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Gel Socks Market Size By Type (Medical and Non-Medical), By End-User (Children, Men, and Women), Regions, Segmentation, and Projection till 2030

CAGR: 5.60%Current Market Size: USD 212.8 BillionFastest Growing Region: APAC

Largest Market: EuropeProjection Time: 2023-2030Base Year: 2022

Global Gel Socks Market- Market Overview:

The Global Gel Socks market is expected to grow from USD 212.8 billion in 2022 to USD 329.06 billion by 2030, at a CAGR of 5.60% during the Projection period 2023-2030. The growth of this market is mainly driven owing to the increasing demand for gel socks due to the rising cases of diabetes patients globally.

Gel socks are foot care products that contain some essential oils in the form of gel, infused with lavender oil, jojoba oil, olive oil, vitamin E, or other ingredients, depending on their use. The growing awareness of health benefits among patients who suffer from diabetes and arthritis, the increasing disposable income of people, rapid changes in consumer preferences, and an increase in stress levels will likely boost the growth of the gel socks market in the Projection period. Sports socks or ankle socks are expected to be in high demand during gym and health club workout sessions as adult expenditures on health and fitness increase which will boost the growth of the gel socks market. Moreover, new technologies have enabled the introduction of innovative Gel Socks products that are more effective than conventional socks or stockings in providing foot relief. In addition to boosting market growth, these technological advancements are increasing consumer acceptance of Gel Socks products worldwide. The shock-absorbing gel in gel socks protects the feet from ulceration, pressure, injury and friction. Therefore, the global market for gel socks will likely benefit from the rising demand among diabetic patients. Globally, the gel socks market is steadily growing due to a growing awareness among diabetics and a rising desire to take better care of their feet.

Sample Request: - Global Gel Socks Market

Market Dynamics:

Drivers:                          

  • Rising Spa activities

It has been observed over the past few years that the demand for spa activities is rising. The increasing number of spa centers, rising disposable incomes, awareness about the benefits of spa activities on individuals’ health and other things are increasing the demand for gel socks in the spa sector. In addition, to this spa centers offer special services to their customers like an in-home spa where the use of gel socks is very common and gaining more demand which eventually results in the growth of the gel socks market. Furthermore, the use of gel socks in fitness gyms is also contributing to the growth of the market.

Restraints:                                             

  • Not suitable for every body type

It has been seen that the gel socks didn’t work the same for every individual due to different body types. The gel socks are usually tight-fitted due to which, it may be possible that the pressure points in the socks will not work the same for every individual due to different body types. In addition, the gel socks help to keep the feet dry, by absorbing moisture but they also abrupt the airflow which can cause problems in those patients who have sensitive skin.

Opportunities:

  • Growing demand for gel socks among the diabetic patients

In today’s world, where everyone is busy in their lives, we forget to take care of our health in order to fulfill our daily needs for survival due to which it becomes difficult for a large number of patients to keep a check on their health. Rising cases of diabetes worldwide due to changing lifestyles triggered the demand for gel socks which will protect the foot from injury, enhance blood circulation and help keep the feet dry. The padding of the socks is made up of a gel which reduces the chances of irritation and injury. The rising demand for gel socks among diabetic patients will account for a major share in the growth of the market during the Projection period as well as beyond that.

Challenges:

  • Lack of awareness about the usage of gel socks

There are so many challenges the gel socks market is facing due to less understanding of the usage and benefits of gel socks. Every single detail about the product is mentioned on the packaging of gel socks along with dos and don’ts but still, it has been observed that consumers are raising complaints about the product which is hampering the growth of the market as consumers are looking for alternatives to avoid the use of gel socks.

Segmentation Analysis:

The global gel socks market has been segmented based on type, end-user, and region.

By Type

The type segment includes non-medical and medical. The non-medical segment led the largest share of the gel socks market with a market share of around 59.2% in 2022. The use of gel socks outside of the medical field has increased significantly over the last few years. This market is driven in large part by the growing demand for medical devices that can be used without medical training.

