In 2023, the value per capita for hosiery made of wool in Germany was approximately $0.74. The forecast from 2024 to 2028 shows a gradual decline from $0.71 in 2024 to $0.58 by 2028. This marks a consistent year-on-year decrease, with the initial drop of 4.1% from 2023 to 2024, and a continuous downward trend averaging an annual negative growth rate over the five-year period.
Future trends to watch for include changing consumer preferences toward alternative materials, the impact of sustainability efforts in the textile industry, and potential shifts in discretionary spending that may influence the wool hosiery market.
