REACH is a European Union regulation that addresses the production and use of chemical substances, and their potential impacts on both human health and the environment. REACH covers all consumer products sold in the European Union including children’s clothing. It is illegal to sell children’s clothing and other consumer products that contain excessive amounts of restricted substances in the European Union. Here are a few examples of regulated substances: Lead, Cadmium, Mercury, Nickel, and Phthalate.
The article cited AMA's "Global Children's Socks Market Study" explored CAGR of %. According to the report, Increasing Use of Smart Apparel for Enhancing the Level and Quality of Socks is one of the primary growth factors for the market. Increasing Trend of Fashion in Children are Increasing the Market Demand
is also expected to contribute significantly to the Children's Socks market. Overall, Boys
applications of Children's Socks, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Material Type, such as Cotton Socks, is boosting the Children's Socks market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Sock Lengths, such as Over the Knee, is boosting the Children's Socks market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Children's Socks market identified that the demand is rising in many different parts of the world as "Growing Awareness Among the Athletes Regarding the Benefits of Smart Apparel is one of the Major Drivers which is Propelling the Growth of the Market
". Furthermore, some recent industry insights like "On 2nd March 2021, Ralph Lauren today announced the introduction of ‘The Lauren Look,’ the Company’s first subscription apparel rental initiative, with the Lauren Ralph Lauren brand. Ralph Lauren is the first luxury brand to pioneer a fully articulated rental model, offering consumers an innovative new channel to experience, engage and ultimately shop the brand." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Children's Socks market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Children's Socks market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Children's Socks market size is calculated using market estimation process, the Children's Socks market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Children's Socks market size has been validated using both top-down and bottom-up approaches.