In 2023, the market for women's and girls' knitted or crocheted textiles in Belgium reached 36.462 million in volume. This marked a modest 2% year-on-year increase from 2022, reflecting a positive trend following a period of more volatile changes. Over the last five years, the compound annual growth rate (CAGR) stood at 0.87%, indicating a gentle recovery and slight upward momentum in the sector.
Future trends to watch for include:
- Increased consumer demand for sustainable and eco-friendly materials.
- Growing interest in fashion-tech integration, enhancing product appeal.
- Potential market expansion due to the rising popularity of athleisure wear.