Key Market Indicators
Estonian Footwear Sales are projected to reach €25 million by 2028, up from €24.5 million in 2023, marking a modest growth rate of 0.3% annually. However, the market has experienced a decline since 2013, with an average annual decrease of 1.3%. In 2023, Estonia ranked 18th in the European footwear market, just behind the Czech Republic, which also reported sales of €24.5 million. Leading the rankings, Spain, Germany, and Portugal secured the second, third, and fourth positions, respectively.
