Published Date: 26-May-2023
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According to a new report, published by KBV research, The Global Diabetic Socks Market size is expected to reach $463.9 Million by 2029, rising at a market growth of 5.8% CAGR during the forecast period.
The Offline market is leading the Global Diabetic Socks Market by Distribution Channel in 2022; thereby, achieving a market value of $315.9 million by 2029. Consumer preferences are shifting in favor of offline retailers like pharmacies and drugstore hypermarkets, as seen by trends in the distribution channels. By physically inspecting the socks' quality and durability before purchasing, consumers prefer to do it in stores. One of the primary factors driving the market growth is that consumers are becoming more aware of the quality of medical-grade items.
The Knee Length market would showcase a CAGR of 6% during (2023 - 2029). When there is poor blood circulation, knee-length socks are typically preferable. These socks are made to regulate moisture to lower the chance of a fungus infection or with cushioning to avoid foot ulcers. For instance, Skinnies Therapeutic Socks feature specialized synthetic yarn that helps maintain emollients and lotions while removing some moisture to efficiently moisturize the skin.
The North America market dominated the Global Diabetic Socks Market by Region in 2022; thereby, achieving a market value of $169.2 million by 2029. The Asia Pacific market is estimated to grow at a CAGR of 6.3% during (2023 - 2029). Additionally, The Europe market would experience a CAGR of 5.5% during (2023 - 2029).
Full Report: https://www.kbvresearch.com/diabetic-socks-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country-wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Enovis Corporation, I-Runner (Healer Health LLC), Orthofeet, Inc., Knit-Rite, LLC, Drew Shoe Corporation, Creswell Sock Mills, HJ Sock Group Ltd. (Pantherella International Group Ltd), Syounaa (Nishikaa Garments International LLP), and Simcan Enterprises Inc.
By Distribution Channel
Unique Offerings from KBV Research
North America Diabetic Socks Market size & Opportunities 2023-2029
Europe Diabetic Socks Market & Growth Forecast 2023-2029
Asia Pacific Diabetic Socks Market Share & Industry Outlook to 2029
LAMEA Diabetic Socks Market Growth, Trends & Forecasts 2023-2029