South Korea Athletic Socks Market was valued at USD 0.3 Billion in 2022 and is projected to reach USD 0.5 Billion by 2030, growing at a CAGR of 5.8% from 2024 to 2030.
The South Korea Athletic Socks Market has witnessed significant growth, driven by the increasing demand for performance-oriented footwear among athletes and fitness enthusiasts. With a rising focus on health and fitness, athletic socks have become essential for athletes of all levels. These socks provide comfort, support, and moisture-wicking properties, improving the overall performance during sports activities. The market for athletic socks in South Korea is expected to expand rapidly as industries such as sportswear, retail, and healthcare require specialized products tailored to meet specific needs.
One of the primary factors fueling the growth of the athletic socks market is the increasing number of people engaging in fitness activities. From professional athletes to casual gym-goers, South Koreans are increasingly aware of the importance of proper athletic gear. This has created a demand for high-quality socks that offer performance-enhancing features such as arch support, cushioned soles, and breathable fabrics. These features help prevent common injuries, reduce foot fatigue, and provide a more comfortable fit during intense physical activity.
In addition to fitness enthusiasts, South Korean sports teams and professionals are also significant contributors to the demand for athletic socks. The requirement for socks tailored for specific sports, such as running, soccer, basketball, and cycling, has become a growing trend in the market. Specialized socks designed to offer targeted support for specific movements in these sports are in high demand. The need for innovation in materials that enhance moisture control, durability, and elasticity has led to increased investment in the development of advanced textiles and sock designs.
The healthcare sector is another key player in the South Korea Athletic Socks Market. Medical professionals often recommend specialized athletic socks to patients with conditions like poor circulation, varicose veins, or diabetes. These socks are designed with features like compression, enhanced blood flow support, and cushioned soles to improve circulation and provide comfort during long hours of standing or walking. As the South Korean population ages, the demand for such products is expected to rise.
The retail sector, particularly e-commerce platforms, plays a crucial role in the growth of the athletic socks market in South Korea. Consumers are increasingly opting to purchase socks online, taking advantage of convenience and a wider range of product offerings. Brands that cater to the needs of different customer segments, such as athletes, healthcare users, and general consumers, are benefiting from the growing trend of online shopping.
Overall, the South Korea Athletic Socks Market is expected to continue evolving, driven by the growing need for specialized products across various industries, from sports to healthcare. As innovation and consumer demand push the boundaries of sock technology, the market will see more diversity in terms of design, materials, and functionality.
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Nike
Adidas
PUMA
New Balance
Skechers
ASICS Corporation
VF Corporation (VFC)
Anta
Under Armour
Wolverine Worldwide
Hanesbrands
Li Ning
Lululemon Athletica
Xtep
361°
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Athletic Socks Market
Ankle Socks
Crew Socks
Compression Socks
Thermal Socks
Low-Cut Socks
Cotton
Nylon
Polyester
Wool
Bamboo Fiber
Men
Women
Unisex
Running
Training and Fitness
Hiking
Basketball
Cycling
Budget-Friendly
Mid-Range
Premium
Luxury
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Athletic Socks Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Athletic Socks Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Athletic Socks Market, By Type
6. South Korea Athletic Socks Market, By Application
7. South Korea Athletic Socks Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Athletic Socks Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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