Between 2013 and 2023, the per capita market size value of panty hose made of materials other than synthetic fibers in Greece fluctuated modestly, largely increasing from $0.65 to $0.80. After a decline in 2020 to $0.65, the market rebounded, reaching $0.80 in 2023, indicating a recovery and growth trend. The year-on-year percentage increase from 2022 to 2023 remains stable at 0%. The compound annual growth rate (CAGR) over the last five years stands at approximately 2%. This suggests a consistent interest and gradual growth in the market for these products.
Future trends to watch include:
- A shift towards more sustainable and eco-friendly materials, reflecting global consumer preferences.
- Potential market expansion driven by fashion trends highlighting natural fiber hosiery.
- Economic factors such as disposable income levels in Greece which may impact purchasing behaviors.