Global Gel Socks Market 2019-2023 - Product Innovation and Advancement Leading to Portfolio Extension - ResearchAndMarkets.com

DUBLIN--()--The "Global Gel Socks Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The gel socks market will register a CAGR of over 5% by 2023.

The growing prevalence of diabetes is one of the critical factors that will trigger the growth of gel socks market. Diabetes often hampers the physical movement of the patients as it results in painful feet Diabetic gel socks have a shock-absorbing gel to provide overall protection to feet against pressure, friction, and pinching. Also, these socks prevent foot ulcerations. Most diabetic patients succumb to a wide range of diseases, inducing osteoarthritis and osteoporosis. The increasing number of geriatric populations, coupled with the rising prevalence of arthritis has necessitated the adoption of gel socks.

Market Overview

Product innovation and advancement leading to portfolio extension

The intense competition in the global gel socks market, coupled with the rapid expansion of technology, has positively impacted the taste and preferences of the buyer. The change in the buying preference of the consumer has expanded the product portfolio and compelled the vendors to develop products that extensively reduce the pain and increase the comfort of the customers. Moreover, with a consistent and sustained rise in per capita income, more consumers are spending on premium products as a necessity or increasing their comfort level. Some gel socks are infused with aloe vera to help in recovery from dry skin. Owing to such factors the market is expected to grow during the forecast period

Disadvantages associated with the use of gel socks

Gel socks are usually tight-fitted, and the pressure points in some socks may not work optimally for certain body types. Although these socks wick away moisture, the air flow is still less, which may not be suitable for people with sensitive skin. People with sensitive skin must take extra precautions while using it. It is usually seen that wearing gel socks for longer duration might lead to itchiness or dryness. Moreover, it is very uncomfortable for the aged population to wear these socks all the time.

Competitive Landscape

The market appears to be fragmented. The presence of several companies, including Bath Accessories Co. Inc. and Donnamax Inc. makes the competitive environment quite intense. Factors such as the growing prevalence of diabetes and the increasing demand for spa activities will provide significant growth opportunities to the gel socks manufacturers.

Earth Therapeutics Direct, PolyGel LLC, and Silipos Holding LLC. are some of the major companies covered in this report.

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • Preface
  • Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY APPLICATION

  • Market segmentation by application
  • Comparison by application
  • Non-medical - Market size and forecast 2018-2023
  • Medical - Market size and forecast 2018-2023
  • Market opportunity by application

PART 07: CUSTOMER LANDSCAPE

PART 08: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL

  • Market segmentation by distribution channel
  • Comparison by distribution channel
  • Offline - Market size and forecast 2018-2023
  • Online - Market size and forecast 2018-2023
  • Market opportunity by distribution channel

PART 09: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • Key leading countries
  • Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 12: MARKET TRENDS

  • Alternative to expensive lotions
  • Equipped with essential mineral oils
  • Increasing use as diabetic socks

PART 13: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 14: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Bath Accessories Co. Inc.
  • Donnamax Inc.
  • Earth Therapeutics Direct
  • PolyGel LLC
  • Silipos Holding LLC

For more information about this report visit https://www.researchandmarkets.com/r/bzrjmm

Contacts

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Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
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For GMT Office Hours Call +353-1-416-8900
Related Topics: Clothing, Lingerie and Hosiery

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Clothing, Lingerie and Hosiery