The Knitted and Crocheted Hosiery Market in Ireland reached a value of 95.248 million Euros in 2023. The market witnessed fluctuating year-on-year growth, with a notable 15.4% decline in 2020 primarily due to the global pandemic, followed by moderate recovery. Notably, over the last five years, the market experienced an average annual growth rate (CAGR) of 2.47%. This illustrates a resilient market trend, overcoming temporary setbacks with a steady rise in demand from 2021 to 2023.
Future trends to watch include the increasing demand for eco-friendly and sustainable products, the influence of fashion innovations, and changing consumer preferences towards comfortable and versatile hosiery. Monitoring these trends could provide further market opportunities and challenges.
How does Ireland rank in Knitted and Crocheted Hosiery 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 |
| 7 | 7 Austria | 224,470,000 | 2023 | +4.33% | +3.88% | View data |
| 8 | 8 Sweden | 130,720,000 | 2023 | +1.01% | +0.25% | View data |
| 9 | 9 Ireland | 95,248,000 | 2023 | +5.92% | +2.47% | |
| 10 | 10 Hungary | 79,625,000 | 2023 | +9.22% | +2.12% | View data |
| 11 | 11 Finland | 71,060,000 | 2023 | -2.71% | -1.82% | View data |
