In 2023, the sold production of footwear with textile uppers in Germany was less than the forecasted 54.895 million euros for 2024. From 2024, the market is expected to grow steadily with an annual increase of approximately 10.7% by 2028, reaching 77.978 million euros. The compound annual growth rate (CAGR) over the next five years, from 2024 to 2028, is anticipated to be approximately 9.1%.
Future trends to watch for include:
- Shifts towards sustainable and eco-friendly materials in footwear production.
- Increasing emphasis on digital and e-commerce platforms for distribution.
- Potential economic shifts affecting consumer spending and international trade policies impacting the footwear market.
