Socks - Rwanda
Rwanda- The Socks market in Rwanda is projected to generate a revenue of US$2.56m in 2024.
- This market is expected to grow annually by 3.62% (CAGR 2024-2029).
- When compared globally, China generates the highest revenue in this segment, amounting to US$3bn in 2024.
- In terms of per person revenues, in Rwanda generates US$0.18 in 2024.
- Looking at the volume of the Socks market, it is anticipated to reach 5.5m pieces by 2029.
- The growth rate for the Socks market in 2025.0 is projected to be 5.5%.
- On average, each person in Rwanda is expected to purchase 0.3pieces volumes of socks in 2024.
- Rwandan consumers are increasingly embracing locally-made socks, reflecting a rising trend of supporting domestic industries.
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
