In 2023, Germany led the European market for knitted or crocheted hosiery and footwear with a revenue of 1.2563 billion euros, followed by France at 0.87981 billion euros and the UK at 0.58989 billion euros. Smaller markets like Estonia and Hungary contributed less, yet demonstrated notable growth. The 2023 year-on-year trends reveal Austria, Ireland, and Greece as the fastest-growing markets, with growth rates of 4.77%, 4.12%, and 4.36% respectively. Finland's market slightly contracted at -0.57%. Over the past five years, these data points reveal an intricate landscape of both stable and rapidly growing segments in Europe.
Future trends in this sector should watch for sustainability influences and retail innovations as key drivers. Eco-friendly products and online sales channels are expected to drive consumer choices and market expansion. Emphasis on comfort and technology integration will likely play a significant role in shaping market dynamics and consumer preferences.
Top countries in Knitted or Crocheted Hosiery and Footwear Market Size Value by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,256,300,000 | 2023 | +1.95% | +1.66% | View data |
| 2 | 2 France | 879,810,000 | 2023 | +1.17% | +1.41% | View data |
| 3 | 3 United Kingdom | 589,890,000 | 2023 | +0.67% | +0.77% | View data |
| 4 | 4 Spain | 304,870,000 | 2023 | +0.88% | +1.23% | View data |
| 5 | 5 Austria | 179,220,000 | 2023 | +4.11% | +4.77% | View data |
| 6 | 6 Poland | 157,860,000 | 2023 | +4.04% | +2.33% | View data |
| 7 | 7 Sweden | 114,380,000 | 2023 | +2.01% | +1.88% | View data |
| 8 | 8 Ireland | 81,712,000 | 2023 | +2.81% | +4.12% | View data |
| 9 | 9 Finland | 59,861,000 | 2023 | -1.41% | -0.57% | View data |
| 10 | 10 Greece | 58,703,000 | 2023 | +2.67% | +4.36% | View data |
