Socks - Lebanon
Lebanon- The revenue generated in the Socks market in Lebanon amounted to US$1.95m in 2024.
- It is projected that the market will experience an annual growth rate of -4.63% (CAGR 2024-2029).
- When compared globally, China generates the highest revenue in this segment, with US$1bn in 2024.
- In terms of per capita revenue, each person in Lebanon generates US$0.37 in 2024.
- Looking ahead, it is expected that the volume in the Socks market will reach 5.1m pieces by 2029.
- However, a slight decline in volume growth is anticipated in 2025.0, with a rate of -5.1%.
- On average, each person in Lebanon is expected to purchase 1.3pieces pairs of socks in 2024.
- Lebanon's sock market is experiencing a surge in demand for high-quality, locally-made socks due to the growing preference for sustainable and ethically-produced fashion.
- 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
