The global market for footwear with uppers of leather shows notable disparities across countries. In 2023, China dominated with a market share of 31.57 billion USD, followed by Germany (13.88 billion USD) and France (13.44 billion USD). Year-on-year variations show growth in China and other emerging markets like Hungary and Guatemala, whereas traditional markets like Germany and the United Kingdom witnessed slight declines.
Future trends to watch include the continued growth in emerging markets, driven by increasing consumer purchasing power and a shift towards premium products. Conversely, developed markets may face challenges from economic uncertainty and sustainability pressures, impacting overall market dynamics.
Top countries in Footwear with Uppers of Leather Market Size Value Share by Country (US Dollars)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 China | 31.57 | 2023 | +6.57% | +4.42% | View data |
2 | 2 Germany | 13.88 | 2023 | +0.99% | -0.53% | View data |
3 | 3 France | 13.44 | 2023 | +0.27% | +0.32% | View data |
4 | 4 United Kingdom | 9.73 | 2023 | -1.22% | -1.02% | View data |
5 | 5 Spain | 4.8 | 2023 | -0.023% | +0.9% | View data |
6 | 6 Netherlands | 4.01 | 2023 | +1.59% | +1.73% | View data |
7 | 7 India | 3.65 | 2023 | +2.09% | +1.51% | View data |
8 | 8 Australia | 3.5 | 2023 | +0.67% | +0.41% | View data |
9 | 9 Canada | 3.31 | 2023 | -0.15% | -0.43% | View data |
10 | 10 Austria | 2.02 | 2023 | +0.14% | -0.29% | View data |