Socks - Italy
Italy- in Italy, a country known for its fashion industry, is also a significant player in the Socks market.
- In 2024, the revenue in this segment amounts to US$369.90m.
- Looking ahead, the market is projected to grow annually by 0.61%, as a Compound Annual Growth Rate (CAGR) from 2024 to 2029.
- When comparing the global market, China leads the way with a substantial revenue of US$3bn in 2024.
- This highlights China's dominance in the industry.
- In terms of per capita figures, each individual in Italy generates revenues of US$6.30 in 2024.
- This indicates the significance of the Socks market and its contribution to the overall economy.
- Moving forward, the volume in the Socks market is expected to reach 93.2m pieces units by 2029, showcasing a steady growth trajectory.
- In 2025.0 alone, a volume growth of -0.1% is projected, signifying the market's resilience and potential for expansion.
- On average, each person in Italy is expected to purchase 1.6pieces units in the Socks market in 2024.
- This reflects the demand for socks and the market's ability to cater to consumers' needs.
- Italian sock manufacturers are renowned for their high-quality craftsmanship and intricate designs, making Italy a global hub for luxury sock brands.
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
