In 2023, Italy leads the European footwear market with a turnover of €14.86 billion, followed by Spain and Germany. While some countries experienced growth, such as Serbia and Finland, Portugal and France saw notable declines. Over five years, modest growth was observed across most European regions, although declines in Denmark, Belgium, and Norway indicated market challenges.
Future trends to watch include sustainability initiatives shaping production and consumer preferences, and digital technologies enhancing supply chain efficiencies. The impact of economic fluctuations in the European Union could further alter market dynamics and shift competitive positioning, requiring agile strategies from industry players.
Top countries in Footwear Turnover by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 14,860 | 2023 | +6.55% | +0.79% | View data |
| 2 | 2 Spain | 3,320 | 2023 | +5.56% | +1.08% | View data |
| 3 | 3 Germany | 2,350 | 2023 | +1.68% | +0.34% | View data |
| 4 | 4 Portugal | 2,080 | 2023 | +0.61% | -3.01% | View data |
| 5 | 5 Romania | 1,070 | 2023 | +7.49% | +1.8% | View data |
| 6 | 6 Poland | 833.1 | 2023 | +7.97% | +1.02% | View data |
| 7 | 7 United Kingdom | 626.3 | 2023 | +1.16% | +2.03% | View data |
| 8 | 8 Slovakia | 571.6 | 2023 | +2.49% | +0.76% | View data |
| 9 | 9 Austria | 470.7 | 2023 | +2.89% | -0.2% | View data |
| 10 | 10 France | 396 | 2023 | -9.65% | -10.23% | View data |