The market for panty hose and tights of knitted or crocheted synthetic fibers measuring at most 67 decitex per single yarn in Hungary grew from 2013 to 2023 with notable fluctuations. The market value peaked in 2017 at €8.45 million, while 2023 closed at €7.85 million. Recent years saw modest declines, but from 2022 to 2023, there was a 2.95% increase. Over the last five years, the market's compound annual growth rate (CAGR) was negative, as the momentum shifted post-2018.
Looking ahead, trends to watch include:
- Consumer preference changes towards sustainable and eco-friendly materials.
- Potential shifts due to economic factors impacting discretionary spending.
- Impact of technology on manufacturing efficiency and innovation.