Syndicated Analytics latest report titled “Socks Project Report: Industry Trends, Manufacturing Process, Plant Setup, Machinery, Raw Materials, Investment Opportunities, Cost and Revenue 2022-2027” covers all the aspects including industry performance, key success and risk factors, manufacturing requirements, project costs and economics, expected returns on investment, profit margins, etc. required for setting up an socks manufacturing plant. The study, which is based both on desk research and multiple waves of qualitative primary research, is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who are planning to foray into the socks industry in any manner.
Socks refer to the pairs of woven covering materials that are worn on the feet to prevent shoes from rubbing on bare feet or provide warmth to the feet. They are manufactured using numerous materials, such as polyester, olefins, spandex, silk, bamboo, linen, cotton, wool, nylon, acrylic, cashmere, etc., which are utilized based on individual consumer requirements and weather conditions. Socks are generally used in casual, formal, and athletic applications. They also help in improving cracked heels, preventing blister formations, protecting germs and bacterial infections, reducing stress on feet, etc. Socks are widely available at supermarkets, hypermarkets, online stores, retail shops, etc.
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The rising working professionals, along with the emerging trend of formal attire at the workplace, is primarily driving the global socks market. Furthermore, the increasing number of individuals opting for sports as a career option is catalyzing the demand for compression socks, which are preferred during sports activities to uplift the blood flow and reduce jarring, vibration, and muscle stress. Apart from this, several product innovations, such as the introduction of diabetic socks that help diabetic patients improve blood circulation, prevent the risk of foot injuries, and minimize feet swelling, are further providing a positive outlook to the global market. Additionally, the growing usage of innovative technologies to launch socks with improved durability and enhanced water or sweat-soaking abilities is also contributing to the market growth. Moreover, several other factors, including the wide availability of socks across online retail platforms and the growing number of people participating in adventurous activities, such as hiking and bridge climbing, which require a good pair of socks, are anticipated to drive the global socks market in the coming years.
The project report on socks covers the following aspects:
- Market Snapshot (Market Performance, Segments, Regional Insights, Covid-19 Impact and outlook)
- Manufacturing Process:
- Project Details, Requirements and Costs Involved
- Project Economics
- Regulatory Procedures and Approval
- Key Success and Risk Factors
In case you need any specific business requirements, you can mention the same. We can customize the report based on the specific needs of the client.
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Note: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
About Us: Syndicated Analytics, a subsidiary of IMARC Group, offers consulting services and provides comprehensive market intelligence in the form of research reports, production cost reports and feasibility studies. Our team, consisting of experienced researchers and analysts from diverse industries, is deeply committed to the quality of the information and insights delivered to the clients, which range from small and medium enterprises to Fortune 1000 companies. These firms are able to achieve this by studying the qualitative and quantitative aspects of the market as well as staying up-to-date with the current and the evolving trends of the industry.
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