The Hungarian market for knitted or crocheted hosiery, including panty hose, tights, stockings, and socks, showed robust growth from 2013 to 2018, peaking at a substantial increase in market value, especially in 2018. Post-2019, the market experienced fluctuations with a significant downturn in 2020 likely due to external disruptions, but it rebounded strongly in 2021 and continued to grow in 2023, reaching a value of 79.625 million euros. The five-year CAGR till 2023 slowed to 2.12%, reflecting these fluctuations.
Future trends to watch for:
- Potential market stabilization or continued growth post-recovery as consumer habits normalize.
- Growth driven by fashion trends, sustainable textile demands, and economic conditions.
| # | 15 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,422,900,000 | 2023 | +0.83% | +0.71% | View data |
| 2 | 2 France | 1,316,500,000 | 2023 | +0.62% | +1.71% | View data |
| 3 | 3 Italy | 706,630,000 | 2023 | -2.11% | -1.84% | View data |
| 4 | 4 United Kingdom | 706,430,000 | 2023 | -0.87% | -0.46% | View data |
| 5 | 5 Spain | 369,620,000 | 2023 | -1.18% | -0.35% | View data |
| 8 | 8 Sweden | 130,720,000 | 2023 | +1.01% | +0.25% | View data |
| 9 | 9 Ireland | 95,248,000 | 2023 | +5.92% | +2.47% | View data |
| 10 | 10 Hungary | 79,625,000 | 2023 | +9.22% | +2.12% | |
| 11 | 11 Finland | 70,601,000 | 2023 | -2.71% | -1.82% | View data |
| 12 | 12 Denmark | 70,180,000 | 2023 | -1.15% | -2.37% | View data |
