The market size for knitted or crocheted hosiery and footwear in Austria has shown a positive trend from 2013 to 2023, with a significant increase in value from 107.09 million euros in 2013 to 179.22 million euros in 2023. Year-on-year growth saw notable peaks in 2016 and 2020, suggesting periods of heightened consumer demand or market expansion. The compound annual growth rate (CAGR) over the last five years was 4.77%, further affirming a consistent upward trajectory.
Future trends to watch for include:
- Continued growth driven by digital retail and increased consumer spending on fashion.
- Increased interest in sustainable and eco-friendly hosiery and footwear, impacting purchasing decisions.
- Technological advancements in materials and production techniques enhancing product appeal.
| # | 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% | View data |
| 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% | |
| 6 | 6 Poland | 157,860,000 | 2023 | +4.04% | +2.33% | View data |
| 7 | 7 Sweden | 114,380,000 | 2023 | +2.01% | +1.88% | View data |
