Global Children’s Socks Market to Reach US$ 9800 Mn By 2025 End

Initially, socks were made with leather and matted animal hair or fur. Due to rapid industrialisation, machine knitting emerged as a key method to manufacture socks. It has been observed that the manufacturers are trying to come up with attractive designs in socks and are selling them in multiple pairs in order to attract a large number of customers. In addition, growth of the e-commerce industry is expected to open up new avenues for the Children’s Socks market in the near future. Increasing birth rate, surge in the disposable income, and easy availability of the product may positively influence the Children’s Socks market growth in the forthcoming years. Taking into account the growth of the global Children’s Socks market, QYR Consulting has lately published a new report named, “Global Children’s Socks Market Report, History and Forecast 2014 – 2025.” According to the report, the global Children’s Socks market was US$ 8126 Mn in 2018 and is expected to reach US$ 9800 Mn by the end of 2025. The global Children’s Socks market is predicted to exhibit a sluggish CAGR of little more than 2.6 % during the forecast period of 6 years, i.e. between 2019 and 2025.