The UK Knitted or Crocheted Hosiery and Footwear Market has shown fluctuations between 2013 and 2023, reaching a value of 589.89 million euros in 2023. The market saw notable growth from 2013 to 2014 and exhibited a combination of declines and modest gains in subsequent years. The compound annual growth rate (CAGR) from 2018 to 2023 was minimal at 0.77%, indicating relatively stagnant growth in the latter years.
Future trends to watch for include:
- Increasing consumer awareness toward sustainability could drive demand for eco-friendly products.
- Online retail expansion might bolster market reach and accessibility.
- Potential economic shifts and price sensitivity could influence consumer purchasing behavior.
How does the United Kingdom rank in Knitted or Crocheted Hosiery and Footwear Market Size Value?
| # | 14 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% | |
| 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 |
