What is Children's Socks Market Scope?
A sock is a fabric item that is worn on the foot and sometimes protects the ankle and part of the calf. Usually, some sort of shoe or boot is worn over socks. In ancient times, leather or matted animal fur was used for making socks. Machine-knit socks were first developed in the late 16th century. By 1800 both hand knitting and machine knitting were used to produce socks, but after 1800 the predominant method was machine knitting. Thus the increasing demand from end-users is pushing the market towards the growing end.
The Children's Socks market study is being classified by Type (Specialty Socks, Athletic Socks, Trouser Socks and Casual Socks), by Application (Boys and Girls) and major geographies with country level break-up.
The companies are now exploring the market by adopting merger & acquisition, expansion, investments, a new development in existing products, and collaboration as their preferred strategies. The players are also exploring new geographies and industries through expansion and acquisition so as to avail a competitive advantage through combined strategies. Analysts at AMA predicts that Vendors from United States will contribute to the maximum growth of Global Children's Socks market throughout the predicted period.
Adidas AG (Germany), Nike (United States), Jefferies Socks (United States), Disney (United States), Hanes (United States), Mengna (China), Langsha (China), Ralph Lauren (United States) and Falke (Germany) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Fenli (United States) and SmartWool (United States).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Children's Socks market by Type, Application and Region.
On the basis of geography, the market of Children's Socks has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their development strategies
On 3rd March 2021, Royal Philips, a global leader in health technology, and The Walt Disney Company EMEA has announced they are teaming up to test the effects of custom-made animation , including specially-made Disney stories, within Philips Ambient Experience, a solution that integrates architecture, design and enabling technologies, such as dynamic lighting, video projections and sound, to allow patients and staff to personalize their environment to create a relaxing atmosphere.
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.
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.
Influencing Market Trend
- Increasing Use of Smart Apparel for Enhancing the Level and Quality of Socks
Market Drivers
- Increasing Trend of Fashion in Children are Increasing the Market Demand
- Increasing Sweat More than Adults is also Increasing the Market
Opportunities
- 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
- Growing Demand for Technologically Advanced Products Along With the Increasing Need for Innovative Features
Restraints
- Availability of different Products in the Market
Challenges
- Concern Related Towards the Hot Flashes of these Socks
Key Target Audience
Manufacturers of Smart Athletic Apparel, Raw Material Suppliers, Distributors/Traders/Wholesalers/Suppliers, Commercial Research & Development (R&D) Institutions, Importers and Exporters and End-Use Industries
Customization available in this Study:
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To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also include significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets , To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.