In 2023, Italy led the European production of women's town footwear with leather uppers, significantly outpacing other countries with 3.2382 billion euros. Portugal and Spain followed, albeit with a substantial gap, showing values of 0.82254 and 0.81519 billion euros respectively. While Italy observed a robust year-on-year growth of 2.75%, other key players such as Portugal and Spain experienced declines. Emerging production from Romania and Slovakia has shown positive growth, pointing to the potential shifts in production dynamics, in contrast to countries like France, facing significant drops in production.
Monitoring future trends, the European footwear production is witnessing diversification with smaller countries like Lithuania and Estonia displaying strong growth. Automation and sustainable production are forecasted to shape the sector, possibly altering cost structures and production locations. Keeping an eye on these emerging markets and technological developments will be crucial for stakeholders in the industry. The shift towards digital channels and direct-to-consumer strategies may also play a vital role in defining future production landscapes.
Top countries in Sold Production of Women's Town Footwear with Leather Uppers by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 3,238,200,000 | 2023 | +7.7% | +2.75% | View data |
| 2 | 2 Portugal | 822,540,000 | 2023 | +3.37% | -0.95% | View data |
| 3 | 3 Spain | 815,190,000 | 2023 | +7.47% | -1.85% | View data |
| 4 | 4 Romania | 220,640,000 | 2023 | -1.38% | +1.31% | View data |
| 5 | 5 Slovakia | 192,010,000 | 2023 | +3.72% | +2.06% | View data |
| 6 | 6 Austria | 181,030,000 | 2023 | -0.025% | -1.78% | View data |
| 7 | 7 Germany | 146,370,000 | 2023 | +2.24% | -1.73% | View data |
| 8 | 8 Poland | 141,370,000 | 2023 | +0.47% | +0.063% | View data |
| 9 | 9 Hungary | 74,731,000 | 2023 | +0.6% | -0.74% | View data |
| 10 | 10 Serbia | 67,958,000 | 2023 | +5.42% | +2.15% | View data |