By End-User      

The end-user segment includes children, men and women. The men’s segment led the largest share of the gel socks market with a market share of around 34.32% in 2022. The demand for gel socks is gaining more growth from the men’s segment. The market for patchy and studded men's clothing is gradually gaining popularity in recent years, and furthermore, Men's acceptance of these products as accessories for casual and business wear is expected to drive the growth of this market.

Sales Analysis.

The sale of gel socks expanded at a CAGR of 5.20% from 2016 to 2022.

It is expected that increasing awareness of health benefits for diabetic patients and arthritis patients, rapid changes in consumer preferences, an increase in stress levels, and an increase in disposable income will fuel the gel socks market in the Projection period. Through the development of new technologies, Gel Socks products are being created that are more effective than traditional socks or stockings at relieving foot problems. These technological advancements are boosting the market by increasing consumer acceptance of Gel Socks worldwide.

The essential oils found in the gel socks, including olive, lavender, and jojoba oils, aid to moisturise the skin, relieve discomfort, disinfect the skin, and improve blood flow. The global gel socks market will expand during the projected period as a result of rising consumer interest in wellness services due to their accessibility, affordability, and decrease of psychological stress.

Thus, owing to the aforementioned factors, the global gel socks market is expected to grow at a CAGR of 5.60% during the Projection period from 2023 to 2030.

Global Gel Socks Market- By Regional Analysis:

The regions analyzed for the gel socks market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. The European region dominated the gel socks market and held a 39.6% share of the market revenue in 2022.

  • The European region witnessed a major share. During the Projection period, the gel socks market in Europe will grow due to the growing demand for organic products and growing awareness about the importance of organic products. In the European Region, there are roughly 60 million diabetics or 10.3% of men and 9.6% of women over 25. In the European Region, diabetes is becoming more common among people of all ages, primarily because of rises in overweight and obesity, bad food, and physical inactivity.
  • Asia Pacific is anticipated to experience significant growth during the predicted period. As a result of rising healthcare expenditures by governments as well as the private sector for maintaining better health standards among people in developing economies such as China, India, Thailand, Malaysia, etc., the Asia Pacific gel socks industry is expected to grow at a lucrative rate over the Projection period. Greater than expected, the International Diabetes Federation predicted that 382 million people worldwide had diabetes in 2013. Nearly half of all diabetics reside in Asia, with China and India making up the majority.

Global Gel Socks Market- Country Analysis:

  • Germany

Germany's gel socks market size was valued at USD 26.12 billion in 2022 and is expected to reach USD 40.69 billion by 2030, at a CAGR of 5.7% from 2023 to 2030. Gel socks are growing in popularity in Germany due to several factors, including increased demand for natural products and the prevalence of diabetes in the region.

  • China

China’s gel socks market size was valued at USD 14.05 billion in 2022 and is expected to reach USD 22.22 billion by 2030, at a CAGR of 5.9% from 2023 to 2030. The increasing awareness about the use of gel socks among diabetes patients is propelling the growth of the market in the country. Moreover, rising healthcare expenditures by the government and private sector will further enhance the growth of the market.

  • India

India's gel socks market size was valued at USD 10.81 billion in 2022 and is expected to reach USD 16.97 billion by 2030, at a CAGR of 5.8% from 2023 to 2030. Increased awareness of gel socks among diabetes patients is propelling the market in the country, and rising government and private healthcare expenditures will also boost growth.

Key Industry Players Analysis:  

To increase their market position in the global gel socks business, top companies focus on tactics such as adopting new technology, mergers & acquisitions, product developments, collaborations, partnerships, joint ventures, etc.

  • EMILYSTORES XIAMEN ZHAOTAI INDUSTRIAL CORP
  • Pedder Johnson
  • Earth Therapeutics
  • Shenzhen Phenitech Technology Co. Ltd.
  • Dr Fredericks’s Original
  • Miss Spa
  • Bath Accessories Company
  • Upper Canada Soap
  • Silipos Holding LLC
  • LINDO PRODUCTS
  • ZenToes
  • Donnamax Inc.
  • XIAMEN ZHAOTAI INDUSTRIAL CORP
  • Pinkiou Inc.
  • PolyGel LLC

Latest Development:

  • In January 2020, Special gel socks for dry heels have been developed by ZenToes to help hydrate dry heels and enable the skin to breathe.
  • In February 2021, Manufacturers of diabetic socks like SmartKnit offer links to online shops that sell their products, such FootSmart and For Your Legs, as well as details on how diabetics should take care of their feet.

