Key Market Indicators
Portuguese footwear sales are projected to decline to €1.9 billion by 2028, down from €2.1 billion in 2023. This represents an average annual decrease of 1.3%. Since 2013, the Portuguese market has experienced an average annual decline of 3%. In 2023, Portugal ranked fourth in the European footwear market. Germany surpassed Portugal, matching its €2.1 billion in sales. Spain, Germany, and Portugal secured the second, third, and fourth positions respectively in this ranking.