Global Socks Market Size & Outlook
Global socks market, 2017-2030 (US$M)
Related Markets
Global socks market highlights
- The global socks market generated a revenue of USD 44,765.9 million in 2022 and is expected to reach USD 73,686.0 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 6.4% by 2030.
- In terms of segment, casual accounted for a revenue of USD 24,164.2 million in 2022.
- Athletic is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, Germany is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 44,765.9 million |
| Market revenue in 2030 | USD 73,686.0 million |
| Growth rate | 6.4% (CAGR from 2022 to 2030) |
| Largest segment | Casual |
| Fastest growing segment | Athletic |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Casual, Formal, Athletic |
Other key industry trends
- In terms of revenue, the North America accounted for 20.1% of the global socks market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Germany is the fastest growing regional market and is projected to reach USD 3,235.9 million by 2030.
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Socks Market Scope
Socks Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global socks market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to socks market will help companies and investors design strategic landscapes.
casual was the largest segment with a revenue share of 53.98% in 2022. Horizon Databook has segmented the Global socks market based on casual, formal, athletic covering the revenue growth of each sub-segment from 2017 to 2030.
Increasing number of people participating in sports has significantly boosted the sales of sportswear products including shoes and socks. With growing awareness about the harmful effects of obesity and to promote confidence and ensure disease free lifestyle, parents are more likely to keep their children involved in sports and other physical activities.
Increasing consumer awareness about the sport events such as FIFA World Cup, and Rio Olympic Games among others had a positive impact on the sports industry. Prominent players including Usain Bolt, Lionel Messi, and Cristiano Ronaldo have been encouraging many people to participate in sports, such as running, football, and futsal, among others.
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Target buyers of Global socks market databook
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Our clientele includes a mix of socks market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global socks market , including forecasts for subscribers. This global databook contains high-level insights into Global socks market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Global socks market statistics, by region, 2017-2030 (US$M)
Top 10 countries by Socks Market revenue, 2022 (USD Million)
Top 10 countries by Socks Market revenue, 2022 (USD Million)
Global socks market, by region, 2022 (US$M)
Related regional statistics
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