The Knitted and Crocheted Hosiery market in the UK demonstrated significant volatility from 2013 to 2023, with an initial value of 14.49 Euros per capita in 2013, declining sharply to 10.37 Euros per capita by 2023. The period experienced a notable dip in 2016 with values reaching 11.28 Euros, followed by slight recoveries and a significant drop in 2020 to 8.97 Euros amid global disruptions. The past two years, 2022 and 2023, reflected a slight downward trend with a 1.36% decrease. The CAGR over the last five years was a negative 0.60%, indicating a long-term decline in market value.
Future trends to watch for include:
- The impact of sustainable and eco-friendly materials on consumer preferences.
- Potential market recovery driven by innovations in hosiery technology.
- Shifts in consumer behavior post-pandemic, influencing demand and value.
How does the United Kingdom rank in Knitted and Crocheted Hosiery Market Size Value Per Capita?
| # | 15 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 23.2 | 2023 | View data | ||
| 2 | 2 Ireland | 19.62 | 2023 | View data | ||
| 3 | 3 France | 19.43 | 2023 | View data | ||
| 4 | 4 Germany | 16.73 | 2023 | View data | ||
| 5 | 5 Finland | 13.3 | 2023 | View data | ||
| 8 | 8 Sweden | 11.96 | 2023 | View data | ||
| 9 | 9 Italy | 11.77 | 2023 | View data | ||
| 10 | 10 United Kingdom | 10.37 | 2023 | |||
| 11 | 11 Spain | 8.33 | 2023 | View data | ||
| 12 | 12 Hungary | 8.23 | 2023 | View data | ||