From 2013 to 2023, Hungary's knitted or crocheted hosiery and footwear market experienced steady growth in value per capita, rising from €2.45 to €4.89. Key trends include a notable growth spurt between 2014 and 2017, followed by stabilization.
The years 2022 and 2023 saw increases of 4.3% and 4.3% respectively. Over the last five years, the compound annual growth rate (CAGR) stands at approximately 2.6%.
Looking forward, potential market drivers include increasing fashion consciousness and innovations in sustainable materials, with consumer preferences shifting towards eco-friendly products.
| # | 14 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 20.3 | 2023 | View data | ||
| 2 | 2 Ireland | 15.84 | 2023 | View data | ||
| 3 | 3 Germany | 14.44 | 2023 | View data | ||
| 4 | 4 Estonia | 13.28 | 2023 | View data | ||
| 5 | 5 France | 13 | 2023 | View data | ||
| 11 | 11 Greece | 5.59 | 2023 | View data | ||
| 12 | 12 Czech Republic | 5.18 | 2023 | View data | ||
| 13 | 13 Hungary | 4.89 | 2023 | |||
| 14 | 14 Poland | 4.16 | 2023 | View data | ||