In 2023, the knitted and crocheted hosiery gross value added per employee FTE in Italy stood at a level prior to the forecasted increase starting in 2024. The year-on-year growth from 2024 through 2028 demonstrates a steady upward trend, with values increasing annually from 95.8 thousand euros in 2024 to 116.5 thousand euros in 2028. The compound annual growth rate (CAGR) over this period is set at 4.9%, indicating robust growth in productivity and value generation within the industry.

Future trends to watch for include:

Technological advancements in production processes that can further enhance efficiency and value.
Shifts in consumer preferences towards sustainable and high-quality hosiery products.
Potential impacts of global economic conditions on the hosiery market demand and production costs.