The UK market for pantyhose and tights of knitted or crocheted synthetic fibres above 67 decitex demonstrated fluctuations over the past decade. By 2023, the market volume reached 9.543 million, marking recovery from the pandemic's disruption in 2020. Key observations include a 1.81% increase from 2022 to 2023. Notably, a compound annual growth rate (CAGR) of 0.48% was recorded over the last five years. This suggests moderate growth with some volatility.
Future trends to watch for include:
- Consumer shifts towards eco-friendly and sustainable materials might influence market dynamics.
- Technological advancements in production and design could drive innovation.
- Potential economic factors impacting consumer spending power.