The knitted and crocheted hosiery market in France, measured in value per capita, is set to experience modest growth from 2024 to 2028. In 2023, this value stood at €19.44. The forecast indicates a steady annual increase, with year-on-year growth rates of around 0.46%. Over a five-year span, the compound annual growth rate (CAGR) is approximately 0.48%. This gradual ascent suggests a stable demand and slight market expansion.
Future trends to watch for include:
- Potential shifts in consumer preferences towards sustainable and eco-friendly products.
- The impact of fashion trends on hosiery demand.
- Technological advancements in materials that enhance comfort and durability.
- Economic factors such as disposable income and inflation, affecting purchasing power.