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 |
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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.
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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