From 2013 to 2023, Austria's market for Panty Hose, Tights, Stockings, Socks, and Other Hosiery of Knitted or Crocheted Textile has experienced fluctuating growth. The market size in 2023 stands at 224.47 million euros. Over the last two years, the market has seen a positive growth trend, with a 12.72% increase in 2022 and a 4.33% increase in 2023. The five-year compound annual growth rate (CAGR) from 2018 to 2023 indicates a moderate average annual growth of 3.88%.
Future trends to watch for include:
- Increasing preference for eco-friendly and sustainable materials.
- Technological advancements in textile manufacturing, enhancing comfort and functionality.
- The influence of fashion trends and consumer preferences on market dynamics.
- Potential impact of economic factors on consumer spending patterns in the hosiery sector.
How does Austria rank in Panty Hose, Tights, Stockings, Socks and Other Hosiery of Knitted or Crocheted Textile Market Size Value?
| # | 15 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,422,900,000 | 2023 | +0.83% | +0.71% | View data |
| 2 | 2 France | 1,316,500,000 | 2023 | +0.62% | +1.71% | View data |
| 3 | 3 Italy | 706,630,000 | 2023 | -2.11% | -1.84% | View data |
| 4 | 4 United Kingdom | 706,430,000 | 2023 | -0.87% | -0.46% | View data |
| 5 | 5 Spain | 369,620,000 | 2023 | -1.18% | -0.35% | View data |
| 6 | 6 Poland | 257,000,000 | 2023 | +1.39% | +1.6% | View data |
| 7 | 7 Austria | 224,470,000 | 2023 | +4.33% | +3.88% | |
| 8 | 8 Sweden | 130,720,000 | 2023 | +1.01% | +0.25% | View data |
| 9 | 9 Ireland | 95,248,000 | 2023 | +5.92% | +2.47% | View data |