Asia Pacific Socks Market Size & Outlook, 2022-2030
Asia Pacific socks market, 2017-2030 (US$M)
Related Markets
Asia Pacific socks market highlights
- The Asia Pacific socks market generated a revenue of USD 16,765.0 million in 2022.
- The market is expected to grow at a CAGR of 7.4% from 2023 to 2030.
- In terms of segment, casual was the largest revenue generating product in 2022.
- Athletic is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2023 to 2030.
Asia Pacific data book summary
| Market revenue in 2022 | USD 16,765.0 million |
| Market revenue in 2030 | USD 29,682.9 million |
| Growth rate | 7.4% (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 |
| Key market players worldwide | Nike Inc Class B, Puma SE, Adidas AG, ASICS Corp, Skechers USA Inc Class A, Hanesbrands Inc, Under Armour Inc Class A, VF Corp, Jockey International, Drymax Socks |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 37.5% of the global socks market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 29,682.9 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Socks Market Scope
Socks Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific 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 61.77% in 2022. Horizon Databook has segmented the Asia Pacific socks market based on casual, formal, athletic covering the revenue growth of each sub-segment from 2017 to 2030.
Additionally, the increasing number of professional cricket leagues being introduced in India and Australia, including the Indian Premier League (IPL) and the Big Bash League (BBL), are projected to open new avenues for domestic players to expand their footprint in the socks market.
Plain knitting is a widely used method for sock manufacturing as it results in flatter and lighter products compared to other knitting types. The demand for light, comfortable, and fashionable plain-knit socks among consumers of all ages has been driving the growth of the market.
There is an increasing demand for cotton socks across Asia Pacific as they are made from natural fibers and provide warmth and comfort. Moreover, wearing cotton socks during exercise and outdoor activities has been shown to provide greater ventilation and result in lesser perspiration.
Reasons to subscribe to Asia Pacific socks market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Asia Pacific socks market databook
-
Our clientele includes a mix of socks market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 continent-level data and insights on the Asia Pacific socks market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific socks market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific socks market size, by country, 2017-2030 (US$M)
Asia Pacific Socks Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