Report Metrics

Report Attribute 

Details

Study Period

2022-2030

Base year

2022  

CAGR (%)

28%

Market Size

212.8 billion in 2022

Projection period

2023-2030

Projection unit

Value (USD)

Segments covered

By Type, By End-User, and By Region.

Report Scope

Revenue Projection, competitive landscape, company ranking, growth factors, and trends

Companies covered

EMILYSTORES XIAMEN ZHAOTAI INDUSTRIAL CORP, Pedder Johnson, Earth Therapeutics, Shenzhen Phenitech Technology Co. Ltd., Dr Fredericks’s Original, Miss Spa, Bath Accessories Company, Upper Canada Soap, Silipos Holding LLC, LINDO PRODUCTS, ZenToes, Donnamax Inc., XIAMEN ZHAOTAI INDUSTRIAL CORP, Pinkiou Inc., and PolyGel LLC.

By Type

  • Medical
  • Non-Medical          

By End-User

  • Children
  • Men
  • Women     

Regional scope

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East and Africa

Scope of the Report

Global Gel Socks Market by Type:

  • Medical
  • Non-Medical

Global Gel Socks Market by End User:

  • Children
  • Men
  • Women

Global Gel Socks Market by Region:

  • North America
    • USA
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Russia
  • Asia-Pacific
    • Japan
    • China
    • India
    • Korea
    • Southeast Asia
  • South America
    • Brazil
    • Peru
  • Middle East and Africa
    • UAE
    • South Africa
    • Saudi Arabia

Frequently Asked Questions

What is the current market size of Gel Socks Market?

Global Gel Socks market current market size of USD 212.8 billion in 2022.

What will be the expected market size of the gel socks market in 2030?

Global Gel Socks market is expected to reach USD 329.60 billion by 2030, at a CAGR of 5.60% from 2023 to 2030.

What are the driving factors of the gel socks market?

Rising spa activities and increasing cases of diabetes is expected to drive the market’s growth.

Which region will witness more growth in the gel socks market?

The European region will witness more growth in the gel socks market.

Which are the leading market players active in the gel socks market?

EMILYSTORES XIAMEN ZHAOTAI INDUSTRIAL CORP, Pedder Johnson, Earth Therapeutics, Shenzhen Phenitech Technology Co. Ltd., Dr Fredericks’s Original, Miss Spa, Bath Accessories Company, Upper Canada Soap, Silipos Holding LLC, LINDO PRODUCTS, ZenToes, Donnamax Inc., XIAMEN ZHAOTAI INDUSTRIAL CORP, Pinkiou Inc., PolyGel LLC among others

Political Factors- Because of the democracy that underpins the existing form of government, the gel socks market may operate in a favorable climate. The democratic governance system, which encourages entrepreneurship and free trade, offers gel socks market economic freedom. By gaining powerful partners in the media, pressure groups can have an impact on the business climate. By planning protests and organising marketing efforts, these groups exert pressure on the organisations. gel socks market must monitor these pressure organisations' actions because they can affect government legislation, which could then have an impact on the general business climate.

Economic Factors- To Projection the short- and long-term business growth in the selected sector, Global Management must develop a thorough understanding of these aspects. Exchange rate fluctuations can have an impact on a company's profitability. gel socks market should research exchange rate variations to develop precise predictions in order to minimise unfavourable trade and business performance effects. A high interest rate means that gel socks market will have to make payments at a high rate of interest, increasing the overall cost of the loans taken.

Social Factors- When creating business strategy, it's also crucial to take into account the gender roles prevalent in that society. In order to avoid criticism from customers and the wider public, marketing and advertising methods in a predominantly patriarchal culture would be modified in accordance with prevailing patriarchal values. The gender roles in that particular society may also have an impact on gel socks market human resource management plans. In societies where women are seen as primarily managing domestic responsibilities, it will be challenging for the company to ensure gender diversity across all management levels.

