Men, Women, and Children comprise the market segments. The men’s category is anticipated to expand quickly during the projection period at a CAGR of xx%. Products with patches and studs are slowly gaining favour among men’s apparel. Growth in this market is anticipated to be fueled by men’s acceptance of the products as accessories for casual and professional attire. Additionally, a rise in the number of grooming-related social videos on YouTube and Google+ is probably going to persuade people to spend money on expensive shoe accessories like socks.
Global Socks Market Overview:
The purpose of this study is to provide an in-depth analysis of the Global Socks market by segments, industry, and geography. The study provides detailed information on the major factors influencing the growth of the Global Socks industry. The study also provides a thorough examination of the market’s value chain.
Socks Market size was valued at US$ 47.68 Bn. in 2020 and the total revenue is expected to grow at a CAGR of 6.3% through 2021 to 2027, reaching nearly US$ 73.13 Bn.
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Market Scope:
The research method used to assess and forecast the Global Socks market begins with gathering revenue data from key suppliers using secondary research sources. When defining market segmentation, vendor offerings are also considered. Using the bottom-up method, the income of major corporations was utilized to assess the total size of the Global Socks market.
Key Players:
• Adidas A.G.
• Nike Inc.
• Puma S.E.
• Renfro Corporation
• Asics Corporation
• THORLO, Inc.
• Balega
• Drymax Technologies Inc.
• Hanesbrands Inc
• Gildan Activewear Inc.
• Industria de Diseño Textil, S.A
• Jockey
• Mizuno
• Rawlings
• Salomon/ Amer Sports
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Regional Analysis:
Market share information for North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America are available separately. Maximize analysts assess competitive strengths and conduct competitive analysis on each rival separately.
COVID-19 Impact Analysis on Global Socks Market: The detailed review of COVID-19 impact on the Global Socks market based on import, suppliers, ket players have also been included in the Global Socks market report.
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Key Questions Answered in the Global Socks Market Report are:
- Which segment had the largest share in the Global Socks market?
- How is the competitive landscape of the Global Socks market?
- Which are the key factors impacting the Global Socks market growth?
- Which region has the maximum share in the Global Socks market?
- What will be the CAGR of the Global Socks market during the forecast period (2021-2027)?
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