The Irish market for knitted or crocheted hosiery and footwear has shown notable year-on-year growth since 2013. By 2023, the market expanded to 81.712 million euros. Significant annual variations were observed, with high growth in 2015 at 15.12% and subsequent fluctuations, including declines in 2018 and 2020. The compound annual growth rate (CAGR) for the past five years stands at 4.12%, reflecting modest but consistent growth.
Future Trends to Watch:
- Increased consumer demand for sustainable and eco-friendly products.
- Technological advancements in materials enhancing product offerings.
- Growing e-commerce presence influencing distribution channels.
- Potential impact of economic conditions on purchasing power and consumer preferences.
| # | 14 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,256,300,000 | 2023 | +1.95% | +1.66% | View data |
| 2 | 2 France | 879,810,000 | 2023 | +1.17% | +1.41% | View data |
| 3 | 3 United Kingdom | 589,890,000 | 2023 | +0.67% | +0.77% | View data |
| 4 | 4 Spain | 304,870,000 | 2023 | +0.88% | +1.23% | View data |
| 5 | 5 Austria | 179,220,000 | 2023 | +4.11% | +4.77% | View data |
| 6 | 6 Poland | 157,860,000 | 2023 | +4.04% | +2.33% | View data |
| 7 | 7 Sweden | 114,380,000 | 2023 | +2.01% | +1.88% | View data |
| 8 | 8 Ireland | 81,712,000 | 2023 | +2.81% | +4.12% | |
| 9 | 9 Finland | 59,861,000 | 2023 | -1.41% | -0.57% | View data |
| 10 | 10 Greece | 58,703,000 | 2023 | +2.67% | +4.36% | View data |
