The forecast for US imports of knitted or crocheted panty hose and tights of synthetic fibers reveals a consistent decline from 2024 to 2028. Starting from an estimated $98.45 million in 2024, the import value is projected to decrease annually, reaching $80.669 million in 2028. This indicates a year-on-year decrease: 4.65% from 2024 to 2025, 4.78% from 2025 to 2026, 4.93% from 2026 to 2027, and 5.06% from 2027 to 2028. The compound annual growth rate (CAGR) over this period is approximately -4.76%. In 2023, the value stood at $103 million.
Future trends to watch for:
- Potential shifts in fashion trends influencing consumer demand.
- Technological advancements in textile manufacturing reducing costs.
- Changes in trade policies impacting import volumes.
- Sustainability and eco-friendly initiatives gaining traction.
