The Knitted or Crocheted Hosiery and Footwear market in Sweden has experienced a generally steady growth from 2013 to 2023, with the value per capita rising from €9.22 to €10.68. A notable upward trend peaked between 2014 and 2016, continuing at a moderate pace until 2023, where the value now stands at €10.68. Over the past two years, there has been a slight growth in per capita value, with a year-on-year increase of roughly 0.66% between 2022 and 2023.
Over the last five years, the compound annual growth rate (CAGR) averaged a modest 0.75%, indicating a stable yet slow upward trajectory. This steady trend suggests increased consumer preferences for hosiery and footwear or possibly inflation effects.
Looking ahead, future trends to watch for may include technological innovations in material sustainability, changes in consumer purchasing behavior influenced by environmental concerns, and the potential impacts of global economic conditions on consumer spending. Additionally, evolving fashion trends and the rise of e-commerce platforms could present significant opportunities for market growth in Sweden.
| # | 14 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 20.3 | 2023 | View data | ||
| 2 | 2 Ireland | 15.84 | 2023 | View data | ||
| 3 | 3 Germany | 14.44 | 2023 | View data | ||
| 4 | 4 Estonia | 13.28 | 2023 | View data | ||
| 5 | 5 France | 13 | 2023 | View data | ||
| 6 | 6 Finland | 11.56 | 2023 | View data | ||
| 7 | 7 Sweden | 10.68 | 2023 | |||
| 8 | 8 United Kingdom | 8.71 | 2023 | View data | ||
| 9 | 9 Denmark | 7.54 | 2023 | View data | ||
