Socks - Guinea
Guinea- In the year 2024, the Socks market in Guinea generated a revenue of US$2.26m.
- It is projected that the market will experience an annual growth rate of 2.27% (CAGR 2024-2029).
- When compared to other countries worldwide, China leads in revenue generation with a staggering amount of US$4bn in 2024.
- In terms of per capita income, each person in Guinea contributed US$0.16 to the revenue in 2024.
- Looking specifically at the Socks market, the volume is estimated to reach 8.9m pieces by 2029.
- There is an anticipated growth of 5.0% in 2025.0.
- On average, each person in Guinea is expected to contribute 0.5pieces in volume to the Socks market in 2024.
- Despite the warm climate in Guinea, traditional African print socks are gaining popularity among fashion-conscious locals.
Definition:
The Socks market encompasses hosiery for women 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
