Global Athletic Socks market will reach 10671 million US$ by the end of 2025

Publisher: QYResearch
Published Date: 2019/8/23

The global athletic socks market has seen a consistent market growth with the surge of sports industry. The increasing awareness among sportsmen about the benefits of athletic socks while playing sports as well as has fuelled its demand. The athletic socks are now being developed with embedded technology that are determine cause of injuries, track movement, and thus ascertain best treatment for the sports related injuries. Furthermore, these socks offers additional padding, are extremely tough, lightweight, and heat resistant, enhancing the performance and comfort of sportsmen during any sport activity. Availability of a wide range of socks for the sportsmen to suit to their needs is also boosting the global market for athletic socks.

Health benefits like prevention from fungus, bacteria, foot ulcers and other allergies by absorbing the moisture help maintain a healthy foot. It is also equipped with compression fit features enabling blood circulation in legs. Diabetic patients are also increasingly adopting athletic socks due to its various benefits. This is also contributing towards the global athletic socks market growth. 

Restrains like lack of knowledge among rural areas of underdeveloped countries and availability of duplicate products at low cost are affecting the growth of global athletic socks market. However, growing number of diabetics are expected to create a lucrative opportunity for the athletic socks as they need to be extra careful of their feet.

The global athletic socks market was valued at US$6519 mn in 2018 is expected to reach US$10671 mn by the end of 2025, rising at a CAGR of 7.32% between 2019-2025.

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