The market for panty hose and tights of knitted or crocheted synthetic fibers measuring at most 67 decitex per single yarn in Germany has experienced a significant decline over the past decade, with a sharp decrease from 141.78 million euros in 2013 to 39.38 million euros in 2023. Notably, the last two years have seen a downturn of approximately 17.2% from 2021 to 2022 and about 17% from 2022 to 2023. The compound annual growth rate (CAGR) over the last five years shows an average annual decline of nearly 17.2%.
Future trends to watch for include:
- Increased demand for sustainable and eco-friendly products
- Technological advancements in material innovation
- Potential shifts in fashion trends favoring or disfavoring tights
