Waterproof Socks Market - Global Trends and Forecast to 2025

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Waterproof Socks Market - Global Trends and Forecast to 2025

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The waterproof socks market was valued at US$ 3,790.1 million in 2016 and is projected to register a CAGR of 8.0%in terms of revenue, over the forecast period (2017 – 2025) – PowerPoint PPT presentation

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Title: Waterproof Socks Market - Global Trends and Forecast to 2025


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Waterproof Socks Market - Global Industry
Insight, Trends, Outlook, and Opportunity
Analysis 2017-2025

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REPORT DESCRIPTION
Waterproof Socks Market Overview
Waterproof socks are socks equipped with a
membrane that is resistant to water penetration.
They are usually made up of three layers, wherein
the outer layers prevents abrasion by shoes, the
inner layer provides insulation and comfort, and
the middle membrane prevents water penetration
from outside and provides breathability by
allowing the vapor to pass outside. Waterproof
socks are breathable, stretchable, flexible,
windproof, provide thermal protection, and
prevent the feet from getting wet. They are used
for outdoor activities such as hiking,
mountaineering, cycling, and working in the
rains. Growing demand for multifunctional
apparel and accessories with properties such as
windproof, waterproof, and breathable for outdoor
activities such as snow sports as well as growing
popularity of ecotourism are driving growth of
the market for waterproof socks. The recent past
has witnessed a trend of increasing consumer
inclination towards anti-microbial waterproof
socks such as Dexshell Coolvent, Hydroskin Wet
Socks, in turn, fueling growth of the waterproof
socks market. Low market penetration in
developing countries such as Brazil, Mexico,
India, Thailand, Peru and others is one of the
challenge to the waterproof socks market. Among
gender segments, the males segment accounted for
the highest market share in 2016, due to high
inclination of the male population towards
outdoor activities such as hiking.
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REPORT DESCRIPTION
For instance, according to New Zealand Tourism,
51 of international walking and hiking tourists
visiting New Zealand were recorded to be males
during 20092013. Among age groups, the 30-45
years was the largest segment, as people in this
age category are actively involved in activities
such as hiking, mountaineering, and snow sports.
For instance, according to New Zealand Tourism,
32 and 13 of walking and hiking tourist
visiting New Zealand were in the age group of 25
to 34 years and 35 to 44years, respectively
during 20092013. Asia Pacific was the largest
market for waterproof socks due to increasing
popularity of snow sports, hiking, and trekking
in the region. For instance, according to report
published on Special Interest Sector by New
Zealand Tourism in March 2017, 30 of holiday
tourists are engaged in winter ski. Europe is the
second-largest market for waterproof socks, as
winter sports and mountain sports are very
popular, especially in the Northern and Western
Europe. Increasing popularity of outdoor
recreational activities and winter sports such as
ice skating, skiing, sledding, snowboarding, and
snowmobiling in North America, position it as a
highly lucrative market for waterproof socks.
Around 57.4 million skiers and snowboarders
visited the U.S. during 20132014 as per stats
released by National Ski Areas Association
(NSAA). Request sample Copy of this
Reporthttps//www.coherentmarketinsights.com/insi
ght/request-sample/1063

4
REPORT DESCRIPTION
The waterproof socks market was valued at US
3,790.1 million in 2016 and is projected to
register a CAGR of 8.0in terms of revenue, over
the forecast period (2017 2025). Asia Pacific
held the largest revenue share of 32.31 in 2016
and is expected to retain its dominance over the
forecast period. The market players operating in
the waterproof socks market are adopting various
strategies such as new product launches to retain
a strong foothold in the market. For instance, in
October 2017, Showers Pass launched Showers Pass
Waterproof socks and Sealskinz launched Super
Thin Mid, Super Thin Ankle, Super Thin Pro Ankle
with Hydrostop, and Super Thin Pro Mid Sock along
with Hydrostop waterproof socks. Key players
operating in the waterproof socks market include
DexShell, Sealskinz, Showers Pass, Rocky, Wigwam
Corporation, Camaro GesmbH, Randy Sun, Seavenger,
Neo Sport, and NRS. To Get Discount on this
Report https//www.coherentmarketinsights.com/ins
ight/request-discount/1063
5
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