Europe Socks Market Size & Outlook, 2022-2030
Europe socks market, 2017-2030 (US$M)
Related Markets
Europe socks market highlights
- The Europe socks market generated a revenue of USD 13,233.5 million in 2022.
- The market is expected to grow at a CAGR of 5.5% 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, UK is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 13,233.5 million |
| Market revenue in 2030 | USD 20,380.7 million |
| Growth rate | 5.5% (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, Europe region accounted for 29.6% 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.
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Socks Market Scope
Socks Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe 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 47.4% in 2022. Horizon Databook has segmented the Europe socks market based on casual, formal, athletic covering the revenue growth of each sub-segment from 2017 to 2030.
The production of plain-knit socks for workplaces, sporting events, and casual wear is increasing, which is promoting the growth of the socks market in Europe. The performance of small- and medium-sized market participants is anticipated to significantly improve in the near future.
Furthermore, key players offer designer & customized socks of different types such as no-show, ankle length, knee-length, and others. They prefer online as well as offline distribution channels for sales to control their expenditures and increase product visibility.
For instance, Adidas launched solid crewlength socks in November 2022 throughout all factory outlets, showrooms, and its website. Crew-length socks from Adidas have vibrant colors, a striking design, and ribbed cuffs for added comfort.
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Target buyers of Europe 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 continent-level data and insights on the Europe socks market , including forecasts for subscribers. This continent databook contains high-level insights into Europe socks market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Europe socks market size, by country, 2017-2030 (US$M)
Europe Socks Market Outlook Share, 2022 & 2030 (US$M)
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