What is Compression Socks Market Scope?
Compression Socks are specially designed products which help in improving and increasing the blood flow levels to the legs, decreasing blood clotting, and prevent the development of a number of disorders and conditions. Compression socks are in the form of compression garments which are worn in the lower edges, around the legs. It helps in decreasing the diameter of swollen veins and enhance the velocity of blood flow and valve effectiveness. The increasing aging population is driving the market for Compression socks.
The Compression Socks market study is being classified by Type (Knee High, Thigh High, Pantyhose/ Maternity and Waist Attachment), by Application (Professional, Personal and Other) and major geographies with country level break-up.
Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Compression Socks market throughout the predicted period.
Tommie Copper (United States), 2XU (Australia), Abco Tech (United States), Run Forever Sports (United States), Thirty 48 (United States), Zensah (United States), Mojo (United States) and Rikedom (United States) are some of the key players profiled in the study.
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Compression Socks market by Type, Application and Region.
On the basis of geography, the market of Compression 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).
The Federal Trade Commission (FTC) has issued a final rule amending the Rules and Regulations under the Textile Fiber Products Identification Act (Textile Rules) to reflect the specific requirements for the disclosure of country of origin of socks contained in the Miscellaneous Trade and Technical Corrections Act of 2004.
Influencing Market Trend
- Adoption of Commercial Promotion and Surge in Online Shopping
Market Drivers
- High Prevalence of Venous Diseases Such as DVT among Growing Number of Diabetic and Aged Group Population
- Increase in the Elderly Population Globally
Opportunities
- Growing Caseload for Varicose Vein Treatments and Orthopaedic Surgeries is Observed in both Developed and Developing Nations
- Constantly Growing Modernization Drive Happening In the Sports, Fitness and Healthcare Sector
Restraints
- Stringent Rules and Regulations for Manufacturing.
- Issue Related To the Limited Designing of Compression Socks
Challenges
- Increasing Number of Local Players in the Market
- Fluctuating Raw Material Price for Compression Socks
Key Target Audience
Compression Socks Manufacturers, Compression Socks Distributors, Associations and Industrial Bodies, Research and Consulting Firms and Others
Customization available in this Study:
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