What is Fashionable Underwear and Socks Market?
Fashion is an aesthetic expression of clothing, shoes, lifestyle, accessories, make-up, hairstyle, and body proportions at a specific time and place and in a specific context. Fashion trends are influenced by various factors including cinema, celebrities, climate, creative exploration, innovation, designs, political, economic, social, and technology. It is made of suitable materials and fabric materials to provide comfort and protect the internal parts of the body. A sock is an item of clothing worn on the feet that often covers the ankle and part of the calf. Fashionable socks are usually designed using bright colors, creative design work, funny text, or licensed characters. Fashionable socks are creative pieces of clothing that are inspired by various interesting illustrations. The colors may match the outfit, but the design can possibly be the highlight of the outfit, which increases the demand for fashionable socks. The increasing penetration of international brands such as Hanes, Jockey, and Calvin Klein in emerging markets, as well as the organized penetration of retail and the penetration of mono- and multi-brand stores are some of the main drivers driving the growth of the market in the future.
The market study is being classified, by Application (Men, Women and Kids) and major geographies with country level break-up.
Intimate Brands Inc. (United States), Zimmerli (Switzerland), Stance (United States), Jockey International Inc. (United States), HanesBrands, Inc. (United States), Calvin Klein (United States), Under Armour, Inc. (United States), Asics Corporation (Japan), Falke (Germany), Philips-Van Heusen Corporation (United States), Ralph Lauren Corporation (United States) and Happy Socks (Sweden) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Lululemon Athletica (Canada), La Perla (Italy) and Derek Rose (United Kingdom).
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Fashionable Underwear and Socks market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Fashionable Underwear and Socks market by Type, Application and Region.
On the basis of geography, the market of Fashionable Underwear and 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.
- Growing Disposable Income across the Globe
- Influence of Media, Celebrity Endorsement, Promotional Discount, and Festive Sale
- Increasing Trend of Fashion among the End Users are Increasing the Market Demand
- Increasing Demand for Soft, Comfortable, and Breathable Apparels
- Rising Adoption of Online Sales in the Apparel Industry
- New Design Products Launch Regarding Fashionable Underwear and Socks
- High Cost Associated With Fashionable Underwear and Socks
- Volatile Consumer Demand as well as Fashion Preferences
- Surging International Trades for Fashionable Underwear and Socks Market
- Rising Demand from Emerging Economics such as India, China, and Others
- Increasing Need for Sustainable Alternatives to Conventional Textile Manufacturing
The US government's "Customs and Border Protection (CBP)" and the "Federal Trade Commission (FTC)" have enforced labeling laws and laws in the country. In general, textile and clothing products sold in the United States must be labeled with information about fiber content, country of origin, manufacturer or retailer identity, and care instructions.
Key Target AudienceManufacturers of Fashionable Underwear and Socks, Suppliers and Distributors of Fashionable Underwear and Socks, Potential Investors, Market Research Firms, End-Users and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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