The European knitted or crocheted hosiery and footwear market in 2024 is led by Germany, holding the largest market share in value terms, followed by France and the United Kingdom. Spain, Austria, and Poland also make notable contributions. The sector saw positive year-on-year growth in most countries in 2023, highlighting robust demand, except Finland, which experienced a minor decline. Austria, Ireland, and Greece reported the highest growth rates in 2023, signaling potentially strong market dynamics.
Future trends to watch in this market include:
- Increasing consumer preferences for sustainable and eco-friendly products.
- Technological advancements leading to innovative materials and production methods.
- E-commerce growth, driving changes in distribution channels and customer reach.
- Potential shifts in consumer behavior due to economic conditions influencing purchasing power.
Top countries in Knitted or Crocheted Hosiery and Footwear Market Size Value Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 32.65 | 2023 | +1.95% | +1.66% | View data |
| 2 | 2 France | 22.87 | 2023 | +1.17% | +1.41% | View data |
| 3 | 3 United Kingdom | 15.33 | 2023 | +0.67% | +0.77% | View data |
| 4 | 4 Spain | 7.92 | 2023 | +0.88% | +1.23% | View data |
| 5 | 5 Austria | 4.66 | 2023 | +4.11% | +4.77% | View data |
| 6 | 6 Poland | 4.1 | 2023 | +4.04% | +2.33% | View data |
| 7 | 7 Sweden | 2.97 | 2023 | +2.01% | +1.88% | View data |
| 8 | 8 Ireland | 2.12 | 2023 | +2.81% | +4.12% | View data |
| 9 | 9 Finland | 1.56 | 2023 | -1.41% | -0.57% | View data |
| 10 | 10 Greece | 1.53 | 2023 | +2.67% | +4.36% | View data |
