Global Women Cotton Socks Market Overview:
Socks are commonly used to absorb sweat and cover the foot. Socks are also used in a variety of adventure activities such as trekking, cycling, and so on. Socks come in a variety of lengths, sizes, colours, and applications, and are sold by various socks brands around the world. The increasing demand for multiple footwear by urban consumers is a positive factor for the socks market. Furthermore, the growing trend of athletic shoes, combined with athletic celebrity endorsement by key brands, is propelling market growth. Furthermore, rising global concerns about the negative effects of diabetic foot ulcers are expected to promote the use of advanced sock variants as a foot protective medium in the near future.
As per latest study released by AMA Research, the Global Women Cotton Socks market is expected to see growth rate of 4.3%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Increasing Innovation I Socks Technology, Soaking Features
Market Growth Drivers:
Increased Demand for Health Conscious Products such as Gym, Sports Shoes etc. and Growing Cases of Foot Ulcers
Challenges:
Increasing Use of Slippers and Sandal may hamper Market Growth and Fluctuations in Supply and Demand Share due to Enforcement of Stringent Lockdown Measures
Restraints:
Lack of Quality in Socks Material can cause Skin Rashes and Redness
Opportunities:
Rising Opportunities in Emerging Economies and Growth of E-Commerce
Competitive Landscape:
The demand for Women Cotton Socks is increasing. Businesses in this sector face global competition from market leaders who control a large share of the market. Companies are differentiating their products from competition by employing environmentally friendly materials and manufacturing techniques. The Leading Players are engaging in strategic global expansion to maintain their Market Position. Players are expected to focus on the creation of new compounds, which would likely drive the worldwide market forward over the forecast period.
Some of the key players profiled in the report are Nike (United States), Marks & Spencer (United Kingdom), Under Armour (United States), Puma (Germany), Adidas (Germany), Hanesbrands (United States), Uniqlo (Japan), FALKE KGaA (Germany), Burlington (United States), Target Corporation (United States) and Myer (Australia). Additionally, following companies can also be profiled that are part of our coverage like Pantherella (United Kingdom) and Crew Clothing Company (United Kingdom). Analyst at AMA Research see United States Vendors to retain maximum share of Global Women Cotton Socks market by 2030. Considering Market by Length, the sub-segment i.e. Ankle Length will boost the Women Cotton Socks market. Considering Market by Distribution Channel, the sub-segment i.e. Online {Brand Website, E-Commerce Website} will boost the Women Cotton Socks market. Considering Market by Size, the sub-segment i.e. Extra-Large will boost the Women Cotton Socks market.
Latest Market Insights:
In December 2021 Nike had announced the acquisition of RTFKT. This acquisition accelerates Nike's digital transformation and enables the company to serve athletes and creators at the intersection of sport, creativity, gaming, and culture.
In May 2022, Nike Inc. announced a partnership with England to introduce a new line of sports apparel, including socks, as part of the women’s international football tournament.
What Can be Explored with the Women Cotton Socks Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Women Cotton Socks Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Women Cotton Socks
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Women Cotton Socks market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Women Cotton Socks market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture and Capitalist, New entrants/investors, Analysts and Strategic Business Partners, Raw Material Suppliers, Socks Traders/Distributors and End-use industries.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.