NEW YORK, Dec. 24, 2021 /PRNewswire/ — The “Waterproof Socks Market by Product (nylon, merino wool, polypropylene, and bamboo rayon) and Geography (APAC, Europe, North America, South America, and MEA) – Forecast and Analysis 2022-2026” report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.
44% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for waterproof socks in APAC. Market growth in APAC will be faster than the growth of the market in other regions. The rising consumer awareness about health and fitness and the increased demand for good-quality shoes and sports accessories among adults will facilitate the waterproof socks market growth in APAC over the forecast period
The potential growth difference for the waterproof socks market between 2021 and 2026 is USD 1.89 billion. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.
Key Market Dynamics:
-
Waterproof Socks Market Driver
Waterproof socks are extremely versatile. They can be worn on muddy mountain biking trails, as well as for hiking, trail running, crossing rivers, camping, fishing, and even kayaking. These can also be used while commuting on rainy days as they keep the feet dry. This boosts the growth of the market in focus. -
Waterproof Socks Market Challenges
Waterproof socks are comprised of three components: a knit outside sock, a waterproof membrane, and a knit internal sock. Waterproof socks are thicker than regular athletic socks because the outer and inner socks must be thick enough to protect the waterproof membrane from abrasion. They are made differently compared to normal socks and thus have high manufacturing costs. Therefore, these socks are quite expensive, which, in turn, challenges the growth of the waterproof socks market.
The holistic analysis of the drivers & challenges will help in deducing end goals and refining marketing strategies to gain a competitive edge. This waterproof socks market analysis report also provides detailed information on other upcoming trends that will have a far-reaching effect on the market growth.
To learn about additional key drivers, trends, and challenges available with Technavio. Read our FREE Sample Report right now!
The waterproof socks market report is segmented by Product (nylon, merino wool, polypropylene, and bamboo rayon) and Geography (APAC, Europe, North America, South America, and MEA). Technavio market research report entails detailed information on the competitive intelligence, marketing gaps, segmentation, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
View our free sample report for additional insights into the contribution of all the segments, and regional opportunities in the report.
Some Companies Mentioned
The waterproof socks market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
-
To gain access to more vendor profiles with their key offerings available with Technavio, Click Here
Related Reports:
Socks Market –The socks market has the potential to grow by USD 14.98 billion during 2021-2025, and the market’s growth momentum will decelerate at a CAGR of 6.41%. Download a free sample report now!
Waterproof Breathable Textile Market –The waterproof breathable textile market size is expected to grow by USD 747.27 bn and record a CAGR of 7% during 2020-2024. Download a free sample report now!
|
Waterproof Socks Market Scope |
|
|
Report Coverage |
Details |
|
Page number |
120 |
|
Base year |
2021 |
|
Forecast period |
2022-2026 |
|
Growth momentum & CAGR |
Accelerate at a CAGR of 7.33% |
|
Market growth 2022-2026 |
USD 1.89 billion |
|
Market structure |
Fragmented |
|
YoY growth (%) |
6.16 |
|
Regional analysis |
APAC, Europe, North America, South America, and MEA |
|
Performing market contribution |
APAC at 44% |
|
Key consumer countries |
China, US, Japan, Germany, and France |
|
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
|
Companies profiled |
ArcticDry, Camaro Erich Roiser GmbH, DexShell Outdoor Sportswear Co. Ltd., Henderson Neosport, NRS, Reed Chillcheater Ltd., Rocky Brands Inc., RYNOX GEARS, Sealskinz Ltd., and Seavenger Inc. |
|
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period. |
|
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Key Topics Covered:
-
Executive Summary
-
Market Landscape
-
Market Sizing
-
Five Forces Analysis
-
Market Segmentation
-
Customer landscape
-
Geographic Landscape
-
Vendor Landscape
-
Vendor Analysis
-
Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email:[email protected]
Website: www.technavio.com/
View original content to download multimedia:https://www.prnewswire.com/news-releases/44-of-growth-to-originate-from-apac-for-waterproof-socks-market—extreme-versatily-of-waterproof-socks-to-boost-market-growth–17000-technavio–reports-301450422.html
SOURCE Technavio
