The knitted or crocheted hosiery and footwear market in Germany has shown a steady growth from 2013 to 2023. By 2023, the market size value per capita reached 14.44 Euros, with fluctuations experienced during this period. The market showed its highest growth between 2020 and 2021 with a notable 9.29% increase, whereas other years experienced smaller variations. The compound annual growth rate (CAGR) over the last five years was 1.13%, indicating a consistent uptrend despite minor variances year-on-year.
Future trends to watch for:
- Technological advancements in garment production, potentially reducing costs and increasing quality.
- Growing consumer demand for eco-friendly and sustainable products.
- Impact of economic factors and global trade dynamics on raw material availability and pricing.
How does Germany rank in Knitted or Crocheted Hosiery and Footwear Market Size Value Per Capita?
| # | 14 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 20.3 | 2023 | View data | ||
| 2 | 2 Ireland | 15.84 | 2023 | View data | ||
| 3 | 3 Germany | 14.44 | 2023 | |||
| 4 | 4 Estonia | 13.28 | 2023 | View data | ||
| 5 | 5 France | 13 | 2023 | View data | ||
