In 2023, Italy led the European hosiery production market with a 49.47% share, followed by Serbia at 22.5%, exhibiting a modest growth of 2.09%. Romania surged remarkably by 317.4%, showcasing significant industry expansion. In contrast, notable declines were observed in Italy, Poland, and Portugal. While traditional manufacturers like France and Spain experienced downturns, emerging markets like Estonia grew by 17.49%. Finland had an insignificant share, nearing zero. Illustrating varied and dynamic shifts across regions, these changes highlight a broader transition and the fluctuating demand within Europe's hosiery sector.
Future trends could see further growth in Romania and new entrants from Eastern European markets, driven by lower production costs and increasing quality. Established players might focus on innovation and sustainability to retain their competitive edge.
Top countries in Sold Production of Panty Hose, Tights, Stockings, Socks and Other Hosiery of Knitted or Crocheted Textile Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 49.47 | 2023 | -5.18% | -10.56% | View data |
| 2 | 2 Serbia | 22.5 | 2023 | +1.51% | +2.09% | View data |
| 3 | 3 Poland | 7.51 | 2023 | -3.61% | -4.07% | View data |
| 4 | 4 Romania | 7.39 | 2023 | +4.07% | +317.4% | View data |
| 5 | 5 Croatia | 6.71 | 2023 | +2.91% | +3.76% | View data |
| 6 | 6 Portugal | 2.35 | 2023 | +19.03% | -12.74% | View data |
| 7 | 7 Spain | 1.4 | 2023 | +2.13% | -3.61% | View data |
| 8 | 8 France | 1.12 | 2023 | -23.17% | -5.71% | View data |
| 9 | 9 Lithuania | 0.55 | 2023 | -3.39% | -5.52% | View data |
| 10 | 10 Bulgaria | 0.27 | 2023 | -2.46% | -2.37% | View data |
