In 2023, the sold production of knitted and crocheted hosiery in Italy stood at a critical point, serving as a benchmark for subsequent forecasts. From 2024 onwards, the forecasted data shows a consistent declining trend with a year-on-year decrease of 5.7% between 2024 and 2025, followed by similar yearly drops. The compound annual growth rate (CAGR) suggests an average decrease of approximately 5.8% over the five-year period leading to 2028. These figures indicate a continuous downward trend in production volumes.
Future trends to watch for:
- Market adaptation to sustainable and innovative materials.
- Potential impact of economic policies on production costs.
- Shifts in consumer preferences towards alternative hosiery products.
