Socks Market Revenue: An Array Of Graphics And SWOT Analysis Of Major Industry Segments 2019 - 2027
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 endors...