What is Woolen Socks Market?
Woolen socks are the sock made from the wool, a textile fiber obtained from sheep and other animals. These socks are manufactured with the effective use of advanced fabrication technology and finest-grade wool. The woolen socks come in various types, sizes and designs. The factors such as Increased Disposable Income of the People in Developing Countries such as India, Increased Number of Online Customers and Robust Increase in the Distribution Channels are driving the global woolen socks market.
The market study is being classified by Type (Ankle Socks, No-Show Socks, Crew Length Socks, Knee-High Socks, Mid-calf Length Socks and Others) and major geographies with country level break-up.
Kamal Hosiery Industries (India), V. P. Oswal Hosiery Factory (India), SK IMPEX (India), V. V. HOSIERY (India), Jainson Hosiery Industries (India), Jain Hosiery Factory (India), Nike Inc. (United States), Puma S.E. (Germany), Adidas A.G. (Germany), Asics Corporation (Japan) and Renfro Corporation are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Drymax Technologies Inc. (United States), Under Armour, Inc. (United States), THORLO, Inc. (United States), Hanesbrands Inc. (United States) and Balega (United States).
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. Research Analyst at AMA predicts that Indian Vendors will contribute to the maximum growth of Global Woolen Socks market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Woolen Socks market by Type, Application and Region.
On the basis of geography, the market of Woolen 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increased Disposable Income of the People in Developing Countries such as India
- Increased Number of Online Customers
- Robust Increase in the Distribution Channels
- Increased Spending on the Health and Fitness
- Increased Penetration of the Internet
- Availability of Low-Quality Products in Cheaper Rates
- Fluctuations in the Raw Material Prices
- Growing Demand from End-users
- Growth in the E-commerce Industry
- Increased Competition from the Local Manufacturers
Key Target AudienceWoolen Socks Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies and End-users
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