Global Women’s Socks Market

Global Women’s Socks Market Size, Share, Growth Analysis, By Fibber Outlook(Cotton, Polyester and Other), By Distribution Channels(Online and Offline) - Industry Forecast 2024-2031


Report ID: SQMIG25K2036 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 60 | Figures: 75

Global Women’s Socks Market Insights

Women’s Socks Market size was valued at USD 17 billion in 2021 and is poised to grow from USD 17.82 billion in 2022 to USD 25.92 billion by 2030, growing at a CAGR of 4.8% in the forecast period (2023-2030).

The market for women's socks has grown faster than the entire garment industry due to this traditional item becoming a standard/luxury product. The rapid growth of the retail network in developing nations like China, Brazil, and India is mostly to blame for the market growth. These nations' growing populations and disposable money are projected to continue to fuel the retail sector, which in turn is boosting the need for women's socks. Women's socks are a type of clothing that is worn to protect the ankle and a portion of the leg. Cotton, polyester, rubber, and nylon are among the several textiles used in the production of women's socks. The products are available in different lengths, colours, patterns, and designs, considering comfort and fashion. Wearing socks has a number of advantages, including preserving the health and relaxation of the feet. Additionally, many women around the world choose women's fuzzy socks when they want to look fashionable and protect their feet. Because of its attractiveness and the growing popularity of smart business casual in corporate settings, women's socks have seen an increase in demand in recent years. Furthermore, throughout the forecast period, demand for women's socks is projected to rise due to the rising smartphone penetration rate, adoption of expensive fashion labels, e-commerce, and social media platforms in developing and developed nations. Several makers of women's socks were driven to launch their cheaper product alternatives as a result of this circumstance.

US Women’s Socks Market  is poised to grow at a sustainable CAGR for the next forecast year.

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Women’s Socks Market size was valued at USD 17 billion in 2021 and is poised to grow from USD 17.82 billion in 2022 to USD 25.92 billion by 2030, growing at a CAGR of 4.8% in the forecast period (2023-2030).

Several well-established firms as well as numerous small and medium-sized players, are present in the industry, which defines it. Manufacturers are putting much effort into new product introductions to keep up with consumers' evolving expectations around fashion. Women's socks are now available in 150 distinct styles on the websites of United Legwear & Apparel Co., LLC. In order to extend the longevity of the product, vendors are also attempting to develop novel preservation strategies. The largest number of celebrity endorsements by well-known companies has significantly influenced the market's growth. 'Nike, Inc.', 'Adidas AG', 'Under Armour, Inc.', 'Hanesbrands Inc.', 'Puma SE', 'ASICS Corporation', 'VF Corporation', 'Falke KGaA', 'Renfro Corporation', 'Wigwam Mills Inc.', 'Stance Inc.', 'Balega LLC', 'Bombas LLC', 'Smartwool Corporation', 'Gold Toe Brands Inc.', 'Jockey International Inc.', 'SOCKSADDICT.com', 'Pantherella International Group Limited', 'Happy Socks AB', 'Darn Tough Vermont'

As fashion trends continue to evolve, socks are no longer just an accessory but an integral part of an outfit. Consumers are looking for socks that provide comfort and complement their overall style. sock manufacturers are introducing new designs and materials that offer both comfort and style. For example, seamless socks that reduce friction and irritation are becoming increasingly popular. Socks made from soft, breathable materials such as cotton, bamboo, and wool are also in high demand, as they provide the necessary comfort and insulation without sacrificing style.

Compression socks are becoming increasingly popular among women, particularly those who participate in sports or have circulation problems. Compression socks apply pressure to the legs, ankles, and feet, which helps to improve circulation and reduce swelling, fatigue, and soreness. They are especially beneficial for runners, cyclists, and other athletes who require improved muscle blood flow during exercise. Compression socks are also becoming more fashionable. Manufacturers are offering a wide range of styles, colors, and patterns to cater to the growing demand for compression socks that are both functional and stylish. Many compression socks are designed to look like regular socks, making them easy to wear with a variety of outfits.

Europe dominated the global market in 2022. The market's revenue mostly comes from economically advanced countries like Germany, the U.K., and France. Three major variables are anticipated to have an impact on the market's growth: financially independent women, an increase in per capita income, and shifting fashion trends.

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Global Women’s Socks Market

Product ID: SQMIG25K2036

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