Global Gel Socks Market – Industry Trends and Forecast to 2030

Global Gel Socks Market, By Type (Non-Medical, Medical), Distribution Channel (Online, Offline, Supermarkets, Specialty Store, Retail Stores, Pharmacies and Clinics), End-User (Men, Women, Children) - Industry Trends and Forecast to 2030.

Gel Socks Market Analysis and Size

The essential factors contributing in the growth of global gel socks market in the forecast period of 2023-2030 includes, increase in awareness about health benefits for the patients’ suffering from diseases such as diabetes and arthritis, it is witnessed that the demand for diabetic gel socks has been growing significantly in recent years and the rising demand for sports socks and ankle socks among people are helping in the growth of the market.

Data Bridge Market Research analyses that the global gel socks market which was USD 199.79 million in 2022, is expected to reach USD 318.43 million by 2030, growing at a CAGR of 6% during the forecast period of 2023 to 2030. This indicates that the market value. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.

Gel Socks Market Scope and Segmentation

Market Definition

Gel socks are made of combination of soft cotton and spandex and are designed to reduce foot pain, which is a common in diabetic patients and other individuals. The unique and comforting designs of gel socks make them comfortable to wear for long periods, providing much relief. Vast market research suggests that the gel socks market has observed substantial growth in recent years. Along with this the rise in technological advancements in manufacturing have also contributed to the growth of the market.

Global Gel Socks Market Dynamics

Drivers

• Increasing demand for spa activities

The preferences of consumers are changing rapidly. The stress levels have also increased in past few years along with this the increase in disposable income are rising the demands for the spa activities. This is most likely to help in the growth of global gel socks market during the forecast period of 2023 to 2030 as gel socks are used more in the spas as compared to the other alternatives.

• Increasing awareness of healthcare

Increase in awareness about health benefits for the patients’ suffering from diseases such as diabetes and arthritis is the significant factor driving the global gel socks market. Diabetes hinders the movement of patients therefore, gel socks are used for smooth movements as el socks has shock absorbing gel. Thus, the rising demand of gel socks for the diabetes and arthritis patients would propel the global gel socks market.

• Increasing consumer interests

The consumer interest is increasing significantly in experiencing and opting wellness services for healthcare benefits and reduction of psychological stress will drive the growth of the global gel socks market during the forecast period of 2023 to 2030.

Opportunities

• Growing demand of gel socks among diabetics patients

The cases of diabetics are increasing day by day worldwide due to carelessness towards health and changing lifestyles. Gel socks will help the diabetes patients to protect the foot from injury, improve blood circulation and will keep the feet dry. The gel based padding in the socks will keep the patients irritation free along with this the risk of injury would be less.

• Increasing sports and athletics activities

The increasing sports and athletics activities among consumers is expected to increase the demand for athletic and sports gel socks. Along with this the growing demand for high quality shoes and sports accessories among people and the increasing number of health clubs are further helping in the growth of the gel socks market.

Restraints/ Challenges

• Not appropriate for every body type

It is noticed that gel socks does not work same and are not beneficial to everyone due to different body types. The fitting of the gel socks is tight, there is possibility that the pressure points in the socks will not work same for everyone due to different body types. Gel socks abrupt the airflow in the feet which would be problematic for those having sensitive feet.

• Lack of awareness about the use of gel socks

The global gel socks market is facing lot of challenges as there is less understanding of the usage and benefits of the gel socks. It is noticed that consumers are raising number of complaints about the products usage which would lay a negative impact on the growth of global gel socks market, though each detail about the usage and do’s and don’ts is mentioned on the packaging of the gel socks.

This gel socks market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the gel socks market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Development

• In January 2020, ZenToes developed special gel socks for dry heels to help keep the dry heels hydrate and also help the heels to breathe. This would attract more consumers as the gel socks have become more comfortable and relaxing.
• In February 2021, Smartknit offered links to online shops that sell their products, such as FootSmart and For Your Legs. Online links offered to the products will help Smartknit to increase their consumers as more people will be able to purchase the products which would significantly help in the growth of gel socks market.

Global Gel Socks Market Scope

The gel socks market is segmented on the basis of type, distribution channel, and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Non-Medical
• Medical

Distribution Channel

• Online
• Offline
• Supermarkets
• Specialty Store
• Retail Stores
• Pharmacies
• Clinics

End User

• Men
• Women
• Children

Global Gel Socks Market Regional Analysis/Insights

The gel socks market is analysed and market size insights and trends are provided by type, distribution channel, and end user as referenced above.

The countries covered in the gel socks market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Europe dominates the market with major share. The gel socks market in Europe would grow due to the growing demands for organic products and growing awareness of the importance of the organic products. In Europe there are around 60 million diabetics 10.3% of men and 9.6% of women over 25. This has significantly increased the demand of gel socks in Europe.

Asia-Pacific is expected to witness significant growth during the forecast period of 2023 to 2030 due to the increase in the healthcare initiatives by the government to promote better health standards among the people in developing countries such as India, China, Malaysia and others.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Global Gel Socks Share Analysis

The gel socks competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to gel socks market.

Some of the major players operating in the gel socks market are:

• Armstrong  Amerika (U.S.)
• Dr. Frederick's Original (U.S.)
• Earth Therapeutics (U.S.)
• PolyGel (Singapore)
• Silipos Holding LLC (U.S.)
• Pedder Johnson(U.K.)
• ZenToes (U.S.)
• NatraCure (U.S.)
• EMILYSTORES XIAMEN ZHAOTAI INDURSTIAL CORP (U.S.)
• LINDO Systems
• Inc., (U.S.)
• Miss Spa (U.S.)
• Pinkiou Inc (U.S.)
• Shenzhen Phenitech Technology Co. Ltd (China)
• Upper Canada Soap (U.K.)
• TSUNG- HAU TECHNOLOGY CO., LTD (Taiwan)