NEW YORK, Dec. 24, 2021 /PRNewswire/ — The “Waterproof Socks Market by Product (nylon, merino wool, polypropylene, and bamboo rayon) and Geography (APAC, Europe, North America, South America, and MEA) – Forecast and Analysis 2022-2026” report has been added to Technavio’s offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.
44% of the market’s growth will originate from APAC during the forecast period. China and Japan are the key markets for waterproof socks in APAC. Market growth in APAC will be faster than the growth of the market in other regions. The rising consumer awareness about health and fitness and the increased demand for good-quality shoes and sports accessories among adults will facilitate the waterproof socks market growth in APAC over the forecast period
The potential growth difference for the waterproof socks market between 2021 and 2026 is USD 1.89 billion. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.
Key Market Dynamics:
Waterproof Socks Market Driver
Waterproof socks are extremely versatile. They can be worn on muddy mountain biking trails, as well as for hiking, trail running, crossing rivers, camping, fishing, and even kayaking. These can also be used while commuting on rainy days as they keep the feet dry. This boosts the growth of the market in focus.
Waterproof Socks Market Challenges
Waterproof socks are comprised of three components: a knit outside sock, a waterproof membrane, and a knit internal sock. Waterproof socks are thicker than regular athletic socks because the outer and inner socks must be thick enough to protect the waterproof membrane from abrasion. They are