Key Market Indicators
Germany's footwear market is projected to hit approximately €2.5 billion by 2028, up from around €2.4 billion in 2023. This represents an average annual growth rate of 1.2%. Since 2013, the German market has experienced a modest annual growth rate of 0.3%. In 2023, Germany was ranked third in the European footwear market, with Spain surpassing it by reaching €2.4 billion. The current rankings place Spain, Germany, and Portugal in the second, third, and fourth positions, respectively.
