From 2013 to 2023, the market size volume per capita of knitted or crocheted hosiery in Belgium shows a declining trend. After peaking in 2015 at 1.35 per capita, the market gradually decreased to 0.85 per capita in 2023. This represents a 10.5% decrease from 2022 to 2023, and a significant negative compound annual growth rate (CAGR) of approximately -2.75% over the last 5 years.
Future trends to watch include the potential impact of sustainable materials and environmental concerns on consumer preferences, alongside technological innovations in textiles that may drive a shift in demand patterns within the Belgian hosiery market.
