The hosiery market made of cotton in Portugal experienced fluctuations from 2013 to 2023, standing at 103.5 million USD in 2023. The market faced notable declines particularly in 2017, showing a year-on-year decrease of 16.82%, with a negative compound annual growth rate (CAGR) of 2.05% over the last five years. Despite minor recovery attempts in 2018, the overall trend remained downward with continual year-on-year declines between 2019 to 2023.

Future trends to watch for:

Growing consumer preference for sustainability may drive demand for eco-friendly cotton hosiery.
Innovations in fabric technology could revive interest and market growth.
Potential impact of economic recovery post-COVID-19 on discretionary spending habits.