What is Sports Socks Market?
Sport socks keep your feet from sliding around in your shoes, preventing blisters. These socks are the coziest, worn-in sports socks and are the best for the job of cutting friction in your shoes. Sport socks are also made to protect your feet from the elements and everyday forces like impact and pressure. The two traditional materials for socks are cotton and wool. However, both kinds of athletic sock materials pose problems for athletes.
The market study is being classified by Type (Cotton, Spandex and Other), by Application (Running Socks, Snow Sports Socks, Soccer Socks, Basketball Socks, Cycling Socks, Fitness Socks, Casual Sports Socks, Golf Socks and Hockey Socks) and major geographies with country level break-up.
FALKE (Germany), Nike (United States), Adidas (Germany), Snews(United States), Asics (Japan), Reebok (United Kingdom), Brooks (United States), Mizuno (Japan), New Balance(United States) and Balega (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Drymax Technologies (United States), Stance (United States) and Langsha (China).
The global Sports Socks market is witnessing a rise in competitiveness among the players. In terms of market share, the major players are currently dominating. However, some of the companies are increasing the market presence by securing new contracts and tapping new markets. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Sports Socks market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Sports Socks market by Type, Application and Region.
On the basis of geography, the market of Sports 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 Demand For Different Shoes
- The rise in the Demand For Sports Shoes Is Likely To Increase The Demand For Sports Socks
- Increasing promotional activities and marketing strategies
- Fluctuated price of the raw material
- Growing Popularity Of Waterproof Socks To Open New Opportunities of growth
- The increasing number of local manufacturers
Market Leaders and some development strategies
In November 2019 Agreement Done Between Global Brands And Planet Socks Assets. Global Brands Company Agrees For Acquiring Planet Socks Under The Agreement Of Purchasing In Usd 33.6 Million.
In December 2019 Elite Sports Socks Introduced Its New Socks Designer Tools On Its Websites. With The Help Of It Within Three Minutes Or Less, Individuals Or Groups Can Request A Custom Design. The Easy User Interface Guides Users In Real-Time To See What The Sock Will Look Like and In November 2019uk-Based Sports Brand Trusox Enters India, Begin performance-improving Socks. The Company Will Also Explore Tie-Ups With Sports Retail Stores.
Key Target AudienceNew Entrants/Investors, Analysts And Strategic Business Planners, Sports Socks Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, And Distributors, Venture Capitalists And Private Equity Firms, Government Regulatory And Research Organizations and End-Use Industry
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