In Finland, the per capita market size value of knitted or crocheted hosiery and footwear peaked at €12.71 in 2017 and showed fluctuations, ultimately standing at €11.56 in 2023. Year-on-year, values shifted with notable declines in 2018 and 2022 at 12.19% and 11.59% respectively. Over the last two years, a slight decrease of 0.26% was observed. The compound annual growth rate (CAGR) from 2019 to 2023 amounted to -0.26%, indicating a slight downturn in the market.
Future trends to watch include:
- Impact of sustainability efforts driving demand for eco-friendly products.
- Digitization and e-commerce expansion potentially enhancing market reach.
- Innovation in product offerings could stimulate consumer interest.
How does Finland rank in Knitted or Crocheted Hosiery and Footwear Market Size Value Per Capita?
| # | 14 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 20.3 | 2023 | View data | ||
| 2 | 2 Ireland | 15.84 | 2023 | View data | ||
| 3 | 3 Germany | 14.44 | 2023 | View data | ||
| 4 | 4 Estonia | 13.28 | 2023 | View data | ||
| 5 | 5 France | 13 | 2023 | View data | ||
| 6 | 6 Finland | 11.56 | 2023 | |||
| 7 | 7 Sweden | 10.68 | 2023 | View data | ||
| 8 | 8 United Kingdom | 8.71 | 2023 | View data | ||