The socks industry today is making a lot of money. Back in 2019, the estimated market size of the industry was about $44.61 billion and was expected to hit $47.22 billion by 2020. By 2025, they have an expected compound annual growth rate of 6% expecting to reach $63.51 Billion.
That’s a lot more money than most of us were expecting. They are just a pair of socks and they don’t cost that much but in the stock market, they are making billions of dollars.
As an accessory commonly sold by most teenagers, it’s very easy to create your own fashion when you have an adorable pair of socks to put on. It compliments your upper and lower garments. Socks as funny animal socks, plain socks, stripes or dotted are easy to pair with other styles of shirts and shorts. Even going on a hike, you can wear funny animal socks, the one with birds, dogs or llamas. Funny animal socks are also flexible with other seasons. That is why teens are enticed with animal socks designs as it's easy to match with other accessories like bags and jewelry.
Teens normally want to have fun. Even in their clothing and accessories, they want to either keep up with the current fashion trend or create a new style that suits their personality. That is why animal socks Australia are more sellable than with other styles. They often give a new outlook to teens regarding their clothing, giving them confidence. If you’re planning to make your own fashion in the cheapest way, go get yourself an animal socks Australia. Just like teens, it might give you a different perspective in life. You might feel the fun of your youth days by having an animal socks Australia that is of course matched with the season.
Today’s teens create their own fashion trends by throwing different colours or prints in their clothing. Online shops are also taking advantage of the trend. A lot of shops offer a wide-variety of clothing for the shoppers to have a lot of options. But the thing is if a person is given so many options, that person may struggle in selecting one. So, it's really important for the shop owners to arrange their product’s variation accordingly so that shoppers will not have this dilemma of choosing which is which.
For socks sellers, it would be best to separate the dark from the vibrant ones from your listings, such as animal socks, plain pants, abstract, etc. Try pairing animal socks with plain pants and a single printed shirt on your listing. In that way, the shopper will have an idea of what it would look like, surely mate, you’re going to get a sale. Also, take into consideration the season. Of course if it’s summer, why would you be selling items that symbolise winter? Yeah? Make it simple but fun!