The Italian market for pantyhose, tights, stockings, socks, and other hosiery of knitted or crocheted textiles has consistently declined from 12.21 units per capita in 2013 to 4.58 units per capita in 2023. There was a pronounced drop in volume, particularly from 2014 to 2017, before a mild recovery phase between 2018 and 2019. Recently, from 2021 to 2023, there has been a notable downward trend, with the market reducing by approximately 25% over this two-year period. Over the last five years, the compound annual growth rate (CAGR) averaged around -9%, marking a continued decline.
Future trends to watch for:
- Potential for market stabilization or growth influenced by fashion trends or sustainable practices
- Impact of economic factors on discretionary spending and consumer preferences
- Technological advancements in material and production processes influencing product appeal
- Increasing focus on eco-friendly and durable materials might drive new market entries and consumer interest
