Global Waterproof Socks Market size is expected to reach nearly US$ 1450.95 Bn by 2029 with the CAGR of 7.86% during the forecast period.
Waterproof Socks Market Overview:
The goal of this research is to provide an overview of the Waterproof Socks market as well as detailed market segmentation based on connection type, end-use, and geography. The study contains critical information on the market positions of the leading Waterproof Socks players, as well as noteworthy industry trends and opportunities.
The analysis also focuses on the Global Waterproof Socks market's key top industry players, providing information such as company biographies, product pictures and specifications, capacity, production, price, cost, revenue, and contact information. This study examines the Waterproof Socks Market Trends, Volume, and Value at the Global, Regional, and Company Levels. This report analyses the entire Waterproof Socks Market Size from a global perspective by analyzing historical data and prospects.
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Market Scope:
The report also focuses on the leading industry players in the Global Waterproof Socks market, giving information such as company biographies, product images and specifications, capacity, production, price, cost, revenue, and contact information.
Dynamics:
The requirement for waterproof socks among adventure seekers who engage in activities like cycling, running, hiking, mountain biking, and snow sports is an example of the expanding consumer need for multipurpose sportswear. Additionally, the majority of waterproof socks are unisex, allowing both men and women to wear them. The global interest in multifunctional clothing among men and women is expected to increase demand for waterproof socks. The activities of the millennial generation and their opinions of various consumer goods have been one of the most significant factors driving demand for waterproof socks in the global market.
Segmentation:
Nylon was the market's largest segment by material in 2022, accounting for 65% of the overall market share. Major market participants like Dexshell and Sealskinz use nylon for the outer layer of the socks and merino wool for the inner layer. Customers benefit from merino wool's cushioning, odor-free experience, and comfort while nylon's abrasion- and quick-drying properties make the outer layer. Market participants are expanding the market's reach by making socks for both everyday use and outdoor activities. Bamboo rayon was used to make the waterproof socks more affordable and environmentally beneficial. They are also more resilient and softer than merino wool. They do not, however, effectively regulate odours.
by Material
Nylon
Merino Wool
Polypropylene
Bamboo Rayon
by End User
Adults
Kids
by Distribution Channel
Wholesaler/distributor
Supermarket/hypermarket
Specialty store
Independent store, club store
Online store
Key Players:
Inorganic growth techniques noted in the sector included acquisitions, partnerships, and collaborations. With growing demand, industry participants in the Waterproof Socks market are projected to benefit from excellent future growth opportunities. The following are a few companies participating in the worldwide Waterproof Socks industry.
1. Sealskinz
2. Wigwam Corporation
3. Rocky Brands
4. Bridgedale
5. CAMARO Erich Roiser GmbH
6. Stance
7. Recreational Equipment, Inc
8. LENNON PERFORMANCE PRODUCTS LTD
9. Okamoto Corporation
10. Footland Inc
11. DEXSHELL
12. Showers Pass
13. RANDY SUN
14. Seavenger
15. Henderson Neosport
16. NRS
17. Injinji, Inc
18. Northern Diver
19. Wrightsock
20. Wildfire Sports & Trek
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Regional Analysis:
The research also includes a comprehensive PESTLE analysis for each of the five areas, namely North America, Europe, Asia Pacific, the Middle East, and Africa, and South America, after examining the political, economic, social, and technological variables influencing the Waterproof Socks market in these regions.
COVID-19 Impact Analysis on Waterproof Socks Market:
As a result of the COVID-19 outbreak, customer behavior has transformed throughout all sectors of society. Industries, on the other hand, will need to adjust their strategies to account for altering market supplies. This study gives an outline of the COVID-19's impact on the Waterproof Socks market and will help you build your business in compliance with the new industry standards.
Key Questions Answered in the Waterproof Socks Market Report are:
- What will be the CAGR of the Waterproof Socks market during the forecast period?
- Which segment emerged as the leading segment in the Waterproof Socks market?
- Which are the prominent players in the Waterproof Socks market?
- What will be the Waterproof Socks market size by 2027?
- Which company held the largest share in the Waterproof Socks market?
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The growth of the global waterproof socks market is driven by factors such as the growing demand for sportswear, frequent launches of trending products by market players, and advancements in e-commerce.Waterproof Socks Market is projected to reach USD 6,850.4 Million by 2025 at a CAGR of 7.1% from 2019 to 2025.Also, Waterproof Socks make it more comfortable for those traveling during the monsoon season since it is resistant to water penetration.
Market players us materials such as nylon, polypropylene, wool, bamboo rayon, and modal to manufacture waterproof socks.
Nylon offers high elongation and luster while bamboo rayon is antibacterial, sweat-absorbent, and insulating.
The growing popularity of multifunctional apparel and accessories is influencing the market for waterproof socks.Market USPIncreasing demand for waterproof apparel among the consumers globally Growth Opportunities in the MarketIncreasing demand for multifunctional sportswear: Consumer preference for multifunctional products can be seen in the demand for waterproof socks by adventure enthusiasts who participate in activities such as cycling, running, hiking, mountain biking, and snow sports.
Additionally, the majority of waterproof socks are unisex and can be worn by both men and women.
In the US the revenue for men’s and boy’s apparel market in 2019 is expected to be USD 86,120 million.Advancements in e-commerce: Online retail stores and e-commerce platforms account for a significant share of the global waterproof socks market.
