The market size for pantyhose made of non-synthetic materials in Sri Lanka has seen a consistent decline from 2013 to 2023, decreasing from $6.3273 million to $2.2358 million. Year-on-year declines were observed each year, except for 2021, which saw a slight recovery. The average annual decline over the past five years is approximately 7.15%, highlighting a shrinking market. In 2023, the market stood at $2.2358 million, indicative of the continuous downward trend.
Future trends to watch for include potential recovery influenced by sustainability trends that favor natural fibers, along with market expansions driven by stronger global demand and brand repositioning efforts in eco-friendly and sustainable product segments.
