The market size volume for women's and girls' knitted or crocheted textile articles in Italy exhibited noticeable fluctuations over the years. In 2013, the market value stood at 156.92 million, reaching a peak of 180.85 million in 2016. Despite subsequent declines, the market value saw a gradual recovery from 2020's low of 114.17 million, stabilizing at 146.32 million in 2023. The year-on-year variation indicated a recovery phase between 2021 and 2023, with a sharp rebound in 2022, although it plateaued in 2023. The five-year CAGR highlights an average yearly decline of 1.84%.
Future trends to watch for:
- Increased emphasis on sustainability and eco-friendly textiles.
- Rising demand for comfort-driven fashion and lounge wear.
- Potential growth in e-commerce channels, influencing market dynamics.
- Technological advancements in fabric innovation and production.
