UK Socks Market Size & Outlook, 2024-2030
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UK socks market highlights
- The UK socks market generated a revenue of USD 1,907.3 million in 2023 and is expected to reach USD 2,891.0 million by 2030.
- The UK market is expected to grow at a CAGR of 6.3% 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 1,907.3 million |
| Market revenue in 2030 | USD 2,891.0 million |
| Growth rate | 6.3% (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, UK accounted for 4.1% 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 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 |
|---|---|---|---|---|
| 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 |
UK 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 50.58% in 2023. Horizon Databook has segmented the UK socks market based on casual, formal, athletic covering the revenue growth of each sub-segment from 2017 to 2030.
Many new players can opt to manufacture a wide range of fabric patterns. Such strategies are intended to build a strong brand reputation while achieving product differentiation.
For instance, in November 2022, sock subscription retailer Sock Geeks introduced its newest promotion. In the U.K., the reputable online retailer is offering its most recent collections as part of a 12-month sock subscription.
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Target buyers of UK 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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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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Horizon Databook provides a detailed overview of country-level data and insights on the UK socks market , including forecasts for subscribers. This country databook contains high-level insights into UK socks market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
UK Product - Socks Market size, 2023 - 2030 (US$M)
UK Socks Market Outlook Share, 2023 & 2030 (US$M)
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