Socks - Mauritius
Mauritius- In 2024, the revenue generated in the Socks market in Mauritius amounts to MUR US$3.74m.
- Based on current projections, the market is expected to grow annually by 0.82%, representing a compound annual growth rate (CAGR) for the period between 2024 and 2029.
- When compared globally, it is worth noting that China generates the highest revenue in the Socks market, with a staggering amount of MUR US$3bn in 2024.
- In terms of per capita figures, the revenue generated per person in Mauritius in 2024 amounts to MUR US$2.88.
- This provides valuable insight into the individual spending power within the country's Socks market.
- Looking ahead to 2029, it is projected that the volume in the Socks market will reach 1.4m pieces units.
- However, there is a slight expected decline in volume growth of -0.6% in 2025.0.
- Furthermore, the average volume per person in the Socks market is forecasted to be 1.1pieces units in 2024, providing an indication of the consumption patterns within the market.
- Mauritius is experiencing a surge in demand for locally made, handcrafted socks, reflecting the country's commitment to supporting local artisans and promoting sustainable fashion.
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
