In Italy, the knitted or crocheted hosiery market, including pantyhose, tights, stockings, and socks, is forecasted to decline in size, with values projected to move from approximately €689.88 million in 2024 to about €626.94 million by 2028. This represents a consistent negative growth. Comparing forecasts with historical data, the market faced a downturn in 2023, contributing to a negative five-year CAGR, showcasing a consistent downward trend ahead.
Future trends to watch for include:
- Changing consumer preferences towards comfort and alternative products.
- Global economic conditions impacting discretionary spending.
- Increased competition from more sustainable and innovative hosiery solutions.