Between 2013 and 2023, the market size value per capita for panty hose and tights of knitted or crocheted synthetic fibers measuring at most 67 decitex in Spain declined from 1.47 Euros to 0.9 Euros, showing a clear downward trend. More recently, the market witnessed an annual average decline of 9.74% over the last two years, and a five-year compound annual growth rate of -4.7%. In 2023, the per capita value stood at 0.9 Euros, reflecting a continued depreciation in consumer expenditure on these products.
Future trends to watch for:
- A potential shift in consumer preferences towards eco-friendly alternatives.
- Innovation in material technologies that offer enhanced comfort and durability.
- Impact of lifestyle changes post-COVID on the demand for formal and semi-formal wear accessories.
