Italy maintains a dominant position in European footwear production, accounting for over half of the market share at 53.73%, with a modest 2.7% increase in 2023. Germany, showing a significant growth of 6.27%, and Spain, despite a 1.8% drop, follow Italy. Notably, Austria experienced a remarkable 93.56% rise, while France saw a sharp decline of 40.42%. Other countries exhibited relatively minor fluctuations in their shares, indicating stability or slight adjustments in the European footwear market.
Future trends to watch include potential continuous expansion in Germany's market share and Austria's sustained growth. Meanwhile, countries like Spain and the United Kingdom may need strategic adaptations to reverse or mitigate recent downturns. Overall, economic factors, consumer preferences, and innovation in production will influence the European footwear industry's dynamics.
Top countries in Sold Production of Footwear Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 53.73 | 2023 | +7.03% | +2.7% | View data |
| 2 | 2 Spain | 11.66 | 2023 | +3.76% | -1.8% | View data |
| 3 | 3 Portugal | 9.4 | 2023 | -0.34% | -2.02% | View data |
| 4 | 4 Germany | 7.12 | 2023 | +13.96% | +6.27% | View data |
| 5 | 5 Romania | 5.45 | 2023 | +0.022% | -0.14% | View data |
| 6 | 6 Slovakia | 2.71 | 2023 | +4.02% | +3.43% | View data |
| 7 | 7 Poland | 2.31 | 2023 | +1.42% | +0.89% | View data |
| 8 | 8 Austria | 1.18 | 2023 | +2.98% | +93.56% | View data |
| 9 | 9 Serbia | 1.09 | 2023 | +5% | +4.55% | View data |
| 10 | 10 United Kingdom | 1.05 | 2023 | -5.14% | -4.98% | View data |
