Project Report For Socks Manufacturing
Project report for Socks Manufacturing is as follows.
A sock is a kind of footwear that covers the ankle or a section of the calf and is worn on the feet. When wearing certain types of shoes or boots, oversocking is a widespread practise.
Leather or tangled animal hair were used to make socks in the past.
Socks knit using a machine date back to the late 16th century. Both man-made and machine-knit socks were produced until the 1800s, although the latter method became more popular in the 19th century.
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Socks have a variety of purposes, one of which is sweat absorption. Because the foot is one of the body’s greatest sweat producers, it may produce up to 0.25 US quarts (0.12 l) of sweat every day. Socks absorb this perspiration and draw it to areas where it can evaporate.
Cotton or wool socks keep chilled feet warm in cold weather, lowering the danger of frostbite.
Thin socks are most often used in the summer to keep feet cool. Socks in dark colours are often worn with formal shoes, whereas light coloured socks are typically worn with athletic shoes (often black or navy blue dress socks).
Dark-colored socks also absorb heat, keeping the foot warm, but light-colored socks reflect heat, keeping the feet chilly.
Product Cost Breakup
Reveneue Vs Expenses
The global socks market will be valued at around USD 43.6 billion in 2020. The market is expected to grow at a CAGR of 6.3 percent between 2022 and 2027, reaching a value of about USD 61.5 billion by 2026.
One of the most popular product categories on the market is casual socks. Consumers’ growing awareness of health and fitness is predicted to propel the demand for sports socks throughout the forecast period. The growing demand for high-quality shoes and sports equipment among adults, as well as the growing number of health clubs, are likely to propel the market forward.
Due to the increased prevalence of foot problems among diabetic patients, prominent corporations are heavily investing in the creation of customised diabetic socks. This is expected to be a major trend in the global socks industry.
Several research papers published by health care professionals on maintaining healthy feet to avert such illnesses among diabetic patients inspired the creators to design this product. While North America was expected to account for the largest share of the market in 2020, Asia Pacific is expected to grow at the fastest rate in the following years.
A sock is a piece of soft apparel that covers the foot or the bottom section of the leg. It’s often composed of cotton, wool, or nylon, and it’s worn below shoes. To satisfy the demands of the customer, they are available in a range of colours, sizes, and materials.