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Athletic Socks Market Size

  • Report ID: GMI8007
  • Published Date: Feb 2024
  • Report Format: PDF

Athletic Socks Market Size

Athletic Socks Market size was valued at USD 6 billion in 2023 and is anticipated to register a CAGR of over 5.7% between 2024 and 2032. The market growth is due to growing emphasis on fitness and sports-related activities in contemporary lifestyles. As more individuals engage in various forms of physical exercise, the demand for specialized athletic socks is increasing. These socks are designed to provide optimal performance, comfort, and support during intense workouts, running, & other athletic endeavors.

 

Rising sport activities globally is significantly increasing the demand for specialized athletic socks. As more individuals engage in diverse sports and physical activities, the need for performance-enhancing and comfortable sportswear, including socks, has surged. The growing popularity of the athleisure trend has also been a major growth driver for the market.

 

The shift toward more casual and versatile sport-inspired apparel has elevated the importance of stylish yet functional athletic socks as essential components of everyday wear. There has been a substantial increase in health and fitness awareness, with consumers adopting active lifestyles and prioritizing physical well-being. This heightened consciousness has increased the demand for athletic socks that offer features such as moisture-wicking, breathability, and ergonomic designs to support individuals during their fitness routines.

 

The market faces challenges related to high competition among established and emerging brands, leading to pricing pressures and the need for continuous innovations. The changing fashion trends and consumer preferences create uncertainty for manufacturers trying to anticipate and meet the evolving demands.

 

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of athletic socks reached USD 6 billion in revenue in 2023 and is set to grow at over 5.7% CAGR between 2024 and 2032, propelled by the growing emphasis on fitness and sports-related activities in contemporary lifestyles.

Cotton athletic socks segment is projected to grow at 6.2% CAGR from 2024 to 2032, owing to the surging demand for sustainable and natural fibres in athletic wear due to their breathability, comfort, and eco-friendliness.

North America held 34% of the market share in 2023, attributed to the presence of robust sports culture with a large population actively participating in athletic activities and sports across the region.

Some top athletic sock providers are Adidas AG, ASICS Corporation, Balega International, Darn Tough Vermont, Feetures, LLC, New Balance Athletics, Inc., Nike, Inc., PUMA SE, Reebok International Limited, SockGuy, Inc., Stance Inc., Swiftwick LLC, Thorlos, Inc., Under Armour, Inc., and Wigwam Mills Inc.

Athletic Socks Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 248
  • Countries covered: 23
  • Pages: 270
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