Product Code: ETC051429 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Philippines Socks Market is poised for steady growth rate improvements from 2025 to 2029. From 10.48% in 2025, the growth rate steadily ascends to 23.97% in 2029.
Philippines's Socks market is anticipated to experience a high growth rate of 13.95% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.
The Philippines sock market is projected to grow at a CAGR of 4.1% during the forecast period 2025-2031. The increasing demand for comfortable and fashionable socks, growing online sales of footwears as well as rising awareness regarding personal hygiene are some of the major factors driving the growth of this market in Philippines. Additionally, rising health consciousness among consumers and increasing disposable income has also had a significant impact on the growth rate of this sector in recent years
Growing Demand for Comfortable and Fashionable Socks: Increasing focus by consumers on comfort and fashion while purchasing footwear items such as socks is one of the major drivers propelling the growth rate of this industry in Philippines. With improved technology, manufacturers are able to create more durable yet light weight materials for their product offerings that offer superior comfort without compromising on style or design elements which makes it an attractive option among buyers looking to purchase high quality products at reasonable prices
High Cost Of Raw Materials: One major challenge faced by players operating within Philippine socks market is rising cost associated raw materials used production process due fluctuating prices commodities such cotton yarn fiber along higher transportation costs increase overall operational expenses thus impacting bottom line profits companies involved . This can be hurdle profitability discouraging investment certain extent slowing down overall expansion plans related domain .
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Socks Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Socks Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Socks Market - Industry Life Cycle |
3.4 Philippines Socks Market - Porter's Five Forces |
3.5 Philippines Socks Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Philippines Socks Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Philippines Socks Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Philippines Socks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Socks Market Trends |
6 Philippines Socks Market, By Types |
6.1 Philippines Socks Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Philippines Socks Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Philippines Socks Market Revenues & Volume, By Casual, 2021-2031F |
6.1.4 Philippines Socks Market Revenues & Volume, By Formal, 2021-2031F |
6.1.5 Philippines Socks Market Revenues & Volume, By Athletic, 2021-2031F |
6.2 Philippines Socks Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Socks Market Revenues & Volume, By Men, 2021-2031F |
6.2.3 Philippines Socks Market Revenues & Volume, By Women, 2021-2031F |
6.2.4 Philippines Socks Market Revenues & Volume, By Children, 2021-2031F |
6.3 Philippines Socks Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Philippines Socks Market Revenues & Volume, By Hypermarket & Supermarket, 2021-2031F |
6.3.3 Philippines Socks Market Revenues & Volume, By Convenience Store, 2021-2031F |
6.3.4 Philippines Socks Market Revenues & Volume, By Online, 2021-2031F |
7 Philippines Socks Market Import-Export Trade Statistics |
7.1 Philippines Socks Market Export to Major Countries |
7.2 Philippines Socks Market Imports from Major Countries |
8 Philippines Socks Market Key Performance Indicators |
9 Philippines Socks Market - Opportunity Assessment |
9.1 Philippines Socks Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Philippines Socks Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Philippines Socks Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Philippines Socks Market - Competitive Landscape |
10.1 Philippines Socks Market Revenue Share, By Companies, 2024 |
10.2 Philippines Socks Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |