The knitted and crocheted hosiery market in Estonia reached a value of 20.582 million euros in 2023, representing a year-on-year increase of 1.65%. Over the past five years, the market experienced a modest compound annual growth rate (CAGR) of 0.37%. The market faced fluctuations, with a notable decline from 2019 to 2020, but it showed recovery starting in 2021.
Future trends to watch for include:
- Potential market expansion through diversification of product offerings and adoption of sustainable materials.
- Increased digitalization and e-commerce growth, reshaping consumer purchasing behaviors.
- Emerging fashion trends influencing consumer demand for hosiery products.
How does Estonia rank in Knitted and Crocheted Hosiery 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% | |
