In 2023, the hosiery made of cotton market in China was valued at $6.849 billion. Based on the forecast data, we see a steady year-on-year growth in this market, reflecting a strong consumer demand and market expansion. The forecasted values show an average annual growth of around 2.91% from 2024 to 2028.
The data suggests consistent growth with the following year-on-year variations:
- 2024: 3.06%
- 2025: 3.11%
- 2026: 2.97%
- 2027: 2.82%
- 2028: 2.69%
The compound annual growth rate (CAGR) over the forecasted five-year period from 2024 to 2028 is expected to be around 2.93%, indicating stable and sustainable market growth for garments made of cotton.
Future trends to watch for include potential shifts in consumer preferences towards sustainable and organic cotton products, increasing e-commerce penetration, and innovations in textile technology that could impact both supply and demand dynamics in the hosiery market.
