Stretch Socks market will register a 8.2% CAGR in terms of revenue, the global market size will reach US$ 2370 million by 2024, from US$ 1470 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Stretch Socks business
This research report helps provide insights into innovations, opportunities and new development in the Stretch Socks and its connected industries. It includes vital trends and dynamics of the market at regional as well as global level for the given forecast period. For a pervasive understanding of the market, business strategies and latest developments of the vital players accompanied with co-development deals and market size have also been enclosed. Briefly citing, their revenue share, contact information and meticulous SWOT analysis is available.
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Stretch socks are the medical equipment which is made of a material that has a very high elasticity. Stretch socks can deliver a distributed amount of compression at the ankle and up the leg and help relieve symptoms and slow the progress of varicose veins. They are designed to gently squeeze the legs, which promotes good blood flow in the veins. Patients with venous disease may benefit from wearing compression socks or compression stockings even if they have not recently undergone sclerotherapy treatment for varicose veins.
Covered Yarn, spandex and nylon are the main raw materials for the production of stretch socks. Most of companies purchase materials from the market. With the development of stretch socks, the raw materials manufacturers are also benefited from the stretch socks industry in some extent.
Stretch socks can be classified into two types: gradient Socks and anti-embolism Socks. Gradient socks are more often prescribed to the ambulatory patient, or those who are walking, accounting for about 72.31% of the total sale amount.
We tend to believe this industry is an emerging industry, and with the economic recovery, more and more people pay attention to their status of physical health, especially in rural places that have a large population and fast economic growth, the need of stretch socks will increase and the consumption increasing degree will show a rapid growth curve.
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The stages of development of Stretch Socks market with respect to many geographic regions have also been presented thoroughly. This information which is provided helps the emerging players gain up-to-date information which can help them take perfect business decisions. In similar way, many other segments and sub segments are mentioned in Stretch Socks Industry helping in conveying impeccable data to the users.
- To study and analyze the global Stretch Socks consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Stretch Socks market by identifying its various subsegments.
- Focuses on the key global Stretch Socks manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Stretch Socks with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Stretch Socks submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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