Waterproof Socks Market Overview:

According to a new report published by Maximize Market Research titled Waterproof Socks Market by Intelligent Virtual Assistant, End User, Distribution Channel, Price, and Geography: Industry Analysis and Forecast (2021-2027), the Waterproof Socks market size is expected to reach US$ 21.44 billion by 2027 at a CAGR of 17.1% from 2021 to 2027.

Research assists decision makers in devising strategies and plans for their regions by analysing trends in the market, the industry environment, dominant characteristics of the market, and their short- and long-term ramifications.

The study investigates the effect of COVID-19 lock-down on the earnings of industry leaders, followers, and disruptors. Because lockdown was implemented differently in different locations and countries, the impact varies by region and segment. The research has covered the current short and long term market impact, which will assist decision makers in preparing the framework for short and long term strategies for enterprises by region.

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Waterproof Socks Market Dynamics:

The need for waterproof socks among adventure enthusiasts who participate in activities such as cycling, jogging, hiking, mountain biking, and snow sports is increasing consumer demand for multifunctional sportswear. Furthermore, the majority of waterproof socks are unisex, which means they can be worn by both men and women. Men and women all over the world are becoming more interested in multipurpose clothing, which is expected to drive the market for waterproof socks. The activities of the millennial generation and their opinions on various consumer items have been one of the most prominent factors driving demand for waterproof socks in the global market.

Waterproof socks, which are antibacterial, are in high demand in the medical field. These are intended to address the needs of infected people as well as the issue of viruses and bacteria. They are especially important when participating in outdoor activities. As a result, many medical professionals prefer them to prevent bacterial invasion. Customer preference for antimicrobial waterproof socks such as Dexshell Coolvent and Hydroskin Wet Socks has increased, fueling the growth of the waterproof socks market. Low market penetration in developing countries such as Brazil, Mexico, India, Thailand, Peru, and others is one of the challenges facing the waterproof socks market.

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Waterproof Socks Market Segmentation:

By material, the Nylon segment is the market's largest segment, accounting for 65 percent of total market share in 2019. Major market players such as Dexshell and Sealskinz use nylon for the outside layer of their socks, while Merino wool is used for the inside layer. Customers benefit from cushioning, an odor-free experience, and comfort provided by merino wool, while nylon makes the outer layer abrasion-resistant and quick-drying. Socks for everyday use as well as outdoor activities are being produced by market participants, broadening the market's scope. Bamboo rayon was used to make the waterproof socks more cost-effective and environmentally friendly. They're also softer and longer-lasting than merino wool. They do not, however, control odours well.

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
COVID-19 Impact Analysis on Waterproof Socks Market:

The report investigates consumer and demand movements, purchasing behaviour, supply chain transformations, and current market power dynamics. This updated report discusses the impact of COVID-19 on the Smart Textile market, as well as insights, analyses, estimates, and predictions. In this report, we look at how the COVID-19 lockout has affected market leaders, followers, and disruptors. The impact varies by location and region depending on how the lockdown was implemented.

Waterproof Socks Market, Key Highlights:

The report provides analysis and projection of the Waterproof Socks market in terms of value.
Market drivers, constraints, and opportunities driving the growth of the Waterproof Socks Market are all examined in depth.
The Waterproof Socks Market has been segmented based on Intelligent Virtual Assistant, End User, Distribution Channel, Price, and geography (country-wise).
This report analyses the Waterproof Socks Market with respect to individual growth trends, future prospects, as well as the contribution of various submarket stakeholders.
Analysis and forecasts for the Waterproof Socks market for five key regions: North America, Europe, Asia Pacific, the Middle East and Africa (MEA), and Latin America, as well as country-level segmentation.
A profile of key industry participants and an analysis of core competencies are included, in addition to strategic perspectives, market positioning, and analyses of core competencies.
The top companies active in the Waterproof Socks Market are profiled in terms of their competitive advancements, investments, strategic growth, and competitive landscape.
About Maximize Market Research:

Maximize Market Research, an industry research firm with a dedicated team of specialists and data, has conducted comprehensive research on the Waterproof Socks market. Maximize Market Research provides B2B and B2C research on 6,500 high-growth, emerging technologies for the chemical, healthcare, pharmaceutical, electronics, Internet of Things, food and beverage, aerospace, and defence industries. Maximize Market Research analyses the competitive landscape of sectors in addition to evaluating and estimating market size.

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