Dublin, April 12, 2023 (GLOBE NEWSWIRE) -- The "Waterproof Socks Market, By Gender, By Age Group, and By Distribution Channel, By Region - Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030" report has been added to ResearchAndMarkets.com's offering.
This report provides in-depth analysis of waterproof socks market, market size (US$ Million), and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2023 - 2030), considering 2022 as the base year and 2021 as historical information.
Company Profiles
- DexShell
- Sealskinz
- Showers Pass
- Rocky
- Wigwam Corporation
- Camaro GesmbH
- Randy Sun
- Seavenger
- Neo Sport
- NRS
Waterproofing socks are resistant to water penetration and allow passage of vapour from inside-out to provide breathability. These are used in activities such as hiking, shoes, skiing, snowshoeing, and mountain biking, where the potential of wetting the feet is high.
Growing adoption of outdoor recreational activities such as hiking, trekking, snow sports, backpacking, and wildlife viewing is in turn driving growth of the market for waterproof socks. Low market penetration of waterproof socks in developing countries such as Vietnam, Sri Lanka and South Africa among others is one of the barrier to the growth of the waterproof socks market.
Market Dynamics:
Asia Pacific is expected to be the largest market for waterproof socks, followed by Europe during the forecast period. Asia Pacific market accounted for 40% market share in 2022. The high demand for waterproof socks in Asia Pacific and Europe is due to the high popularity of winter sports and mountain sports in these regions.
For instance, according to Sports England, a public body under the Department for Culture, Media, and Sport, mountaineering, walking, and camping are the most easily accessible and popular outdoor activities in the U.K. Also, 19% of the regular outdoor activity participants are involved in mountain biking in the U.K. Among gender segment, males have higher inclination towards mountain sports and winter sports thereby making them the largest sub-segment in the waterproof socks market.
Key features of the study:
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
- It profiles leading players in the global waterproof socks market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, market expansion and marketing tactics
- The global waterproof socks market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the waterproof socks market
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 120 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | USD49181.9 Million |
| Forecasted Market Value (USD) by 2030 | USD91885.1 Million |
| Compound Annual Growth Rate | 8.1% |
| Regions Covered | Global |
Detailed Segmentation:
Global Waterproof Socks Market, By Gender:
- Male
- Female
Global Waterproof Socks Market, By Age Group:
- Up to 15 years
- 15-30 years
- 30-45 years
- 45-60 years
- Above 60 years
Global Waterproof Socks Market, By Distribution Channel:
- Supermarket
- Hypermarket
- Specialty Stores
- Convenience Stores
- Online Channel
- Others
Global Waterproof Socks Market, By Geography:
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- Italy
- France
- Russia
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East
- GCC
- Israel
- Rest of Middle East
- Africa
- Northern Africa
- Central Africa
- South Africa
For more information about this report visit https://www.researchandmarkets.com/r/75szzu
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