The European knitted and crocheted hosiery market shows Germany leading with the highest market value, followed by France. Trends in 2023 indicate marginal growth in Germany and France, with notable increases in Austria, Ireland, and Hungary. Conversely, declines are seen in Italy, the United Kingdom, and Finland. The consistent growth in Poland suggests a potential market expansion, while decreases in Nordic countries reflect regional disparities. Overall, the market displays a modest compound annual growth rate, with 2023 variations mirroring localized trends.
Future trends to watch include:
- Expansion in the sustainable and eco-friendly hosiery sector.
- Potential increases in demand due to fashion trends and consumer preferences.
- Technological advancements in production and materials enhancing market offerings.
- Impacts of economic fluctuations potentially altering consumer spending behavior.
Top countries in Knitted and Crocheted Hosiery Market Size Value Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 25.4 | 2023 | +0.83% | +0.71% | View data |
| 2 | 2 France | 23.5 | 2023 | +0.62% | +1.71% | View data |
| 3 | 3 Italy | 12.62 | 2023 | -2.11% | -1.84% | View data |
| 4 | 4 United Kingdom | 12.61 | 2023 | -0.87% | -0.46% | View data |
| 5 | 5 Spain | 6.6 | 2023 | -1.18% | -0.35% | View data |
| 6 | 6 Poland | 4.59 | 2023 | +1.39% | +1.6% | View data |
| 7 | 7 Austria | 4.01 | 2023 | +4.33% | +3.88% | View data |
| 8 | 8 Sweden | 2.33 | 2023 | +1.01% | +0.25% | View data |
| 9 | 9 Ireland | 1.7 | 2023 | +5.92% | +2.47% | View data |
| 10 | 10 Hungary | 1.42 | 2023 | +9.22% | +2.12% | View data |
