India Socks Market (2024-2030) | Analysis, Growth, Share, Companies, Revenue, Value, Trends, Outlook, Industry, Size & Forecast

Market Forecast By Product (Casual, Formal, Athletic), By Application (Men, Women, Children), By Distribution Channel (Hypermarket & Supermarket, Convenience Store, Online) And Competitive Landscape
Product Code: ETC051424 Publication Date: Aug 2023 Updated Date: Apr 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

India Socks Market Shipment Analysis

India Socks Market registered a growth of 20.4% in value shipments in 2022 as compared to 2021 and an increase of 1.65% CAGR in 2022 over a period of 2017. In Socks Market India is becoming more competitive as the HHI index in 2022 was 4128 while in 2017 it was 7340. 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 less numbers of players or countries exporting in the market. India has reportedly relied more on domestic production to meet its growing demand in Socks Market.

India Socks Market Competition 2023


India Export Potential Assessment For Socks Market (Values in Thousand)


India Socks Market Synopsis

The India Socks Market is expected to grow at a CAGR of 9.3% during the forecast period (2020-2026). 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.

Drivers of the Market:

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

Challenges of the Market:

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.

Trends of the Market:

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

Key Highlights of the Report:

  • India Socks Market Outlook
  • Market Size of India Socks Market, 2023
  • Forecast of India Socks Market, 2030
  • Historical Data and Forecast of India Socks Revenues & Volume for the Period 2020-2030
  • India Socks Market Trend Evolution
  • India Socks Market Drivers and Challenges
  • India Socks Price Trends
  • India Socks Porter's Five Forces
  • India Socks Industry Life Cycle
  • Historical Data and Forecast of India Socks Market Revenues & Volume By Product for the Period 2020-2030
  • Historical Data and Forecast of India Socks Market Revenues & Volume By Casual for the Period 2020-2030
  • Historical Data and Forecast of India Socks Market Revenues & Volume By Formal for the Period 2020-2030
  • Historical Data and Forecast of India Socks Market Revenues & Volume By Athletic for the Period 2020-2030
  • Historical Data and Forecast of India Socks Market Revenues & Volume By Application for the Period 2020-2030
  • Historical Data and Forecast of India Socks Market Revenues & Volume By Men for the Period 2020-2030
  • Historical Data and Forecast of India Socks Market Revenues & Volume By Women for the Period 2020-2030
  • Historical Data and Forecast of India Socks Market Revenues & Volume By Children for the Period 2020-2030
  • Historical Data and Forecast of India Socks Market Revenues & Volume By Distribution Channel for the Period 2020-2030
  • Historical Data and Forecast of India Socks Market Revenues & Volume By Hypermarket & Supermarket for the Period 2020-2030
  • Historical Data and Forecast of India Socks Market Revenues & Volume By Convenience Store for the Period 2020-2030
  • Historical Data and Forecast of India Socks Market Revenues & Volume By Online for the Period 2020-2030
  • India Socks Import Export Trade Statistics
  • Market Opportunity Assessment By Product
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By Distribution Channel
  • India Socks Top Companies Market Share
  • India Socks Competitive Benchmarking By Technical and Operational Parameters
  • India Socks Company Profiles
  • India Socks Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
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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, 2020 & 2030F

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, 2020 & 2030F

3.6 India Socks Market Revenues & Volume Share, By Application, 2020 & 2030F

3.7 India Socks Market Revenues & Volume Share, By Distribution Channel, 2020 & 2030F

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, 2020-2030F

6.1.3 India Socks Market Revenues & Volume, By Casual, 2020-2030F

6.1.4 India Socks Market Revenues & Volume, By Formal, 2020-2030F

6.1.5 India Socks Market Revenues & Volume, By Athletic, 2020-2030F

6.2 India Socks Market, By Application

6.2.1 Overview and Analysis

6.2.2 India Socks Market Revenues & Volume, By Men, 2020-2030F

6.2.3 India Socks Market Revenues & Volume, By Women, 2020-2030F

6.2.4 India Socks Market Revenues & Volume, By Children, 2020-2030F

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, 2020-2030F

6.3.3 India Socks Market Revenues & Volume, By Convenience Store, 2020-2030F

6.3.4 India Socks Market Revenues & Volume, By Online, 2020-2030F

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, 2020 & 2030F

9.2 India Socks Market Opportunity Assessment, By Application, 2020 & 2030F

9.3 India Socks Market Opportunity Assessment, By Distribution Channel, 2020 & 2030F

10 India Socks Market - Competitive Landscape

10.1 India Socks Market Revenue Share, By Companies, 2023

10.2 India Socks Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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