In 2023, Italy led the European market with a production value of 794.53 million euros, despite a slight decline of 1.8%. Germany and France followed with steady growth at 0.35% and 1.8% respectively. Notable growth was observed in Croatia (3.08%) and Bosnia and Herzegovina (7.07%), while Greece (-7.41%) and Hungary (-25.73%) faced significant declines. Overall, there is a mixed performance across countries, with some experiencing moderate growth and others facing challenges.
Future trends to watch include sustainable production practices becoming more prevalent, with countries focusing on eco-friendly materials and processes. The emphasis on digitalization in manufacturing could also drive efficiency and innovation in product development and distribution.
Top countries in Sold Production of Panty Hose, Tights, Stockings, Socks and Other Hosiery of Knitted or Crocheted Textile by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 794,530,000 | 2023 | +2.23% | -1.8% | View data |
| 2 | 2 Germany | 542,870,000 | 2023 | -0.94% | +0.35% | View data |
| 3 | 3 France | 390,970,000 | 2023 | +4.63% | +1.8% | View data |
| 4 | 4 Serbia | 204,820,000 | 2023 | +2.48% | +0.94% | View data |
| 5 | 5 Croatia | 177,910,000 | 2023 | +3.25% | +3.08% | View data |
| 6 | 6 Portugal | 152,080,000 | 2023 | +4.86% | -0.31% | View data |
| 7 | 7 Poland | 136,080,000 | 2023 | -0.58% | -0.49% | View data |
| 8 | 8 Spain | 66,693,000 | 2023 | -1.35% | -3.37% | View data |
| 9 | 9 Bulgaria | 33,998,000 | 2023 | +1.68% | +1.54% | View data |
| 10 | 10 Slovakia | 26,393,000 | 2023 | +1.25% | -0.92% | View data |
