Global Waterproof Socks Market is anticipated to reach US$ XX Mn by 2026 from US$ 3922.7 Mn in 2019 at a CAGR of XX % during a forecast period.

Global Waterproof Socks Market Overview

Waterproof socks are socks that have a membrane that prevents water from penetrating. They are typically comprised of three layers, with the outside layer preventing abrasion from shoes, the inner layer providing insulation and comfort, and the intermediate membrane preventing water penetration from outside and providing breathability by enabling vapor to travel through. Waterproof socks are breathable, stretchy, flexible, windproof, offer thermal protection, and keep your feet dry. They're utilized for outdoor activities including trekking, mountaineering, cycling, and rainy-day work.

The Asia Pacific had the highest revenue share of 32.31 % in 2019 and is predicted to maintain its lead throughout the projected period.

Global Waterproof Socks Market

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Global Waterproof Socks Market Dynamics

Consumer demand for multifunctional sportswear is growing, as seen by the need for waterproof socks among adventure enthusiasts who participate in activities like cycling, jogging, hiking, mountain biking, and snow sports. Furthermore, most waterproof socks are unisex, meaning they may be worn by both men and women. Men and women throughout the world are increasingly interested in multipurpose clothing, which is projected to boost the market for waterproof socks. One of the most prominent reasons driving demand for waterproof socks in the global market has been the activities of the millennial generation and their opinions of various consumer items.

Waterproof socks, known to be antibacterial, have seen a spike in healthcare demand. These are designed to address the demands of infected people and the problem of viruses and bacteria. In particular, they become particularly important during outdoor activities. Many medical experts thus prefer them to prevent bacterial invasion. There has been an increase in customer preference for antimicrobial waterproof socks such as Dexshell Coolvent and Hydroskin Wet Socks, which has fueled the waterproof socks market's growth. One of the challenges facing the waterproof socks market is low market penetration in developing countries such as Brazil, Mexico, India, Thailand, Peru, and others.

The global waterproof socks market is growing from an increase in demand from sports enthusiasts

United States, China, and Japan are widely recognized for the practice of different adventurous sports, which suggests the large-scale utilization of waterproof socks in the above-mentioned countries.

Global Waterproof Socks Market Segmentation Analysis

By Material, the Nylon segment largest segment of the market; it accounted for 65% of the total market share in 2019. Nylon is used for the outside layer of the socks by major market players such as Dexshell and Sealskinz, while Merino wool is used for the inside layer. Merino wool gives cushioning, an odor-free experience, and comfort to customers, while nylon makes the outer layer abrasion-resistant and quick-drying. Market participants are additionally producing socks for everyday usage as well as for outdoor activities, broadening the market's scope. The waterproof socks were made more cost-effective and environmentally friendly by using bamboo rayon. They're also softer and more durable than merino wool. They do not, however, provide good odor control.

Global Waterproof Socks Market

By End User, millennial frequently seek out weekend adventures that include cycling, water sports, trekking, and camping, among other things. Furthermore, in the projected period, rising awareness of health-related activities is predicted to boost demand for sports-related activities. As a result, over the projected period, the adult segment is expected to dominate market demand. Adults in North America and Europe are becoming more interested in adventure activities like hiking, cycling, and water sports, which is fueling the demand for waterproof socks. These socks are sweat-, water-, and odor-resistant, making them popular among athletes.

By Distribution Channel, due to social media branding and conveniences such as doorstep delivery, the e-commerce business is developing at an alarming rate. In the projection period, the offline retailer’s sub-segment is expected to develop at a stable rate. Because consumers increasingly want to check items rather than wasting time on exchange, the store-based sub-segment is expected to dominate the forecast period.
Competitive Landscape

Major manufacturers use a variety of techniques, including new product launches, mergers and acquisitions, and foraying into new markets to grow their footprints. As an example, ArcticDry introduced ArcticDry Xtreme waterproof socks with exciting new features. It has three layers to keep water out and is also breathable. Then it introduced Waterfly, which is another extremely water-resistant product. Not only does the firm appear to be at the forefront of innovation, but it is also aggressively seeking to broaden its product offering.

Showers Pass Waterproof socks were introduced, and Sealskinz introduced Super Thin Mid, Super Thin Ankle, Super Thin Pro Ankle with Hydrostop, and Super Thin Pro Mid Sock, in addition to Hydrostop waterproof socks.
Global Waterproof Socks Market Regional Analysis

The Asia Pacific had the greatest market for waterproof socks because snow activities, hiking, and hiking are becoming increasingly popular in the region. For example, according to a report issued in March 2019 on Special Interest Sector by New Zealand Tourism, 30 percent of vacation travelers participate in winter skiing.

Europe is the second-largest market for waterproof socks, owing to the popularity of winter and mountain activities, particularly in Northern and Western Europe. The growing popularity of outdoor leisure activities and winter sports in North America, such as ice skating, skiing, sledding, snowboarding, and snowmobiling, positions it as a very profitable market for waterproof socks. According to National Ski Areas Association statistics, around 67.4 million skiers and snowboarders visited the United States in 2019. (NSAA). According to the Outdoor Industry Association's 2017 Outdoor Recreation Economy report, annual consumer spending on outdoor recreational activities such as trail sports, snow sports, water sports, camping, fishing, hunting, wheel sports, and wildlife viewing in the United States is estimated to be around US$ 887 billion.

The objective of the report is to present a comprehensive analysis of the Global Waterproof Socks Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.

The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the Global Waterproof Socks Market dynamics, structure by analyzing the market segments and project the Global Waterproof Socks Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Waterproof Socks Market make the report investor’s guide.
Global Waterproof Socks Market Scope: Inquire before buying

Global Waterproof Socks Market
Global Waterproof Socks Market by Region

• North America
• Asia pacific
• Europe
• Middle East and Africa
• South America
Global Waterproof Socks Market Key Players

• Sealskinz
• Wigwam Corporation
• Rocky Brands
• Bridgedale
• CAMARO Erich Roiser GmbH
• Stance
• Recreational Equipment, Inc
• LENNON PERFORMANCE PRODUCTS LTD
• Okamoto Corporation
• Footland Inc
• DEXSHELL
• Showers Pass
• RANDY SUN
• Seavenger
• Henderson Neosport
• NRS
• Injinji, Inc
• Northern Diver
• Wrightsock
• Wildfire Sports & Trek

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