Product Code: ETC051424 | Publication Date: Aug 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
India Socks market currently, in 2023, has witnessed an HHI of 4128, Which has decreased moderately as compared to the HHI of 7340 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The India Socks Market is expected to grow at a CAGR of 9.3% during the forecast period (2025-2031). The market growth can be attributed to increasing preference for comfortability and style, rising disposable income levels, changing weather patterns, lifestyle trends and growing consumer awareness regarding hygiene. Moreover, the development of innovative products such as smart socks integrated with various electronic components and expansion plans by major players in tier II & III cities are likely to drive the demand for this product in India in the coming years.
Increasing Preference For Comfort And Style ? With growing emphasis on personal grooming habits, consumers are increasingly preferring comfortable apparel over traditional ones. This has led to an increase in demand for socks that provide better grip around ankles along with superior insulation against sweat absorption and foot odour. Furthermore, manufacturers are introducing fashionable designs with colourful prints which will further propel growth of the market over the forecast period. Rising Disposable Income Levels ? Increase in disposable income coupled with rapid urbanisation has resulted in rising spending power among Indian consumers across all age groups. This has greatly influenced their fashion sense leading them towards purchasing more branded apparels like sports socks which offer better moisture wicking capabilities compared to conventional cotton socks owing its breathable fabric composition which allows air circulation thus providing protection from bad odours and skin infections due to excess sweating while performing physical activities or daily routines work etc., thereby driving sales of these items within country`s retail sector
Despite technological advancements introduced by different companies while manufacturing their respective products yet there exist presence of unorganised vendors dealing into cheap counterfeit goods throughout India which may hamper overall growth prospects because it becomes difficult sometimes for common people differentiate between genuine and fake brands on basis quality standards maintained by both side entities hence resulting into decreased sales figures associated with original branded articles rendering it highly challenging situation prevailing currently within domain marketplace.
Growing environment concerns amongst consumer population have shifted focus towards organic textile made products such as organic woolen/cotton/bamboo fiber based attires including even accessories like sox that help promote green living initiatives taken up by concerned authorities worldwide thereby potentially boosting future revenue streams generated from this particular segment over next few years.H685+H687
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Socks Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Socks Market Revenues & Volume, 2021 & 2031F |
3.3 India Socks Market - Industry Life Cycle |
3.4 India Socks Market - Porter's Five Forces |
3.5 India Socks Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 India Socks Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 India Socks Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 India Socks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Socks Market Trends |
6 India Socks Market, By Types |
6.1 India Socks Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 India Socks Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 India Socks Market Revenues & Volume, By Casual, 2021-2031F |
6.1.4 India Socks Market Revenues & Volume, By Formal, 2021-2031F |
6.1.5 India Socks Market Revenues & Volume, By Athletic, 2021-2031F |
6.2 India Socks Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 India Socks Market Revenues & Volume, By Men, 2021-2031F |
6.2.3 India Socks Market Revenues & Volume, By Women, 2021-2031F |
6.2.4 India Socks Market Revenues & Volume, By Children, 2021-2031F |
6.3 India Socks Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 India Socks Market Revenues & Volume, By Hypermarket & Supermarket, 2021-2031F |
6.3.3 India Socks Market Revenues & Volume, By Convenience Store, 2021-2031F |
6.3.4 India Socks Market Revenues & Volume, By Online, 2021-2031F |
7 India Socks Market Import-Export Trade Statistics |
7.1 India Socks Market Export to Major Countries |
7.2 India Socks Market Imports from Major Countries |
8 India Socks Market Key Performance Indicators |
9 India Socks Market - Opportunity Assessment |
9.1 India Socks Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 India Socks Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 India Socks Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 India Socks Market - Competitive Landscape |
10.1 India Socks Market Revenue Share, By Companies, 2024 |
10.2 India Socks Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |