From 2013 to 2023, Estonia's market for pantyhose, tights, stockings, socks, and other knitted or crocheted hosiery experienced notable fluctuations. The market size value peaked in 2017, reaching 20.705 million euros, and then dipped significantly in 2019 to 18.014 million euros. Post-2020, the market rebounded, achieving 20.582 million euros by 2023. Year-on-year variation was especially pronounced in 2016 and 2021, with increases of 19.22% and 19.9%, respectively. The compound annual growth over the last five years indicated a modest 0.37% average increase, reflecting a relatively stable market after earlier volatility.
Future trends to watch include the impact of sustainable materials and digital retail on market dynamics. An increasing consumer preference for eco-friendly products and innovative online shopping experiences could drive market growth, while evolving fashion trends and economic conditions may pose challenges or opportunities.
How does Estonia 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 |
| 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% | View data |
| 15 | 15 Estonia | 20,582,000 | 2023 | +1.65% | +0.37% | |
