Socks - Indonesia
Indonesia- The Socks market in Indonesia generated a revenue of US$139.30m in 2024.
- It is projected to experience an annual growth rate of 5.40% (CAGR 2024-2029).
- When compared globally, China leads in terms of revenue with a staggering US$3bn in 2024.
- On a per capita basis, each person in Indonesia contributed US$0.50 in revenue in 2024.
- Looking ahead, the volume in the Socks market is expected to reach 68.2m pieces by 2029.
- In 2025.0, the segment is forecasted to grow by 0.9% in volume.
- Furthermore, the average volume per person in the Socks market is projected to be 0.2pieces in 2024.
- Indonesia is witnessing a surge in demand for colorful and patterned socks, as fashion-conscious consumers seek to add a pop of personality to their outfits.
Definition:
The Socks market encompasses hosiery for men that covers 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
