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Athletic Socks Market Trends

Report ID: GMI8007
Published Date: Feb 2024
Report Format: PDF

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Athletic Socks Market Trends

Athletes are demanding socks that offer comfort and superior functionalities such as moisture wicking materials, arch support, cushioning, and seamless construction. For instance, in September 2023, PAKA a specialist in alpaca fiber apparel, launched the ‘Performance ¾ Crew Sock’ multisport sock. This sock features a snug rib-knit design to eliminate shifting and friction, a breathable mobility mesh at the ankle-to-foot junction for enhanced ventilation, compressive arch support, and targeted extended heel padding for high-impact areas.

The increasing consumer awareness about environmental issues is driving the demand for athletic socks made from eco-friendly and sustainable materials. For instance, in 2021, Nike launched its first sustainable sock collection made form 100% recycled polyester, a move toward its goal of using only sustainable materials by 2030.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of athletic socks reached USD 6 billion in revenue in 2023 and is set to grow at over 5.7% CAGR between 2024 and 2032, propelled by the growing emphasis on fitness and sports-related activities in contemporary lifestyles.

Cotton athletic socks segment is projected to grow at 6.2% CAGR from 2024 to 2032, owing to the surging demand for sustainable and natural fibres in athletic wear due to their breathability, comfort, and eco-friendliness.

North America held 34% of the market share in 2023, attributed to the presence of robust sports culture with a large population actively participating in athletic activities and sports across the region.

Some top athletic sock providers are Adidas AG, ASICS Corporation, Balega International, Darn Tough Vermont, Feetures, LLC, New Balance Athletics, Inc., Nike, Inc., PUMA SE, Reebok International Limited, SockGuy, Inc., Stance Inc., Swiftwick LLC, Thorlos, Inc., Under Armour, Inc., and Wigwam Mills Inc.