It is believed that the Socks Market is a vital sector of the textile industry which caters to the demands of people from different life stages and ages. Socks are a must-have for almost everyone, providing comfort, warmth, and protection for the feet. From classic cotton socks to new designs and materials socks market offers a wide variety of options to meet various preferences and needs.
The socks market has witnessed significant growth over the years because of factors such as population growth in the United States, and increasing disposable income changes in fashion and lifestyles. According to reports from recent times that the market size was estimated at over USD 44.4 billion in 2022. It is expected to continue its upward trajectory in the coming years.
One of the primary factors driving market growth is the rising demand for socks in emerging economies. Rapid urbanization, rising quality of life, and a growing middle class in countries like China, India, and Brazil have all contributed to the expansion of the socks market. In addition, the growth of online stores has made it simpler for consumers to access many sock options, boosting sales globally.
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