Technological Factors- The velocity and progress of technological innovation can have an impact on the market and industry as a whole. gel socks market will be able to comprehend the rate of new product creation, the length of the product life cycle, and the unique features that consumers choose by researching the upcoming technological innovation trends. gel socks market can determine whether switching to e-commerce will be more advantageous than setting up a physical location by doing research on consumers' sentiments toward cutting-edge digital technology. gel socks market may be forced to switch from manual to automated processes if competitors engage in automation technology to cut costs, especially if the general populace of that society is tech-savvy.

Environmental Factors- The adoption of the closed-loop, circular economy approach is becoming the standard in various regions and industries in some nations. Industries with enabling institutional frameworks can facilitate material recycling and reuse. Similar to this, customers actively participate in recycling in several nations. gel socks market may take advantage of these sustainability trends and use them as a tool to not only achieve economic goals through lower manufacturing costs but also minimise environmental expenses.

Legal Factors- gel socks as a product needs to safeguard its own intellectual property rights. The advancement of products and technologies needs to be carefully protected by the law. gel socks cannot just copy the chemical of other brands to create a hybrid product. Each operating nation has its unique tax regulations. Promotion of the goods improperly may result in punishment. Any dangerous cautions must be marked on the item itself. Businesses like the gel socks market benefit from strict adherence to intellectual property regulations because it protects their patents against infringement, giving them a durable competitive advantage.

