The UK knitted and crocheted hosiery market is projected to decrease from 699.64 million Euros in 2024 to 674.1 million Euros in 2028. The forecast shows a year-on-year decline of approximately 0.94% by 2025 and continues at a similar pace into 2028. This steady decrease equates to a Compound Annual Growth Rate (CAGR) of around -0.93% over five years. The actual market size in 2023 was approximately 706 million Euros.

Future trends to watch for include:

Innovation in sustainable materials which might drive renewed consumer interest.
Shifts in consumer spending habits influenced by economic factors.
Potential growth in online sales channels increasing reach and convenience for buyers.