The market size for panty hose and tights of knitted or crocheted synthetic fibers measuring at least 67 decitex per single yarn in France experienced a consistent decline from 2013 to 2021, with a sharp decrease of approximately 42.3% during this period. However, from 2021 to 2023, the market showcased a slight recovery, increasing from 19.244 million Euros to 19.897 million Euros, reflecting a year-on-year growth of 1.67% in 2023. The Compound Annual Growth Rate (CAGR) from 2019 to 2023 was approximately -4.11%, indicating a decreasing trend over this timeframe.
Future trends to watch for include:
- Shifts in consumer preference towards sustainable and eco-friendly materials, potentially impacting synthetic fiber demand.
- Cross-industry technological advancements in material science leading to innovative product offerings.
- Potential market recovery driven by fashion trends that may favor tights and hosiery.