Over the past two decade, the popularity of various adventurous and extreme sports activities has grown rapidly across the world. The customers of today are extremely keen and influenced in indulging in various adventurous sports such as trekking, snow sports as well as cycling. Sport enthusiasts seek safety equipment, which includes waterproof socks. Waterproof socks provides thermal as well as water resistance to users, which makes cycling and trekking easier. The North America, Europe and several parts of the Asia Pacific region are well known for the practice of various adventurous sports, which indicates the large-scale usage of waterproof socks in the above-mentioned countries or regions.
Overview of the Global Waterproof Socks Market
Socks have been essential consumer products that are being used since decades. The demand for socks has always been high and consistent, which has resulted in the continuous evolution of innovative products at regular intervals. These include athletic socks, casual socks, formal socks as well as specialty socks. Waterproof socks have been gaining traction among target customers, especially among people involved in activities such as trekking, swimming, cycling, snow sports, etc. Waterproof socks are a new type of socks that have been designed to meet the requirements of customers engaged in the adventure and sports industries.
According to the recent study published by FMI projects that the global waterproof socks market will record a steady growth during the forecast period 2017-2026. The report includes critical market insights based on the crucial information about the latest activities by the leading suppliers, manufacturers, and distributors in the global waterproof socks market. The market study published by FMI provides the most requisite data about the factors that can make a significant impact on the growth of the global waterproof socks market. Leading players, stakeholders, and new entrants in the market can plan right business strategies and follow a correct decision-making process.
Segmentation of the Global Waterproof Socks Market
The global waterproof socks market is broadly segmented into product type, end use, consumer orientation, sales channel and region. Based on product type, the global waterproof socks market is classified as mid-calf length socks, ankle length socks, knee length socks, and calf length socks. Based on end use, the global waterproof socks market is classified as trekking, watersports, cycling, and snow sports, outdoor activities, and other end use. Based on consumer orientation, the global waterproof socks market is semented into male, female, and unisex. Based on sales channel, the global waterproof socks wholesalers/distributors, hypermarket/supermarket, specialty stores, independent stores, online stores, and club stores.
This section of the market report provides a thorough information about drivers, opportunities, as well as restraints that are impacting the growth prospects of the global waterproof socks market. The crucial information provided in this section can help market players in taking well-informed decisions and planning business strategies. The report contains a detailed analysis of the effects of macroeconomic factors associated with the leading manufacturers and distributors on the growth of the market.
In the last section of the report, readers and market players can find critical information about major market players and notable developments in the global waterproof socks market. The concluding section discusses company overview, major collaborations, mergers, and company sizes, which provides readers with the most imperative insights.
Competitive Outlook of the Global Waterproof Socks Market
With the growing demand for waterproof socks in the global market, the manufacturers of waterproof socks are aiming at introducing new features to their existing product lines of waterproof socks. The activities of the millennial population and their perceptions about various consumer goods have been considered as one of the most influential factors driving the demand for waterproof socks in the global market. With the help of imperative information about drivers, restraints, and trends in the global waterproof socks market, the market study published by FMI provides helpful information to manufacturers and distributors
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