The US market for wool hosiery was valued at $280 million in 2023. Forecasts predict a steady growth, reaching $284.76 million in 2024, an increase of 1.70% from the previous year. Growth continues year-on-year: +1.77% in 2025, +1.71% in 2026, +1.64% in 2027, and +1.58% in 2028. The compound annual growth rate (CAGR) over this five-year period is approximately 1.68%.
Future trends to watch for include:
• Increasing consumer interest in sustainable and eco-friendly products, potentially driving demand for natural fiber hosiery like wool.
• Innovations in wool processing technologies, enhancing comfort and performance of hosiery.
• Seasonal fashion trends influencing the demand and market size for wool hosiery.
• Macroeconomic factors, such as changes in disposable income and consumer confidence, impacting overall spending in fashion and apparel segments.
