In 2023, the actual value for the sold production of women's full-length or knee-length knitted or crocheted hosiery in Italy stood at 153 million Euros. From 2024 onwards, the forecasted data reveals a consistent decline: 150.98 million Euros in 2024, 148.5 million in 2025, 146.04 million in 2026, 143.61 million in 2027, and 141.2 million in 2028. Year-on-year variations pose a negative trend, indicating a gradual decrease averaging at a Compound Annual Growth Rate (CAGR) of approximately -1.6% from 2024 to 2028.
Future trends to watch for:
- Innovations in sustainable materials and manufacturing processes may influence production and sales.
- Changing consumer preferences towards more multifunctional or fashionable hosiery.
- Impact of economic conditions and fashion trends on discretionary spending in the apparel sector.