In 2023, the number of enterprises in the knitted and crocheted hosiery sector in Italy stood at a figure higher than 443. The forecast from 2024 to 2028 shows a decreasing trend from 443 enterprises in 2024 to 350 enterprises in 2028.

The year-on-year variation reveals a continuous decline: a drop of 5.6% in 2025, 5.5% in 2026, 5.8% in 2027, and 5.9% in 2028. This reflects a consistent downward trajectory with compound annual growth rate (CAGR) approximately reflecting the same gradual decline over the 5-year forecast period.

Future trends to watch for:

Impact of automation and technological advancements on the industry's structure.
Potential consolidation within the market, possibly leading to fewer, larger enterprises.
Shift in consumer preferences towards sustainable and eco-friendly products.