U.S. Socks Market Size & Outlook, 2022-2030
U.S. socks market, 2017-2030 (US$M)
Related Markets
U.S. socks market highlights
- The U.S. socks market generated a revenue of USD 7,425.0 million in 2022 and is expected to reach USD 12,370.8 million by 2030.
- The U.S. market is expected to grow at a CAGR of 6.6% 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 7,425.0 million |
| Market revenue in 2030 | USD 12,370.8 million |
| Growth rate | 6.6% (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, U.S. accounted for 16.6% 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 North America, U.S. socks market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 12,370.8 million by 2030.
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Socks Market Scope
Socks Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
U.S. 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 50.99% in 2022. Horizon Databook has segmented the U.S. socks market based on casual, formal, athletic covering the revenue growth of each sub-segment from 2017 to 2030.
In U.S., manufacturers are investing in product innovation to address the growing prevalence of foot disorders among diabetic patients. Customizable diabetic socks can help provide patients with a comfortable and supportive option that can help prevent these disorders.
The use of Drymax Fiber Technology throughout the entire foot of the sock can help lift sweat off the skin and transfer it to the outer layer, which can help improve the environment inside the shoe and reduce the risk of foot infections.
For instance, Drymax Technologies unveiled two new pairs of diabetic socks under the AVAL brand in September 2022. The socks are intended to enhance the foot environment within the shoe. The entire foot of the diabetic sock is made of Drymax Fiber Technology.
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Target buyers of U.S. 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 U.S. socks market , including forecasts for subscribers. This country databook contains high-level insights into U.S. socks market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. socks market size, by product, 2017-2030 (US$M)
U.S. Socks Market Outlook Share, 2022 & 2030 (US$M)
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