China Socks Market Size & Outlook, 2022-2030
China socks market, 2017-2030 (US$M)
Related Markets
China socks market highlights
- The China socks market generated a revenue of USD 5,245.1 million in 2022 and is expected to reach USD 8,852.6 million by 2030.
- The China market is expected to grow at a CAGR of 6.8% 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.
Socks market data book summary
| Market revenue in 2022 | USD 5,245.1 million |
| Market revenue in 2030 | USD 8,852.6 million |
| Growth rate | 6.8% (CAGR from 2022 to 2030) |
| Largest segment | Casual |
| Fastest growing segment | Athletic |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 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, China accounted for 11.7% of the global socks market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China socks market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 8,096.5 million by 2030.
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Socks Market Scope
Socks Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China 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 61.38% in 2022. Horizon Databook has segmented the China socks market based on casual, formal, athletic covering the revenue growth of each sub-segment from 2017 to 2030.
The increasing needs for foot ulcer and infection treatments for diabetic patients makes them prefer to use diabetic socks under the prescriptions of doctors to protect their feet. This is expected to drive the demand for the socks market in the China.
The rising demand for and production of plain-knitted socks in the country is accelerating market growth. China is a major producer of all types of socks and is home to numerous local and international players. For instance, Haina Textile Technology Co Ltd specializes in making socks and has major export markets in Europe and North America.
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Target buyers of China 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 country-level data and insights on the China socks market , including forecasts for subscribers. This country databook contains high-level insights into China socks market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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China socks market size, by product, 2017-2030 (US$M)
China Socks Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
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