The Polish footwear market experienced notable fluctuations over the past decade, starting at 2.64 billion Zloty in 2013 and reaching 3.69 billion Zloty by 2023. There were significant growth periods, such as a 13.95% increase in 2013 and a 10.75% rise in 2014, contrasted with declines like the 5.95% drop in 2015 and a sharp 20.99% decrease in 2020, attributed to the pandemic. Recovery began in 2021 with a 29.97% rise, followed by a steady upward trend, with a year-on-year growth of 7.89% in 2023. The last five years saw an average annual growth (CAGR) of 1.79%.
Future trends to watch for include:
• The continued market recovery, transitioning from the pandemic impact, with a forecasted CAGR of 2.32% from 2024 to 2028.
• Increasing consumer demand driven by rising disposable incomes and fashion trends.
• The potential shift towards sustainable and eco-friendly footwear options influencing market dynamics.
