Socks - Armenia
Armenia- The revenue generated in the Socks market in Armenia is projected to reach US$1.44m in 2024.
- This market is expected to grow annually by 4.54% (CAGR 2024-2029).
- When compared globally, China generates the highest revenue in this segment, with an estimated amount of US$1bn in 2024.
- In terms of per person revenues in Armenia, each individual is expected to contribute US$0.52 in 2024.
- The volume of the Socks market is anticipated to reach 996.9k pieces by 2029.
- However, there is a slight decline of -1.4% expected in 2025.0.
- On average, each person in Armenia is expected to contribute 0.4pieces in terms of volume in the Socks market in 2024.
- The demand for high-quality woolen socks in Armenia has been steadily increasing, as locals appreciate the warmth and durability they provide in the country's cold winters.
- Key regions:
- Europe,
- India,
- Philippines,
- Indonesia,
- United States
Definition:
The Socks market encompasses hosiery for children that cover the foot and, at times, the leg up to the knee.
Additional Information:
The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit, sustainable apparel share, and sales channels. Online channel distribution refers to the purchase of physical goods in online retail. In other words, the purchase is concluded via the internet – on a desktop PC, tablet, or smartphone. The offline distribution channel covers all purchases in stationary stores made via telesales or mail orders (e.g., print catalogs).
In-Scope
- Socks
Out-Of-Scope
- Women's stockings
- Tights
