The re-import of footwear with outer soles of rubber or plastics and uppers of leather to the UK is forecasted to grow steadily from 2024 to 2028, starting at 12.13 thousand kilograms in 2024 and reaching 14.1 thousand kilograms by 2028. The data indicates a continuous year-on-year growth of around 4% to 5% annually, reflecting a positive trend for the market. In the previous year, 2023, the value stood slightly lower, marking the beginning of this upward trajectory. This forward projection suggests a Compound Annual Growth Rate (CAGR) of approximately 4% over the 5-year period.
Future trends to watch for include the impact of sustainability and material innovation within the footwear industry, shifts in consumer preferences towards eco-friendly materials, and potential economic factors that could influence trade policies or currency fluctuations, affecting import volumes.
