The French hosiery market made of synthetic fibres saw fluctuations in value per capita over the past decade, with a notable dip to $5.53 in 2020, likely due to COVID-19 impacts. By 2023, the market regained stability, reaching $6.73, indicating resilience and gradual recovery. The year-on-year increases in 2023 and 2022 were modest at approximately 0.3%, representing consistent growth post-pandemic. Over the past five years, the compound annual growth rate was approximately 0.24%, reflecting steady, albeit moderate, market expansion.
Future trends to watch include:
- The impact of sustainability on synthetic fibre production.
- Innovations in fabric technology enhancing comfort and performance.
- Shifts in consumer purchasing behavior towards e-commerce platforms.
