Waterproof Socks Market to reach USD 28.0 million in 2022 and USD 33.9 million in 2027 | FMI

Future Market Insights (FMI) has published a new market research report on social employee recognition systems. The report has been titled, Global Waterproof Socks Market Global Industry Analysis, Forecast.

 As per newly released data by Future Market Insights (FMI), the waterproof socks market is estimated at USD 28.0 million in 2022 and is projected to reach USD 33.9 million by 2027, at a CAGR of 3.3% from 2013 to 2021

Long-term contracts with large enterprises and private companies are likely to aid the expansion of business revenues, and innovation in the industry will enable social employee recognition system vendors to reach out to new potential customers in emerging markets. These factors are expected to help the global market for social employee recognition systems observe stellar growth in next few years.

The team of researchers at Future Market Insights are focussing on research and market study to produce different Waterproof Socks Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Waterproof Socks Market.

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2013-2021 Global Waterproof Socks Market Outlook Compared to 2022-2027 Forecast

Waterproof socks have been gaining traction among target customers, especially among people involved in activities such as trekking, swimming, cycling, snow sports, etc. Waterproof socks are a new type of socks that have been designed to meet the requirements of customers engaged in the adventure and sports industries.

Furthermore, waterproof socks are also being considered as a hygienic consumer goods since they are anti-bacterial by property. There are various diseases that one suffers from, which are mostly caused by various harmful bacteria and viruses. As a result, most healthcare professionals urge people to wear waterproof socks. Waterproof socks tend to prevent bacteria from entering into the feet during outdoor or extra-curricular activities.

Competitive Landscape

Companies operating in ring light market are aiming for strategic collaborations and partnerships with other manufacturers to expand their product portfolio to address the demand of an expanding patient pool.

• In April, 2021, Pixco, announced its new product, the Pixco RL-4955 18” LED Ring Lights Built-in Live Sound Card. The product aimed towards YouTubers, vloggers, content creators and influencers to broadcast high quality professional content on any platform.
• Elgato launched a 17-inch ring light, with a range of warm and cool color options with brightness up to 25,000 lumens.
• Neewer revealed its new 18-inch ring light kit including a 18-inch outer 5500K LED ring light, a series of color filters, a 61-inch light stand, a smartphone holder, a ball head hot shoe adapter for DSLR cameras, and a power adapter.

Key Players

Global Waterproof Socks Market key vendors include:

• Wigwam Corporation
• Camaro GmbH
• Randy Sun
• Bridgedale Outdoor Ltd.
• Okamoto Corporation
• Recreational Equipment, Inc

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Segmentation

The Waterproof Socks market is segmented into application, form, end use industry, source and geography.

On the basis of product type

• mid-calf length waterproof socks
• ankle-length socks
• knee-length socks

On the basis of application

• trekking
• water sports
• cycling
• snow sports
• outdoor
• other activities

On the basis of gender

• male
• female
• unisex

On the basis of sales channel

• wholesaler/distributor
• supermarket/hypermarket
• specialty store
• independent store, club store
• online store

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Regional Segments Analyzed Include

• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC, S. Africa, N. Africa)

Important changes in market dynamics

The report has been created after detailed and exhaustive studies by the analysts at FMI taking several factors into consideration like monetary, ecological, social, mechanical, and political status of a particular demography. They study the key data to assess the revenue and production of manufacturers across various regions. The report also covers an in-depth analysis of the key changes in market dynamics in the recent past and the near future.