's socks has grown faster than the entire garment industry due to this traditional item becoming a standard/luxury product. The rapid growth of the retail network in developing nations like China, Brazil, and India is mostly to blame for the market growth. These nations' growing populations and disposable money are projected to continue to fuel the retail sector, which in turn is boosting the need for women's socks. Women's socks are a type of clothing that is worn to protect the ankle and a portion of the leg. Cotton, polyester, rubber, and nylon are among the several textiles used in the production of women's socks. The products are available in different lengths, colours, patterns, and designs, considering comfort and fashion. Wearing socks has a number of advantages, including preserving the health and relaxation of the feet. Additionally, many women around the world choose women's fuzzy socks when they want to look fashionable and protect their feet. Because of its attractiveness and the growing popularity of smart business casual in corporate settings, women's socks have seen an increase in demand in recent years. Furthermore, throughout the forecast period, demand for women's socks is projected to rise due to the rising smartphone penetration rate, adoption of expensive fashion labels, e-commerce, and social media platforms in developing and developed nations. Several makers of women's socks were driven to launch their cheaper product alternatives as a result of this circumstance.
US Women’s Socks Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG25K2036