Technology News & Trends

  Socks have become largely a commercialized commodity item, with the expansion of retail stores and department stores selling wide range of socks, including specialty ones. Rapid pace of urbanization is one of the key drivers for the evolution in the  socks market . Rise in sales of athletic footwear has also spurred the demand for socks with special characteristics. Novelty socks have also caught on momentum from the growing penetration of these in general apparel store, apart from fashion stores. Increasing awareness about fashion among men is another key trend favoring new demand in the socks market. Women world over have also become conscious evaluating their purchases of socks based on fashion rather than just value. Specialized Socks Emerge as Segment with Incredible Avenues in Socks Market Growing consumers’ demand for new colors and patterns is a key trend in the socks market. A wide range of needs has spurred the demand for specialized socks, thereby opening new aven...

  Socks have become largely a commercialized commodity item, with the expansion of retail stores and department stores selling wide range of socks, including specialty ones. Rapid pace of urbanization is one of the key drivers for the evolution in the  socks market . Rise in sales of athletic footwear has also spurred the demand for socks with special characteristics. Novelty socks have also caught on momentum from the growing penetration of these in general apparel store, apart from fashion stores. Increasing awareness about fashion among men is another key trend favoring new demand in the socks market. Women world over have also become conscious evaluating their purchases of socks based on fashion rather than just value. Specialized Socks Emerge as Segment with Incredible Avenues in Socks Market Growing consumers’ demand for new colors and patterns is a key trend in the socks market. A wide range of needs has spurred the demand for specialized socks, thereby opening new aven...

Increasing demand towards maintaining casual and formal attire for white-collar professionals coupled with rising number of IT professionals at global level is expected to drive the socks market  growth. This, in turn, is expected to boost the market growth in the coming years. Global socks market is expected to grow with the changing trends in shoes and leather industry. Furthermore, new opportunities are expected to be visible due to the the changing weather patterns, demand for natural fabrics, and fashion trends like IoT wearable making it a promising opportunity in the near future. As per the report of TMR, global  socks market  size was valued  US$ 42.5 bn  in  2018  and expected to grow with a CAGR of  4.5%  from  2019  to  2027.  In  2027,  socks market size estimated to reach  US$ 74.9 bn. Celebrity Endorsement By Key Brands Are Influencing on Market Growth Companies are endor...

Increasing demand towards maintaining casual and formal attire for white-collar professionals coupled with rising number of IT professionals at global level is expected to drive the socks market  growth. This, in turn, is expected to boost the market growth in the coming years. Global socks market is expected to grow with the changing trends in shoes and leather industry. Furthermore, new opportunities are expected to be visible due to the the changing weather patterns, demand for natural fabrics, and fashion trends like IoT wearable making it a promising opportunity in the near future. As per the report of TMR, global  socks market  size was valued  US$ 42.5 bn  in  2018  and expected to grow with a CAGR of  4.5%  from  2019  to  2027.  In  2027,  socks market size estimated to reach  US$ 74.9 bn. Celebrity Endorsement By Key Brands Are Influencing on Market Growth Companies are endor...