Market Forecast by Countries (United States, Canada), By Gender (Male, Female, Unisex), By Product (Mid-calf Length Waterproof Socks, Ankle-length Socks, Knee-length Socks) And Competitive Landscape
Product Code: ETC405455 | Publication Date: Aug 2022 | Updated Date: Aug 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 250 | No. of Figures: 50 | No. of Tables: 25 | |
Report Name | North America Waterproof Socks Market |
Forecast period | 2024-2030 |
CAGR | 6.8% |
Growing Sector | Footwear |
The North America Waterproof Socks Market report extensively covers the market by Countries, Gender, and Product. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas and market drivers which would help stakeholders to devise and align their market strategies according to the current and future market dynamics.
The North America waterproof socks market is expected to witness significant growth during the forecast period. The rising demand for comfortable and waterproof attire for outdoor activities is driving the growth of this market.
According to 6Wresearch, the North America Waterproof Socks Market is projected to grow at a CAGR of 6.8% during the forecast period.The key factors driving the growth of the North America waterproof socks market include the increasing popularity of outdoor activities such as hiking, camping, and water sports. As more people engage in these activities, there is a higher demand for durable and waterproof gear to keep them comfortable and protected. Additionally, the rising awareness about the benefits of wearing waterproof socks for overall foot health is also contributing to the growth of this market.Another significant factor driving market growth is the constant innovation by manufacturers to improve product performance and cater to different customer needs.
Despite the positive growth prospects, the North America waterproof socks market also faces some challenges. One of the major challenges is the high cost of these specialized socks compared to regular socks. This can act as a deterrent for budget-conscious consumers and limit market growth. Additionally, competition from alternative products such as water-resistant shoes or spray-on coatings may also pose a challenge for the market.
Some of the prominent players operating in the North America Waterproof Socks Market include SealSkinz, DexShell, Showers Pass, and Rocky. These companies are focusing on strategies such as partnerships, mergers and acquisitions, and product developments to strengthen their market position. Currently, SealSkinz holds the largest share in the market.
The North America Waterproof Socks Market is subject to various regulations and standards by government authorities, such as the American Society for Testing and Materials (ASTM). These regulations ensure that the products meet safety and quality standards to provide maximum protection to consumers. Additionally, in Canada, waterproof socks fall under the category of "textile articles" and are regulated by Health Canada's Textiles Program. This program ensures that textile products comply with labelling requirements and safety standards set by the government.
The North America waterproof socks market is expected to continue its growth trajectory in the coming years. The rising popularity of outdoor activities and increased focus on foot health are likely to drive market growth. Additionally, technological advancements and innovations by manufacturers to improve product performance and cater to different customer needs will also contribute to market growth.Moreover, the rise of e-commerce platforms has made it easier for consumers to access a wide range of products, including waterproof socks. This is expected to further boost market growth as consumers can easily purchase these products from the comfort of their homes.
According to Dhaval, Research Manager, 6Wresearch, the Unisex segment holds the dominant share in the North America Waterproof Socks Market, owing to the universal appeal and flexibility of these products.
The United States holds a significant share in the North America Waterproof Socks Market, followed by Canada.
The Mid-Calf Length Waterproof Socks holds the dominant share in the North America Waterproof Socks Market. This can be attributed to the high demand for these products in various outdoor activities.
The market study offers an exhaustive analysis of the following market segments:
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 North America Waterproof Socks Market Overview |
3.1 North America Regional Macro Economic Indicators |
3.2 North America Waterproof Socks Market Revenues & Volume, 2020 & 2030F |
3.3 North America Waterproof Socks Market - Industry Life Cycle |
3.4 North America Waterproof Socks Market - Porter's Five Forces |
3.5 North America Waterproof Socks Market Revenues & Volume Share, By Countries, 2020 & 2030F |
3.6 North America Waterproof Socks Market Revenues & Volume Share, By Gender, 2020 & 2030F |
3.7 North America Waterproof Socks Market Revenues & Volume Share, By Form, 2020 & 2030F |
4 North America Waterproof Socks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 North America Waterproof Socks Market Trends |
6 North America Waterproof Socks Market, 2020 - 2030 |
6.1 North America Waterproof Socks Market, Revenues & Volume, By Gender, 2020 - 2030 |
6.2 North America Waterproof Socks Market, Revenues & Volume, By Product, 2020 - 2030 |
7 United States Waterproof Socks Market, 2020 - 2030 |
7.1 United States Waterproof Socks Market, Revenues & Volume, By Gender, 2020 - 2030 |
7.2 United States Waterproof Socks Market, Revenues & Volume, By Product, 2020 - 2030 |
8 Canada Waterproof Socks Market, 2020 - 2030 |
8.1 Canada Waterproof Socks Market, Revenues & Volume, By Gender, 2020 - 2030 |
8.2 Canada Waterproof Socks Market, Revenues & Volume, By Product, 2020 - 2030 |
9 North America Waterproof Socks Market Key Performance Indicators |
10 North America Waterproof Socks Market - Opportunity Assessment |
10.1 North America Waterproof Socks Market Opportunity Assessment, By Countries, 2020 & 2030F |
10.2 North America Waterproof Socks Market Opportunity Assessment, By Gender, 2020 & 2030F |
10.3 North America Waterproof Socks Market Opportunity Assessment, By Product, 2020 & 2030F |
11 North America Waterproof Socks Market - Competitive Landscape |
11.1 North America Waterproof Socks Market Revenue Share, By Companies, 2023 |
11.2 North America Waterproof Socks Market Competitive Benchmarking, By Operating and Technical Parameters |
12 Company Profiles |
13 Recommendations |
14 Disclaimer |