  1. Introduction
    • 1. Objectives of the Study
    • 2. Market Definition
    • 3. Research Scope
  2. Research Methodology and Assumptions
  3. Executive Summary
  4. Premium Insights
    • 1. Porter’s Five Forces Analysis
    • 2. Value Chain Analysis
    • 3. Top Investment Pockets
      • 3.1. Market Attractiveness Analysis By Type
      • 3.2. Market Attractiveness Analysis By End-User
      • 3.3. Market Attractiveness Analysis By Region
    • 4. Industry Trends
  5. Market Dynamics
    • 1. Market Evaluation
    • 2. Drivers
      • 2.1. Rising Spa activities
    • 3. Restraints
      • 3.1. Not suitable for every body type
    • 4. Opportunities
      • 4.1. Growing demand for gel socks among the diabetic patients
    • 5. Challenges
      • 5.1. Lack of awareness about the usage of gel socks
  1. Global Gel Socks Market Analysis and Projection, By Type
    • 1. Segment Overview
    • 2. Medical
    • 3. Non-Medical
  2. Global Gel Socks Market Analysis and Projection, By End-User
    • 1. Segment Overview
    • 2. Children
    • 3. Men
    • 4. Women
  3. Global Gel Socks Market Analysis and Projection, By Regional Analysis
    • 1. Segment Overview
    • 2. North America
      • 2.1. U.S.
      • 2.2. Canada
      • 2.3. Mexico
    • 3. Europe
      • 3.1. Germany
      • 3.2. France
      • 3.3. U.K.
      • 3.4. Italy
      • 3.5. Spain
    • 4. Asia-Pacific
      • 4.1. Japan
      • 4.2. China
      • 4.3. India
    • 5. South America
      • 5.1. Brazil
    • 6. Middle East and Africa
      • 6.1. UAE
      • 6.2. South Africa
  1. Global Gel Socks Market-Competitive Landscape
    • 1. Overview
    • 2. Market Share of Key Players in the Gel Socks Market
      • 2.1. Global Company Market Share
      • 2.2. North America Company Market Share
      • 2.3. Europe Company Market Share
      • 2.4. APAC Company Market Share
    • 3. Competitive Situations and Trends
      • 3.1. Technology Launches and Developments
      • 3.2. Partnerships, Collaborations, and Agreements
      • 3.3. Mergers & Acquisitions
      • 3.4. Expansions
  1. Company Profiles
    • EMILYSTORES XIAMEN ZHAOTAI INDUSTRIAL CORP
      • 1.1. Business Overview
      • 1.2. Company Snapshot
      • 1.3. Company Market Share Analysis
      • 1.4. Company Technology Portfolio
      • 1.5. Recent Developments
      • 1.6. SWOT Analysis
    • Pedder Johnson
      • 2.1. Business Overview
      • 2.2. Company Snapshot
      • 2.3. Company Market Share Analysis
      • 2.4. Company Technology Portfolio
      • 2.5. Recent Developments
      • 2.6. SWOT Analysis
    • Earth Therapeutics
      • 3.1. Business Overview
      • 3.2. Company Snapshot
      • 3.3. Company Market Share Analysis
      • 3.4. Company Technology Portfolio
      • 3.5. Recent Developments
      • 3.6. SWOT Analysis
    • Shenzhen Phenitech Technology Co. Ltd.
      • 4.1. Business Overview
      • 4.2. Company Snapshot
      • 4.3. Company Market Share Analysis
      • 4.4. Company Technology Portfolio
      • 4.5. Recent Developments
      • 4.6. SWOT Analysis
    • Dr Fredericks’s Original
      • 5.1. Business Overview
      • 5.2. Company Snapshot
      • 5.3. Company Market Share Analysis
      • 5.4. Company Technology Portfolio
      • 5.5. Recent Developments
      • 5.6. SWOT Analysis
    • Miss Spa
      • 6.1. Business Overview
      • 6.2. Company Snapshot
      • 6.3. Company Market Share Analysis
      • 6.4. Company Technology Portfolio
      • 6.5. Recent Developments
      • 6.6. SWOT Analysis
    • Bath Accessories Company
      • 7.1. Business Overview
      • 7.2. Company Snapshot
      • 7.3. Company Market Share Analysis
      • 7.4. Company Technology Portfolio
      • 7.5. Recent Developments
      • 7.6. SWOT Analysis
    • Upper Canada Soap
      • 8.1. Business Overview
      • 8.2. Company Snapshot
      • 8.3. Company Market Share Analysis
      • 8.4. Company Technology Portfolio
      • 8.5. Recent Developments
      • 8.6. SWOT Analysis
    • Silipos Holding LLC
      • 9.1. Business Overview
      • 9.2. Company Snapshot
      • 9.3. Company Market Share Analysis
      • 9.4. Company Technology Portfolio
      • 9.5. Recent Developments
      • 9.6. SWOT Analysis
    • LINDO PRODUCTS
      • Business Overview
      • Company Snapshot
      • Company Market Share Analysis
      • Company Technology Portfolio
      • Recent Developments
      • SWOT Analysis
    • ZenToes
      • Business Overview
      • Company Snapshot
      • Company Market Share Analysis
      • Company Technology Portfolio
      • Recent Developments
      • SWOT Analysis
    • Donnamax Inc.
      • Business Overview
      • Company Snapshot
      • Company Market Share Analysis
      • Company Technology Portfolio
      • Recent Developments
      • SWOT Analysis
    • XIAMEN ZHAOTAI INDUSTRIAL CORP
      • Business Overview
      • Company Snapshot
      • Company Market Share Analysis
      • Company Technology Portfolio
      • Recent Developments
      • SWOT Analysis
    • Pinkiou Inc.
      • Business Overview
      • Company Snapshot
      • Company Market Share Analysis
      • Company Technology Portfolio
      • Recent Developments
      • SWOT Analysis
    • PolyGel LLC
      • Business Overview
      • Company Snapshot
      • Company Market Share Analysis
      • Company Technology Portfolio
      • Recent Developments
      • SWOT Analysis

