The knitted and crocheted hosiery market in Sweden is forecasted to grow steadily from 2024 to 2028. Starting at 132.02 million Euros in 2024, it is expected to reach 137.08 million Euros by 2028. This represents a year-on-year growth of approximately 1% each year. As of 2023, the market stood at 130.8 million Euros, which shows a positive trend and recovery from previous years.
Over the past two years, the year-on-year variations were consistently around 1%. The compounded annual growth rate (CAGR) over the five-year period is projected to be close to 1.8%, indicating steady and modest growth in market value.
Future trends to watch for include the increasing influence of sustainable materials and practices, the rise of e-commerce channels, and technological advancements in textile manufacturing. Monitoring these factors will be crucial for anticipating changes and opportunities in the hosiery market in Sweden.
