The knitted or crocheted hosiery and footwear market in Estonia reached a value of 17.101 million euros in 2023, marking a year-on-year growth of 3.95% from the previous year. Over the past decade, the market has shown consistent growth, with a significant CAGR of 2.89% over the last five years. Following the rapid increase in 2016, annual variations have stabilized, indicating a mature market.
Future trends to watch for include the continued influence of sustainable fashion, driving demand for eco-friendly products. Additionally, technological advancements and e-commerce expansion are set to further shape this market sector.
How does Estonia rank in Knitted or Crocheted Hosiery and Footwear Market Size Value?
| # | 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% | View data |
| 12 | 12 Hungary | 48,132,000 | 2023 | +4.91% | +2.73% | View data |
| 13 | 13 Denmark | 44,436,000 | 2023 | -0.2% | +0.18% | View data |
| 14 | 14 Estonia | 17,101,000 | 2023 | +3.95% | +2.89% | |
