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Sport Socks Market Poised to Expand at a Robust Pace over 2016

Time:2017-03-18 02:56Shoes websites Click:

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The Sport Socks Market report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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New York, NY -- (SBWIRE) -- 03/17/2017 -- Sport Socks Market Drivers

It is advised not to wear training shoes or boots barefooted while exercising as this can potentially cause serious harm to your feet. It can not only get you get infected by unwanted bacteria but can also be very inconvenient. That is why the sports socks market is directly linked to the athletic wear or sports shoe market. Any rise in sales of the latter will definitely impact the former. Sports socks or athletic socks currently account for the largest market share in the global socks market and this is anticipated to remain during the forecast period since they can also be used for a number of other applications.

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The second driver of the sports socks market is the affordable price of sports socks. While some luxury socks made of high-quality fabrics like rare animal wool can sell from $400 to $800 a pair, sports socks can be easily purchased for less than $50. This makes them far more likely to be used for a variety of reasons not related to sports. While their main purpose is for sports, rigorous activities or working out at the gym, sports socks can be matched with informal footwear in a casual setting. Nearly 70% of men wear socks every day and the growth of the men's apparel industry should also provide a fillip to the overall socks and thereby sports socks market.

Another driver is the emergence of newer man-made materials like nylon and polyester. While the vast majority of sports socks are made of cotton, innovations in other materials should lead to tougher competition and can be reasonably expected to grow the size of the entire sports socks market. Rising retail outlets in China, India, Brazil, Singapore and Malaysia, the proliferation of 4G LTE connectivity and e-commerce portals will help in no small part.

Sport Socks Market Key Players

Some of the key sports socks market players are Nike, Adidas, PUMA, ASICS, Thai Socks Corporation, Converse, Under Armour, Saucony, Dickies, and Darn Tough.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, types and applications.

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Report Highlights:

-Detailed overview of parent market
-Changing market dynamics in the industry
-In-depth market segmentation
-Historical, current and projected market size in terms of volume and value
-Recent industry trends and developments
-Competitive landscape
-Strategies of key players and products offered
-Potential and niche segments, geographical regions exhibiting promising growth
-A neutral perspective on market performance
-Must-have information for market players to sustain and enhance their market footprint

About Persistence Market Research
Persistence Market Research (PMR) is a full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients' business needs.

PMR stands committed to bringing more accuracy and speed to clients' business decisions. From ready-to-purchase market research reports to customized research solutions, PMR's engagement models are highly flexible without compromising on its deep-seated research values.

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