The latest report by IMARC Group, titled “Socks Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on socks industry size. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global socks market size reached US$ 2.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.8 Billion by 2028, exhibiting a growth rate (CAGR) of 5.1% during 2023-2028.

What are socks?

Socks are an essential part of an individual’s daily wardrobe. These garments, typically worn on the feet, are available in a wide variety of styles, lengths, and materials, catering to different activities, preferences, and fashion trends. They are designed to provide comfort, warmth, and style to the wearer's feet. Socks serve both functional and fashion purposes, acting as a protective barrier between the feet and footwear while also allowing individuals to express their personal style through various colors, patterns, and designs. Beyond their functional benefits, socks have become a fashion statement, allowing individuals to express their personal style and enhance their overall look. Moreover, athletic socks designed for sports and physical activities, offering cushioning, arch support, and moisture-wicking properties, are also gaining widespread popularity.

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What are the growth prospects and trends in the socks industry?

The market is primarily driven by the increasing emphasis on foot health and comfort. Individuals are recognizing the importance of proper foot care and are actively seeking socks that offer features such as arch support, moisture-wicking properties, and cushioning to enhance overall comfort and prevent foot-related issues. Additionally, the fashion-forward approach to socks has gained traction, with individuals using them as a means of self-expression and style statement. Unique and trendy designs, including vibrant colors, patterns, and themed collections, have become popular among consumers seeking to add a touch of individuality to their outfits. Furthermore, the athleisure trend, characterized by the fusion of athletic and casual wear, has contributed to the growth of the socks market. As people embrace more active lifestyles, the demand for performance-oriented socks designed for specific sports or activities, such as running, hiking, and cycling, has propelled on the global level. The advent of sustainable and eco-friendly materials in the production of socks is another significant factor influencing the growth of the market.

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Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

  • Adidas AG
  • ASICS Corporation
  • Drymax Technologies Inc.
  • Hanesbrands Inc
  • Implus Footcare LLC
  • Nike Inc
  • Puma SE
  • Renfro Brands
  • Thorlos
  • Under Armour Inc

Socks Market Segmentation:

Our report has categorized the market based on region, product, material, application and distribution channel.

Breakup by Product:

  • Casual
  • Formal
  • Athletic
  • Others

Breakup Material:

  • Nylon
  • Cotton
  • Polyester
  • Wool
  • Waterproof Breathable Membrane
  • Others

 Breakup by Application:

  • Men
  • Women
  • Children

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Online Stores
  • Others

Breakup by Region:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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