The Spanish market for knitted or crocheted hosiery, encompassing panty hose, tights, stockings, socks, and other similar items, stood at 28.468 million in volume in 2023, reflecting a downward trend. The year-on-year variation from 2022 to 2023 was a decline of 5.72%, highlighting a continuation of the decreasing volume observed over recent years. The compound annual growth rate (CAGR) for the past five years was -5.33%, indicating a substantial contraction. The most significant declines occurred in 2018 and 2020, with some recovery in 2021.

Future trends to consider:

Increased focus on sustainable materials and eco-friendly products.
Rising engagement in e-commerce channels to capture a broader market.
Innovation in fabric technology and multifunctional or hybrid hosiery items.
Potential influence of changing fashion trends and lifestyle shifts towards comfort and casual wear.