The market size per capita for hosiery made of synthetic fibers in Lebanon displayed a notable decline from 2013 to 2023, decreasing from $0.3 to $0.22. The period from 2013 to 2018 showed a continuous downward trend, with an annual decrease peaking in 2017. From 2019 onward, the market saw stabilization with marginal variations, registering a slight year-on-year increase in 2021, before a subsequent decline.

Trends over the past five years show a slight recovery from 2020 to 2022, before settling again. Despite this modest resurge, the compound annual growth rate over the last five years reflects a contraction.

Future trends to watch for include:

Potential market revitalization driven by innovations in synthetic fibers, enhancing product appeal.
Impact of economic factors in Lebanon on consumer spending habits and discretionary item purchases like hosiery.
Potential influence of sustainability trends on consumer preferences, possibly affecting synthetic fiber products.