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Market dynamics
The market is driven by factors such as the growing demand for specialty sock products, the growing importance of maintaining formal attire in corporate offices, and awareness of hygiene and the growing occurrence of disorders. of the foot. However, the lack of awareness regarding the availability of different types of socks in emerging economies is hampering the growth of the market.
Company Profiles
Some of the companies covered in this report are adidas AG, ASICS Corp., Drymax Technologies Inc., Hanesbrands Inc., Jockey International Inc., Nike Inc., PUMA SE, Ralph Lauren Corp., THORLO Inc. and Under Armor Inc.. Etc.
Some companies mentioned with key offers
- Adidas AG – : The company offers a variety of socks under the brand Stan smith, Milan 16, and more.
- ASICS Corp. – The company offers a variety of socks such as cotton socks, 3PK, etc.
- Drymax Technologies Inc.- The company offers a variety of socks under the Hyper Thin brand.
Competitive analysis
The report includes Competitive Analysis, a proprietary tool to analyze and assess the position of companies based on their Industry Position Score and Market Performance Score. The tool uses various factors to categorize players into four categories. Some of these factors taken into account for the analysis are financial performance over the past 3 years, growth strategies, innovation score, new product launches, investments, market share growth, etc.
- By distribution channel, the market is categorized into offline and online. The growth in the socks market share by the offline segment has been significant.
- By geography, the market is classified in APAC, Europe, North America, South America, and MEA. APAC will have the largest share of the market.
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Scope of the socks market |
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Cover of the report |
Details |
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Page number |
120 |
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Year of reference |
2020 |
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Forecast period |
2021-2025 |
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Growth dynamics and CAGR |
Decelerate to 6.41% CAGR |
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Market growth 2021-2025 |
$ 14.98 billion |
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Market structure |
Fragmented |
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Annual growth (%) |
8.97 |
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Regional analysis |
APAC, Europe, North America, South America and MEA |
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Efficient contribution to the market |
44% APAC |
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Main consumer countries |
China, Turkey, United States, United Kingdom and Germany |
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Competitive landscape |
Leading companies, competitive strategies, reach of consumer engagement |
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Profiled companies |
adidas AG, ASICS Corp., Drymax Technologies Inc., Hanesbrands Inc., Jockey International Inc., Nike Inc., PUMA SE, Ralph Lauren Corp., THORLO Inc. and Under Armor Inc. |
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Market dynamics |
Parent Market Analysis, Market Growth Drivers and Obstacles, Analysis of Fast Growing and Slow Growing Segments, Impact of COVID-19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period |
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Customization |
If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments. |
About Us
Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library includes over 17,000+ reports, spanning 800 technologies, spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market intelligence to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.
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