The knitted or crocheted hosiery and footwear market in France experienced steady growth from 2013 to 2019, reflected by a rise from 687.44 million euros to 842.77 million euros. However, a notable decline occurred in 2020 with a year-on-year decrease of 4.35%, recovering to 879.81 million euros by 2023. This demonstrates resilience, with a CAGR of 1.41% over the past five years. The market's performance has shown a steady growth trajectory despite pandemic-related setbacks, evidenced by a strong post-2020 recovery.
Future trends to watch for include:
- Technological advancements in textile manufacturing.
- Increased demand for sustainable and eco-friendly products.
- Shifts towards online retail and digital marketing strategies.
How does France rank in Knitted or Crocheted Hosiery and Footwear Market Size Value?
| # | 14 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,256,300,000 | 2023 | +1.95% | +1.66% | View data |
| 2 | 2 France | 879,810,000 | 2023 | +1.17% | +1.41% | |
| 3 | 3 United Kingdom | 589,890,000 | 2023 | +0.67% | +0.77% | View data |
| 4 | 4 Spain | 304,870,000 | 2023 | +0.88% | +1.23% | View data |
| 5 | 5 Austria | 179,220,000 | 2023 | +4.11% | +4.77% | View data |
