What is Yoga socks Market?
Great workout, a community of goal-setting people, and, of course, grip socks! More and more studios are requiring grip socks to be worn for the safety and hygiene of all of the clients. Yoga socks let grip the mat or floor better than bare feet. these socks are made from a lightweight fabric that wicks moisture away from your feet throughout your yoga practice or workout. Moreover, these socks come in Socks come in low-profile ballet-style, or crew and can be toe-less or full-foot.
The market study is being classified by Type (Cotton socks, Nylon socks, Woollen sock and Others), by Application (Residential, Yoga Clubs and Gyms) and major geographies with country level break-up.
Toesox (United States), Tavi Noir (United States), Shashi Glitter (United States), Bombas (United States), BAM (United Kingdom), Kmart (Australia), Nike (United States), Adidas (Germany), HEAD TO SOCKS (Sweden) and PUMA (Germany) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are SKULPT (United States).
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new modifications in the existing products, and collaborations as per their preferred strategies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Yoga socks market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Yoga socks market by Type, Application and Region.
On the basis of geography, the market of Yoga 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growing Concern about Health in Rising Population will drive the Yoga socks Market
Market Trend
- Increasing online sales channel
Restraints
- Fluctuated price of raw material
Opportunities
- Growing awareness of physical activity is central to life-long health and wellbeing. Among other benefits, adequate physical activity improves muscular and cardiorespiratory fitness is booming the demand for the Yoga socks
Challenges
- High competition between local manufacturers
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Yoga socks Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms and Government Regulatory and Research Organizations