In 2023, Italy leads in the number of enterprises within the European knitted and crocheted hosiery sector, with Poland and the Czech Republic as significant contributors. Year-on-year variation indicates a declining trend across most countries, with notable decreases in Sweden and Poland and increases in Bosnia and Herzegovina and Estonia. Over the past five years, the industry shows a diverse trend with some stability and growth in specific regions like Slovakia and Romania, while others face contraction.
Future trends in this sector may include:
- Increased digitalization and e-commerce, potentially leading to market consolidation.
- Growing demand for sustainable and eco-friendly products, influencing manufacturing practices.
- Potential for expansion in Eastern European countries as they modernize and invest in technology.
Top countries in Knitted and Crocheted Hosiery Number of Enterprises by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 469 | 2023 | -5.44% | -5.79% | View data |
| 2 | 2 Poland | 220 | 2023 | -10.57% | -10.07% | View data |
| 3 | 3 Czech Republic | 185 | 2023 | -1.07% | -1.81% | View data |
| 4 | 4 Portugal | 165 | 2023 | -2.37% | -3.48% | View data |
| 5 | 5 Lithuania | 87 | 2023 | +7.41% | +0.47% | View data |
| 6 | 6 Romania | 76 | 2023 | +1.33% | +1.66% | View data |
| 7 | 7 Serbia | 51 | 2023 | 0% | 0% | View data |
| 8 | 8 Bulgaria | 47 | 2023 | -7.84% | -6.85% | View data |
| 9 | 9 Bosnia and Herzegovina | 43 | 2023 | +7.5% | +8.2% | View data |
| 10 | 10 Spain | 38 | 2023 | -11.63% | -7.46% | View data |
