India Socks Market Size, Industry Analysis, Demand, Growth Rate and Forecast 2023-2028

April 19 17:33 2023
India Socks Market Size, Industry Analysis, Demand, Growth Rate and Forecast 2023-2028
India Socks Market
The India socks market size reached US$ 193.2 Million in 2022. IMARC Group expects the market to reach US$ 271.43 Million by 2028, exhibiting a growth rate (CAGR) of 5.70% during 2023-2028.

The latest report published by IMARC Group, titled “India Socks Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on socks market in India. The report also includes competitor and regional analysis, and contemporary advancements in the market. The India socks market size reached US$ 193.2 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 271.43 Million by 2028, exhibiting a growth rate (CAGR) of 5.70% during 2023-2028.

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Socks represent an item of clothing worn on the feet, extending into the calf, covering the ankle, and extending until the knee. They are generally made of nylon, cotton, wool, polyester, etc., and are worn with boots and shoes. As socks fit to the shape of the foot, they are soft and comfortable, offer a snug fit, provide cushioning for the feet to keep them from friction and blistering, etc. They also prevent injury and contamination from dust, dirt, and other external elements, as well as provide warmth and insulation to the feet, especially in cold weather. In line with this, socks with breathable materials enable air to circulate around the feet, absorb sweat and moisture, and prevent the growth of bacteria, excessive sweating, foot odor, etc. They are commonly available in a wide array of styles and patterns, thereby enabling individuals to express their fashion sense and personal style.

Market Trends:

The rising popularity of sports, both as a leisurely pastime and a profession, is primarily driving the India socks market. Additionally, the launch of several favorable policies by government bodies to enhance manufacturing capabilities and export of the textile and apparel industry is further catalyzing the market growth across the country. Besides this, the emerging trend of casual work culture is propelling the adoption of socks by individuals that are comfortable and suit work purposes. Moreover, the introduction of product variants with moisture-wicking capabilities, antibacterial attributes, and compression features, owing to the increasing consumer health consciousness, is expected to fuel the India socks market over the forecasted period.

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Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

  • Adidas India Marketing Pvt. Ltd (Adidas AG)
  • Bonjour Group
  • Filatex Fashions Ltd.
  • Heelium Sports Private Limited
  • NIKE India Private Ltd (Nike, Inc.)
  • PUMA India Ltd (PUMA SE)
  • SockSoho
  • Supersox
  • Vidhaan Socks

India Socks Market Segmentation:

Our report has categorized the market based on regional, product, material, application and distribution channel.

Breakup by Product:

  • Casual
  • Formal
  • Athletic
  • Others

Breakup by Material:

  • Nylon
  • Cotton
  • Polyester
  • Wool
  • Waterproof Breathable Membrane
  • Others

Breakup by Application:

  • Man
  • Women
  • Children

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Online Stores
  • Others

Breakup by Regional:

  • Maharashtra
  • Tamil Nadu
  • Uttar Pradesh
  • Gujarat
  • Karnataka
  • West Bengal
  • Rajasthan
  • Andhra Pradesh
  • Telangana
  • Madhya Pradesh
  • Delhi NCR
  • Punjab
  • Haryana
  • Others

Key highlights of the report:

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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