About Waterproof Socks
Waterproof socks are preferred when it is absolutely necessary to keep the regular socks completely dry such as during rain in cold weather. These socks are used when there is constant exposure to water, cold air, or extremely humid conditions. They are generally made of three main elements including the exterior knit sock, the waterproof membrane, and an interior knit sock. The factors such as High Benefits of Waterproof Socks in Various Environmental Conditions, Rise in the Demand from Online Customers and Increased Disposable Income of the People are the key drivers for the global Waterproof Socks market. In addition, Increased Promotional Activities by Manufacturers also fueling the market growth. However, Fluctuations in the Raw Material Prices and Less Awareness about Waterproof Socks Benefits may hamper the market growth.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Waterproof Socks market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
SealSkinz Ltd (United Kingdom), Showers Pass (United States), Wigwam Corporation (United States), Camaro Erich Roiser GmbH. (Austria), Recreational Equipment, Inc. (United States), Okamoto Corporation (United States), Footland Inc. (Taiwan), Showers Pass (United Kingdom), Injinji, Inc. (United States) and Wildfire Sports & Trek (Australia) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Randy Sun (United States), Neo Sport (India) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Waterproof Socks market by Type (Toe Socks, Fleece Socks and Heated Socks), Application (Trekking, Water Sports, Cycling, Snow Sports, Outdoor and Other Activities) and Region.
On the basis of geography, the market of Waterproof 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). If we see Market by Distribution Channel, the sub-segment i.e. Supermarket will boost the Waterproof Socks market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material, the sub-segment i.e. Nylon will boost the Waterproof Socks market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Gender, the sub-segment i.e. Male will boost the Waterproof Socks market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increased Promotional Activities by Manufacturers
Market Growth Drivers:
High Benefits of the Waterproof Socks in Various Environmental Conditions, Rise in the Demand from Online Customers and Increased Disposable Income of the People
Challenges:
Less Awareness about Waterproof Socks Benefits
Restraints:
Fluctuations in the Raw Material Prices
Opportunities:
Increasing Number of Adventurous Activities, Growing Demand from End-users and Growth in the E-commerce Industry
Market Leaders and their expansionary development strategies
In August 2021, Rynox launched their 100% Waterproof Socks and It was just about time for my monsoon rides to start. Indian brand to launch waterproof socks in India because all foreign brands are quite expensive when it comes to anything that is waterproof.
In October 2022, Randy Sun, a company committed to bringing waterproof products to consumers worldwide, announced the launch of its new line of waterproof shoes. The patented waterproof shoes are designed to make everyday activities more comfortable and healthier.
Key Target Audience
Waterproof Socks Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies, Research Professionals and End-users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.