Forecast: Sales of Women's Hosiery in Non-Store Retailing in Canada

In 2023, the sales of women's hosiery in non-store retailing in Canada stood at 10.50 million Canadian dollars. Forecasted data from 2024 to 2028 shows a steady growth with values of 10.79, 11.14, 11.49, 11.83, and 12.16 million CAD respectively. From 2023 to 2024, there is a 2.76% increase, indicating positive momentum. The compound annual growth rate (CAGR) over the next five years is approximately 3.0%, suggesting consistent market expansion.

Future trends to watch for include:

  • Increasing consumer preference for convenience and online shopping may drive non-store sales further.
  • Technological advancements in material and design, offering greater comfort and style.
  • Rising fashion trends promoting hosiery as a versatile clothing accessory.
  • Potential impact of economic factors on disposable income and consumer spending.

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