The import of knitted or crocheted hosiery of synthetic fibres to the US is projected to grow from 179.3 million kilograms in 2024 to 206.36 million kilograms in 2028. Year-on-year increases include 3.9% in 2025, 3.7% in 2026, 3.5% in 2027, and 3.3% in 2028. These projections indicate a steady yet slightly decelerating growth rate with an anticipated CAGR of 3.6% from 2024 to 2028.
Future trends to watch for include:
- Shifts in consumer preferences towards sustainable materials, potentially affecting demand for synthetic fibres.
- Global trade relations and policies impacting import dynamics.
- Innovations in production and material technology leading to changes in market supply and demand.