The Knitted and Crocheted Hosiery Market in Austria reported a volume of 2.19 units per capita in 2023. The market displayed a gradual decline from 2013, which was the peak year at 3.25 units per capita. Significant decreases occurred in 2016 and 2020. The year-on-year change between 2022 and 2023 showed a decline of 1.79%, with the five-year CAGR illustrating a consistent annual decrease of around 0.81% from 2019 to 2023.
Future trends to watch for include:
- Increasing demand for sustainable and eco-friendly hosiery products.
- Innovations in materials that enhance durability and comfort.
- Potential growth in online retail channels for hosiery.
