In Italy, the market for footwear with upper straps or thongs fastened to the sole using plugs exhibited a moderate growth trajectory from 2013 to 2023. The per capita value stood at $4.82 in 2023, rising from $4.57 in 2013. The annual variation over 2022 was approximately 0.42%, with the compound annual growth rate (CAGR) reflecting a slight positive trend at about 0.51% over the last five years. Notably, there was a recovery in value per capita post-2020, suggesting resilience despite economic challenges.
Looking forward, watch for emerging trends in eco-friendly materials, increasing consumer preference for comfort, and shifts in fashion towards sporty and casual styles, which could drive further growth in this market segment.
