Report Overview:
Socks refer to a piece of clothing worn on the feet to prevent the rubbing of shoes on the bare feet. They are manufactured using a variety of materials, such as polyester, olefins, spandex, cotton, wool, nylon, cashmere, acrylic, silk, bamboo, linen, and mohair, which are used based on different requirements and weather conditions. Socks are generally knitted that provide cushioning to pad the feet and help keep them warm. They also assist in improving cracked heels, protecting germs and bacterial infections, reducing stress on feet, managing moisture, and preventing bad odor and blister formations. Currently, socks are commercially available in various colors, sizes, and material types.
The increasing number of individuals opting for sports and adventure activities, such as trekking, cycling and climbing across the globe, is creating a positive outlook for the market. Socks are widely worn during these activities to increase blood flow and oxygen, protect the feet from blisters, and reduce jarring and vibration. Additionally, the increasing number of working professionals, coupled with the widespread product adoption within the formal business environment is favoring the market growth. Apart from this, various product innovations, such as the introduction of diabetic socks that are specifically designed for diabetic patients that aid in enhancing blood circulation, reducing feet swelling, and preventing the risk of foot injuries, are providing an impetus to the market growth. Other than this, the launch of the product in different length variants, digital prints, and colors to help brands expand their existing consumer base, along with their easy availability across various e-commerce platforms, are anticipated to drive the market toward growth.
The report provides a techno-commercial roadmap for setting up a socks manufacturing plant. The study covers all the requisite aspects that one needs to know while making a foray into the socks industry. This ranges from macro overview of the market to micro details of the industry performance, key success and risk factors, manufacturing requirements, project cost, project economics, expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake in the socks industry.
The project report covers the following aspects of the socks market:
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1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Research Methodology
3 Executive Summary
3.1 Market Scenario
3.2 Raw Material Requirements
3.3 Income Projections
3.4 Expenditure Projections
3.5 Profit Analysis
4 Global Socks Market
4.1 Market Overview
4.2 Historical and Current Market Performance
4.3 Market Forecast
4.4 Impact of COVID-19
4.5 Market Breakup by Segment
4.6 Market Breakup by Region
4.7 Price Trends
4.7.1 Raw Material Price Trends
4.7.2 Socks Price Trends
4.7.3 Product Margins
5 Socks Manufacturing Process
5.1 Product Overview
5.2 Detailed Process Flow
5.3 Various Types of Unit Operations Involved
5.4 Mass Balance and Raw Material Requirements
6 Project Details, Requirements and Costs Involved
6.1 Land, Location and Site Development
6.1.1 Overview of Land Location
6.1.2 Project Planning and Phasing of Development
6.1.3 Environmental Impacts
6.1.4 Land Requirement and Expenditure
6.2 Plant Layout
6.3 Plant Machinery
6.3.1 Machinery Requirements and Costs
6.3.2 Machinery Suppliers
6.3.3 Machinery Pictures
6.4 Raw Materials
6.4.1 Raw Material Requirements
6.4.2 Raw Material Procurement
6.4.3 Raw Material Expenditure
6.4.4 Raw Material Suppliers
6.4.5 Raw Material and Final Product Pictures
6.5 Packaging Requirements and Expenditures
6.6 Transportation Requirements and Expenditures
6.7 Utilities Requirements and Expenditures
6.8 Manpower Requirements and Expenditures
7 Loans and Financial Assistance
8 Project Economics
8.1 Capital Cost of the Project
8.2 Operating Expenses
8.3 Expenditure Projections
8.4 Income Projections
8.5 Product Pricing and Margins
8.6 Taxation
8.7 Depreciation
8.8 Financial Analysis
8.8.1 Liquidity Analysis
8.8.2 Profitability Analysis
8.8.2.1 Payback Period
8.8.2.2 Net Present Value
8.8.2.3 Internal Rate of Return
8.8.2.4 Profit and Loss Account
8.8.3 Uncertainty Analysis
8.8.4 Sensitivity Analysis
9 Regulatory Procedures and Approval
10 Key Success and Risk Factors
List of Figures
Figure 1: Global: Socks Market: Major Drivers and Challenges
Figure 2: Global: Socks Market: Value Trends (in Million US$), 2017-2022
Figure 3: Global: Socks Market Forecast: Value Trends (in Million US$), 2023-2028
Figure 4: Global: Socks Market: Breakup by Segment (in %), 2022
Figure 5: Global: Socks Market: Breakup by Region (in %), 2022
Figure 6: Socks Raw Materials: Price Trends, 2017 & 2022
Figure 7: Socks: Price Trends, 2017 & 2022
Figure 8: Socks: Margins Across Various Stages of the Supply Chain
Figure 9: Socks Manufacturing Plant: Breakup of Costs
Figure 10: Socks Price Structure
Figure 11: Socks: Manufacturing Process Flow
Figure 12: Socks: Manufacturing Process: Conversion Rate of Feedstocks
Figure 13: Socks Manufacturing Plant Layout
List of Tables
Table 1: Socks Manufacturing Plant: Raw Material Requirements
Table 2: Socks Manufacturing Plant: Project Planning
Table 3: Socks Manufacturing Plant: Phasing of Development
Table 4: Socks Manufacturing Plant: Environmental Impacts During Construction Phase
Table 5: Socks Manufacturing Plant: Environmental Impacts During Operation Phase
Table 6: Socks Manufacturing Plant: Costs Related to Land and Site Development (in US$)
Table 7: Socks Manufacturing Plant: Costs Related to Machinery
Table 8: Socks Manufacturing Plant: List of Machinery Suppliers
Table 9: Socks Manufacturing Plant: Costs Related to Raw Materials
Table 10: Socks Manufacturing Plant: List of Raw Material Suppliers
Table 11: Socks Manufacturing Plant: Costs Related to Packaging
Table 12: Socks Manufacturing Plant: Costs Related to Utilities
Table 13: Socks Manufacturing Plant: Costs Related to Salaries and Wages
Table 14: Socks Manufacturing Plant: Capital Costs
Table 15: Socks Manufacturing Plant: Operating Costs
Table 16: Socks Manufacturing Plant: Taxation
Table 17: Socks Manufacturing Plant: Depreciation
Table 18: Socks Manufacturing Plant: Income Projections
Table 19: Socks Manufacturing Plant: Expenditure Projections
Table 20: Socks Manufacturing Plant: Liquidity Analysis Without Considering the Income Tax Liability
Table 21: Socks Manufacturing Plant: Liquidity Analysis on Considering the Income Tax Liability
Table 22: Socks Manufacturing Plant: Profitability Analysis Without Considering the Income Tax Liability
Table 23: Socks Manufacturing Plant: Profitability Analysis on Considering the Income Tax Liability
Table 24: Socks Manufacturing Plant: Profit and Loss Account
Table 25: Socks Manufacturing Plant: Discount Factor Rate
Table 26: Socks Manufacturing Plant: Sensitivity Analysis
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