India Socks Market Size & Outlook, 2024-2030
Related Markets
India socks market highlights
- The India socks market generated a revenue of USD 4,667.0 million in 2023 and is expected to reach USD 8,096.5 million by 2030.
- The India market is expected to grow at a CAGR of 8.4% from 2024 to 2030.
- In terms of segment, casual was the largest revenue generating product in 2023.
- Athletic is the most lucrative product segment registering the fastest growth during the forecast period.
Socks market data book summary
| Market revenue in 2023 | USD 4,667.0 million |
| Market revenue in 2030 | USD 8,096.5 million |
| Growth rate | 8.4% (CAGR from 2024 to 2030) |
| Largest segment | Casual |
| Fastest growing segment | Athletic |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 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, India accounted for 9.9% of the global socks market in 2023.
- 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.
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 |
|---|---|---|---|---|
| Drymax Socks | View profile | 11-50 | Paso Robles, California, United States, North America | https://www.drymaxsports.com |
| Jockey International | View profile | 5001-10000 | Kenosha, Wisconsin, United States, North America | http://www.jockey.com |
| Hanesbrands Inc | View profile | 48000 | 1000 East Hanes Mill Road, Winston-Salem, NC, United States, 27105 | https://www.hanes.com |
| ASICS Corp | View profile | 10406 | 1-1, Minatojima-Nakamachi 7-chome, Chuo-ku, Kobe, Japan, 650-8555 | http://www.asics.co.jp |
| Puma SE | View profile | 21164 | Puma Way 1, Herzogenaurach, BY, Germany, 91074 | https://www.puma.com |
| Adidas AG | View profile | 59030 | Adi-Dassler-Strasse 1, Herzogenaurach, BY, Germany, 91074 | https://www.adidas-group.com |
| Skechers USA Inc Class A | View profile | 17900 | 228 Manhattan Beach Boulevard, Manhattan Beach, CA, United States, 90266 | https://www.skechers.com |
| Nike Inc Class B | View profile | 83700 | One Bowerman Drive, Beaverton, OR, United States, 97005-6453 | https://www.nike.com |
| VF Corp | View profile | 33000 | 1551 Wewatta Street, Denver, CO, United States, 80202 | https://www.vfc.com |
| Under Armour Inc Class A | View profile | 14800 | 1020 Hull Street, Baltimore, MD, United States, 21230 | https://www.underarmour.com |
India 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 64.21% in 2023. Horizon Databook has segmented the India socks market based on casual, formal, athletic covering the revenue growth of each sub-segment from 2017 to 2030.
The increasing demand for the diabetic socks in India is accelerating the market growth over the last few years. For instance, according to WHO, in 2021, India ranks second after China in the global diabetes epidemic with 77 million people with diabetes, which is expected to grow significantly in upcoming years.
Moreover, innovations and investments by the leading players have led to the development of diabetic socks, which is designed to keep feet dry, enhance blood circulation, and decrease the risk of a foot injury. The socks are designed to address foot-related issues and improve foot health.
Cotton is the most preferred material when it comes to socks as they ensure maximum comfort and breathability. They are also immensely versatile. Players in the country have been expanding their product portfolios to gain consumer traction and market share.
Reasons to subscribe to India 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 India 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 country-level data and insights on the India socks market , including forecasts for subscribers. This country databook contains high-level insights into India socks market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
India Product - Socks Market size, 2023 - 2030 (US$M)
India Socks Market Outlook Share, 2023 & 2030 (US$M)
Related 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
