The import of hosiery, knitted or crocheted, into China is projected to increase from $142.06 million in 2024 to $164.37 million in 2028. This reflects a consistent upward trend, with the compound annual growth rate (CAGR) estimated at approximately 3.72% from 2024 to 2028. The year-on-year growth rate fluctuates but hovers around 3.6% to 3.8% annually, indicating a steady expansion in market demand.
Future trends to watch for:
- Continued growth driven by rising disposable incomes and a growing middle class in China.
- Potential influence of sustainable and eco-friendly materials gaining popularity among consumers.
- Impact of trade policies and global supply chain challenges on import patterns.