In 2024, the forecast for the sold production of women's sandals with leather uppers in France is valued at 7.711 million euros. This marks a continuation of a steady decline observed since 2023. By 2025, the value is expected to decrease by 20.56% year-on-year to 6.1248 million euros. The downward trend accelerates, with the year-on-year reduction reaching 25.66% in 2026, as the value drops to 4.5546 million euros. This contraction steepens through 2027 and 2028, with respective year-on-year declines of 34.16% and 51.3% from the previous years, indicating a compound annual growth rate (CAGR) of significant negative value over the five-year timeframe.
Future trends to watch for:
- Shifts in consumer preferences towards more sustainable or alternative materials.
- The impact of economic factors influencing purchasing power and fashion spending.
- Market competition from non-leather footwear options becoming increasingly popular.
- Technological advancements in production that may affect cost structures or design appeal.