In 2024, the global footwear market with upper straps or thongs assembled to the sole by means of plugs showcases varied country performances. Italy leads with a value share of $28.4 million, followed by Spain at $17.96 million. The United Kingdom and Germany have notable values of $11.01 million and $10.38 million, respectively. From 2022 to 2023, significant year-on-year growth occurred in South Africa (4.36%) and Spain (3.95%), while Ireland decreased by 6.62%. Sweden saw a remarkable 9.11% increase. Over the past five years, these shares have shown varied growth, represented by a diverse CAGR.
Looking ahead, expect technological innovations and sustainable practices to drive the market. Increasing consumer preference for eco-friendly materials and the rise of e-commerce will likely influence future market trends. Regional economic conditions and changing fashion trends will continue to impact growth differently across countries.
Top countries in Footwear with Upper Straps or Thongs Assembled to the Sole by Means of Plugs Market Size Value Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 28.4 | 2023 | +0.53% | +0.72% | View data |
| 2 | 2 Spain | 17.96 | 2023 | +4.6% | +3.95% | View data |
| 3 | 3 United Kingdom | 11.01 | 2023 | -1.77% | -2.78% | View data |
| 4 | 4 Germany | 10.38 | 2023 | +2% | +2.17% | View data |
| 5 | 5 Colombia | 9.07 | 2023 | +2.44% | +2.21% | View data |
| 6 | 6 South Africa | 7.55 | 2023 | +4% | +4.36% | View data |
| 7 | 7 Chile | 5.5 | 2023 | +1.48% | +1.53% | View data |
| 8 | 8 Peru | 3.5 | 2023 | -1.11% | -0.86% | View data |
| 9 | 9 Guatemala | 2.88 | 2023 | +2.17% | +1.04% | View data |
| 10 | 10 Sweden | 1 | 2023 | +2.11% | +9.11% | View data |
