The Czech Republic's hosiery market showed fluctuations over the past decade with values peaking in 2017 at 68.641 million Euros and dipping notably in 2020 to 49.996 million Euros. The market recovered subsequently, reaching 61.154 million Euros in 2023. Year-on-year variations indicated volatile movements, with a significant decline in 2018 and 2020, and a notable recovery in 2021. Despite these fluctuations, the Compound Annual Growth Rate (CAGR) over the last five years is low, signaling a relatively flat trend.
Future trends to watch for include the increasing demand for sustainable and eco-friendly products, as consumer preferences shift towards environmentally conscious brands. Additionally, with the potential rise of online shopping, brands may need to strengthen their digital presence and logistics capabilities to capture emerging opportunities.
How does the Czech Republic rank in Panty Hose, Tights, Stockings, Socks and Other Hosiery of Knitted or Crocheted Textile Market Size Value?
| # | 15 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,422,900,000 | 2023 | +0.83% | +0.71% | View data |
| 2 | 2 France | 1,316,500,000 | 2023 | +0.62% | +1.71% | View data |
| 3 | 3 Italy | 706,630,000 | 2023 | -2.11% | -1.84% | View data |
| 4 | 4 United Kingdom | 706,430,000 | 2023 | -0.87% | -0.46% | View data |
| 5 | 5 Spain | 369,620,000 | 2023 | -1.18% | -0.35% | View data |
| 12 | 12 Denmark | 70,180,000 | 2023 | -1.15% | -2.37% | View data |
| 13 | 13 Greece | 69,394,000 | 2023 | +1.04% | -0.61% | View data |
| 14 | 14 Czech Republic | 61,154,000 | 2023 | +0.49% | +0.087% | |
| 15 | 15 Estonia | 20,582,000 | 2023 | +1.65% | +0.37% | View data |
