North America Socks Market Size & Outlook, 2022-2030
North America socks market, 2017-2030 (US$M)
Related Markets
North America socks market highlights
- The North America socks market generated a revenue of USD 8,996.6 million in 2022.
- The 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.
- Country-wise, U.S. is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 8,996.6 million |
| Market revenue in 2030 | USD 15,246.3 million |
| Growth rate | 6.8% (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, North America region accounted for 20.1% 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 |
|---|
North America 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 50.91% in 2022. Horizon Databook has segmented the North America socks market based on casual, formal, athletic covering the revenue growth of each sub-segment from 2017 to 2030.
In the past few years, socks have transitioned from commodities to fashion goods and apparel for orthopedic uses with the development of luxury and specific uses. Due to this traditional product’s development into a standard/luxury item, the socks market is expanding faster than the garment industry as a whole.
These provide a firm, comfortable compression fit to both legs and feet, lowering lactic acid buildup and promoting blood flow to other body portions. Plain knitting is a common technique for making socks because it makes the finished goods flatter and lighter than those made with other knit varieties. Plain knitted socks are used by people as formal wear.
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Target buyers of North America 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 North America socks market , including forecasts for subscribers. This continent databook contains high-level insights into North America socks market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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North America socks market size, by country, 2017-2030 (US$M)
North America Socks Market Outlook Share, 2022 & 2030 (US$M)
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