Chemical Research Report Waterproof-Socks-Market

Waterproof Socks Market - Size, Share, Outlook, and Opportunity Analysis, 2018 - 2026 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 (2018 – 2025). 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. Request Sample Copy of this Business Report @ https://www.coherentmarketinsights.com/insight/request-sample/1063 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. For instance, according to New Zealand Tourism, 51% of international walking and hiking tourists visiting New Zealand were recorded to be males during 2009–2013. 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 2009–2013.