Hosiery Made of Materials (Except Cotton, Wool or Synthetic Fibres) Market Size Value Per Capita in India

The hosiery market in India, made of materials excluding cotton, wool, or synthetic fibers, showed steady growth from 2013 to 2019, reaching a value per capita of USD 0.21. It dipped slightly in 2020 to USD 0.18, likely due to the pandemic's impact, but rebounded in 2021 to USD 0.23. By 2023, the value was USD 0.25. Despite recent fluctuations, the 5-year compound annual growth rate (CAGR) indicates positive growth trends.

Future trends to watch include:

  • Increased consumer preference for eco-friendly and sustainable materials could drive growth.
  • E-commerce expansion could further broaden market reach.
  • Innovation in material technology might open new avenues for product differentiation.

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