Global Market Study on Sports and Athletic Socks: Sales through Modern Trade Channel to Generate Significant Revenues between 2017 and 2022


Sports And Athletic Socks Market
  • Published On : Sep-2017 |
  • Pages : 170 Pages |
  • Format :

Growth of the global sports and athletic socks market is significantly bound to increasing demand in the sports and healthcare industry. As consumers are getting more aware regarding propagation of infection due to synthetic hosiery products, manufacturers prefer using cotton blend for production of sports and athletic socks. Moreover, textile manufacturers are embedding additional features in the sports and athletic socks such as padding at the ball of the foot, which prevents prevalence of ulcers. Embedded features in these socks also witness considerable demand in the healthcare industry among the diabetic population.  A recently published report on “Sports and Athletic Socks Market: Global Industry Analysis (2012 - 2016) & Forecast (2017 - 2022),” offers exclusive insights to the readers on recent trends and market dynamics in the global sports and athletic socks market. The report highlights the materials and components such as cotton and synthetic blends used by the textile manufacturers for the production of sports and athletic socks.

Region

Activity Type

Sales Channel

Material Type

Gender

North America

Running Socks

Independent Sports Outlet

Cotton Blend

Men's Sports Socks

Latin America

Soccer Socks

Franchised Sports Outlet

Synthetic Blend

Women's Sports Socks

Europe

Snow Sports Socks

Modern Trade Channels

Wool Blend

Unisex Sports Socks

Japan

Basketball Socks

Direct to Customer Brand Outlet

APEJ

Cycling Socks

Direct to Customer Online Channel

MEA

Fitness Socks

Direct to Customer Institutional Channel

Casual Sports Socks

Third Party Online Channel

Baseball Socks

Golf Socks

Hockey Socks

(Additional information, including cross-sectional data and country-wise analysis & forecast is available in the report)

This report offers insights on factors contributing towards growth of the global sports and athletic socks market along with various trends and dynamics that are likely to impact the future and current market dynamics. The global sports and athletic socks market is segmented on the basis of product type, activity type, sales channel, material type, gender, and region.

The report offers insights on the gender types that are impacting demand for sports and athletic socks in the global market. Men’s sports is expected to witness the highest revenue growth as compared to other genders. Sports and athletic socks is expected witness considerable demand in women’s sports. Manufacturers prefer using cotton and synthetic blends for production of the sports and athletic socks. Further, manufacturers are integrating enhanced technology to offer smart socks that enables the diabetic patients to track and monitor the blood and sugar levels globally.

The next section of the report offers insights on various activities that are impacting the market dynamics of sports and athletic socks. Casual sports socks is expected to represent a dominant segment as compared to other activities. This segment is expected to witness relatively high demand among the sportsmen in the global market. Sales of casual sports socks is expected to generate significant revenues among other sport and athlete socks products. Soccer socks is also expected to register the second highest growth in terms of revenue in the global market. This segment is expected to witness considerable demand among soccer players in the sports industry.

In the final section, this report offers insights on impact of revenue generated through sales channel. Sales of sports and athletic socks is expected to generate significant revenues through modern trade channels. Modern trade as compared to other sales channel is expected to represent a leading segment in the global market. Franchised sports outlet is expected to witness the second highest growth in terms of revenue in the global sports and athletic socks market. Third party online channel as compared to other sales channel is also expected to contribute towards growth of the global sports and athletic socks market positively.

Leading companies mentioned in this report include All Star, Rawlings, Nike, MacGregor, Select Sports, Easton-Bell Sports, Adidas, Wilson, Mizuno, and All Star.

The global sport and athletic socks market is expected to witness a steady growth attributed to considerable demand in the sports and healthcare industry. Increasing demand to monitor the sugar level among the diabetic people is expected to fuel demand for smart socks in the healthcare industry. Consumption of sports and athletic socks in casual sports is expected to remain high as compared to other activities. Cotton blend is expected to witness considerable demand in the among textile manufacturers. Sport socks is expected to register the highest consumption among men. Sales of sports and athletic socks is expected to generate highest revenues through modern trade channels. APEJ is expected to represent the largest market for sports and athletic socks globally.