List of Table

  1. Global Gel Socks Market, By Type, 2023–2030 (USD Billion)
  2. Global Medical, Gel Socks Market, By Region, 2023–2030 (USD Billion)
  3. Global Non-Medical, Gel Socks Market, By Region, 2023–2030 (USD Billion)
  4. Global Gel Socks Market, By End-User, 2023–2030 (USD Billion)
  5. Global Children, Gel Socks Market, By Region, 2023–2030 (USD Billion)
  6. Global Men, Gel Socks Market, By Region, 2023–2030 (USD Billion)
  7. Global Women, Gel Socks Market, By Region, 2023–2030 (USD Billion)
  8. Global Gel Socks Market, By Region, 2023–2030 (USD Billion)
  9. North America Gel Socks Market, By Type, 2023–2030 (USD Billion)
  10. North America Gel Socks Market, By End-User, 2023–2030 (USD Billion)
  11. USA Gel Socks Market, By Type, 2023–2030 (USD Billion)
  12. USA Gel Socks Market, By End-User, 2023–2030 (USD Billion)
  13. Canada Gel Socks Market, By Type, 2023–2030 (USD Billion)
  14. Canada Gel Socks Market, By End-User, 2023–2030 (USD Billion)
  15. Mexico Gel Socks Market, By Type, 2023–2030 (USD Billion)
  16. Mexico Gel Socks Market, By End-User, 2023–2030 (USD Billion)
  17. Europe Gel Socks Market, By Type, 2023–2030 (USD Billion)
  18. Europe Gel Socks Market, By End-User, 2023–2030 (USD Billion)
  19. Germany Gel Socks Market, By Type, 2023–2030 (USD Billion)
  20. Germany Gel Socks Market, By End-User, 2023–2030 (USD Billion)
  21. France Gel Socks Market, By Type, 2023–2030 (USD Billion)
  22. France Gel Socks Market, By End-User, 2023–2030 (USD Billion)
  23. UK Gel Socks Market, By Type, 2023–2030 (USD Billion)
  24. UK Gel Socks Market, By End-User, 2023–2030 (USD Billion)
  25. Italy Gel Socks Market, By Type, 2023–2030 (USD Billion)
  26. Italy Gel Socks Market, By End-User, 2023–2030 (USD Billion)
  27. Spain Gel Socks Market, By Type, 2023–2030 (USD Billion)
  28. Spain Gel Socks Market, By End-User, 2023–2030 (USD Billion)
  29. Asia Pacific Gel Socks Market, By Type, 2023–2030 (USD Billion)
  30. Asia Pacific Gel Socks Market, By End-User, 2023–2030 (USD Billion)
  31. Japan Gel Socks Market, By Type, 2023–2030 (USD Billion)
  32. Japan Gel Socks Market, By End-User, 2023–2030 (USD Billion)
  33. China Gel Socks Market, By Type, 2023–2030 (USD Billion)
  34. China Gel Socks Market, By End-User, 2023–2030 (USD Billion)
  35. India Gel Socks Market, By Type, 2023–2030 (USD Billion)
  36. India Gel Socks Market, By End-User, 2023–2030 (USD Billion)
  37. South America Gel Socks Market, By Type, 2023–2030 (USD Billion)
  38. South America Gel Socks Market, By End-User, 2023–2030 (USD Billion)
  39. Brazil Gel Socks Market, By Type, 2023–2030 (USD Billion)
  40. Brazil Gel Socks Market, By End-User, 2023–2030 (USD Billion)
  41. Middle East and Africa Gel Socks Market, By Type, 2023–2030 (USD Billion)
  42. Middle East and Africa Gel Socks Market, By End-User, 2023–2030 (USD Billion)
  43. UAE Gel Socks Market, By Type, 2023–2030 (USD Billion)
  44. UAE Gel Socks Market, By End-User, 2023–2030 (USD Billion)
  45. South Africa Gel Socks Market, By Type, 2023–2030 (USD Billion)
  46. South Africa Gel Socks Market, By End-User, 2023–2030 (USD Billion)

List of Figures 

  1. Global Gel Socks Market Segmentation
  2. Gel Socks Market: Research Methodology
  3. Market Size Estimation Methodology: Bottom-Up Approach
  4. Market Size Estimation Methodology: Top-Down Approach
  5. Data Triangulation
  6. Porter’s Five Forces Analysis
  7. Value Chain Analysis
  8. Global Gel Socks Market Attractiveness Analysis By Type
  9. Global Gel Socks Market Attractiveness Analysis By End-User
  10. Global Gel Socks Market Attractiveness Analysis By Region
  11. Global Gel Socks Market: Dynamics
  12. Global Gel Socks Market Share By Type (2023 & 2030)
  13. Global Gel Socks Market Share By End-User (2023 & 2030)
  14. Global Gel Socks Market Share by Regions (2023 & 2030)
  15. Global Gel Socks Market Share by Company (2021)

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