Germany Socks Market Size & Outlook, 2022-2030
Germany socks market, 2017-2030 (US$M)
Related Markets
Germany socks market highlights
- The Germany socks market generated a revenue of USD 2,184.4 million in 2022 and is expected to reach USD 3,235.9 million by 2030.
- The Germany market is expected to grow at a CAGR of 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.
Socks market data book summary
| Market revenue in 2022 | USD 2,184.4 million |
| Market revenue in 2030 | USD 3,235.9 million |
| Growth rate | 5% (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, Germany accounted for 4.9% 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 Europe, Germany socks market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 2,891.0 million by 2030.
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Socks Market Scope
Socks Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany 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 47.82% in 2022. Horizon Databook has segmented the Germany socks market based on casual, formal, athletic covering the revenue growth of each sub-segment from 2017 to 2030.
Due to the country's climate, where these types of wool socks also serve as thermal socks by providing warmth, the demand for rib-knitted socks is anticipated to increase significantly over the course of the forecast period.
Encouraged by high demand for diabetic socks, several startups have been venturing into the market with innovative product offerings to attract a large number of customers. For instance, Diabetic Sock Diasoft by Lindner AG is made completely without rubber threads with a proven technology that has application in the manufacture of hosiery suitable for diabetic patients.
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Target buyers of Germany 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 Germany socks market , including forecasts for subscribers. This country databook contains high-level insights into Germany socks market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Germany socks market size, by product, 2017-2030 (US$M)
Germany Socks Market Outlook Share, 2022 & 2030 (US$M)
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