Sports and athletic socks is worn by sportsmen for enhanced performance in athletic events. Textile manufacturers are increasingly integrating advanced technology in the hosiery stock, which enables the end users to track and monitor their heart and respiration rate. Smart sports socks are also used by the diabetic patients to monitor their sugar levels.

The global sports and athletic socks market is expected to register a moderate CAGR growth, and will represent a value of over US$ 6,000 Mn by the end of 2025.

Demand for Smart Sports Socks among Athletes

From apps, accessories to hosiery, now fitness records can be tracked through what you wear. As manufacturers are integrating enhanced technology in a range of clothes, recent trend has been witnessing considerable demand for smart socks. More than just a pair of woollen that keep your feet warm, manufacturers are producing socks pertaining to the specific requirements of the user. These socks are embedded with enhanced technology help in tracking the health and sugar levels of the diabetic patients.

Healthcare Industry to Witness High Demand

As compared to the traditional socks, the diabetic socks have the moisture wicking features and its antimicrobial growth prevents prevalence of fungal and bacterial infections on moisture prone region of the feet. The high-end diabetic socks comprise copper and silver threading, which helps in preventing fungi and bacterial growth that lead to foot odour and infections. These sports socks are equipped with padding at the ball of the foot, which help in preventing ulcers. Bound to such factors, sports and athletic socks is expected to witness robust demand in the healthcare industry.

Considerable Demand in the Sports Industry

Apart from healthcare industry, the smart sports socks are equipped enhanced features that enable the end users to sprint or jog comparatively fast. Attributed to additional padding in the socks enhances the performance of the sportsmen as they can conveniently jump while playing sports such as basketball, soccer, and tennis. Equipped with compression fit features, the sports socks help in increasing the blood circulation in legs. These socks are prescribed to improve the leg vein issues. Such factors are expected to fuel demand for sports socks in the sports industry.  

Cotton Blend to Represent a Leading Segment

Casual sports socks is expected to witness the highest revenue growth in the global market. This segment is expected to represent a value of nearly US$ 600 Mn in the global sports and athletic socks market by the end of 2022. Soccer socks is expected to represent the second highest revenue growth in the global market by the end of 2022. Through 2022, basketball socks is expected to register the highest CAGR growth in the global market, followed by direct to customer brand outlet.

Modern trade channel is expected to witness the highest revenue growth in the global market. This segment is expected to represent a value of over US$ 500 Mn in the global sports and athletic socks market by the end of 2017. Franchised sports outlet is expected to represent the second highest revenue growth in the global sports and athletic socks market by the end of 2017. Third party online channel is expected to register the highest CAGR growth in the global sports and athletic socks market, followed by direct to customer brand outlet.

Cotton blend is expected to witness the highest revenue share in the global market. This segment is expected to represent a value of over US$ 1,000 Mn in the global sports and athletic socks market by the end of 2022. Synthetic blend is expected to represent the second highest revenue growth in the global market. Wool blend and cotton blend is expected to register the highest CAGR growth in the global market through 2022.

Men’s sports is expected to generate the highest revenue share in the global market. This segment is expected to represent a value of over US$ 1,000 Mn in the global sports and athletic socks market by the end of 2017. Women’s sports equipment is expected to represent the second highest revenue growth in the global market by the end of 2017. Men’s sports is expected to register the highest CAGR in the global market, followed by women’s sports.

Competitive Tracking                                                    

Leading market players operating in the global sports and athletic socks include Nike, Adidas, MacGregor, All Star, Wilson, Select Sports, Rawlings, Mizuno, and Easton-Bell Sports. 

Company Profile

  • NIKE, Inc.      
  • Adidas AG  
  • PUMA SE   
  • Skechers U.S.A., Inc.  
  • Under Armour, Inc.
  • ASICS Corporation
  • Wolverine World Wide, Inc.
  • V.F. Corporation
  • New Balance, Inc.  
  • Hanesbrands Inc.
  • THORLO, Inc.
  • Jockey International Inc.
  • Drymax Technologies Inc.
  • Others.
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