The global export market for machinery for making or repairing footwear is dominated by China, Italy, and South Korea, which collectively hold significant market shares. Notably, China saw a moderate increase in its market share, while Italy experienced a marginal rise and South Korea observed a substantial increase. Conversely, countries like Germany and Spain displayed declines in their shares. Greece, Canada, and Lithuania reported significant year-on-year growth in their export values, indicating potential emerging strengths in these markets. Meanwhile, the USA and France saw notable declines. Over the last five years, growth has fluctuated, marking diverse performance across countries.
Future trends may include:
- Continued dominance by China with potential expansion into new markets.
- Technological advancements likely driving growth in smaller emerging markets.
- Increased focus on sustainable and automated machinery could shift market dynamics.
- Economic and political changes influencing market shares, particularly in European countries.
Top countries in Export of Machinery for Making or Repairing Footwear Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 46.13 | 2023 | +3.52% | +2.76% | View data |
| 2 | 2 Italy | 24.34 | 2023 | +0.11% | +0.55% | View data |
| 3 | 3 South Korea | 11.63 | 2023 | +3.64% | +2.99% | View data |
| 4 | 4 Germany | 3.71 | 2023 | -1.03% | -2.37% | View data |
| 5 | 5 Spain | 0.82 | 2023 | -0.63% | -0.86% | View data |
| 6 | 6 Romania | 0.67 | 2023 | +1.56% | +0.75% | View data |
| 7 | 7 Brazil | 0.48 | 2023 | -3.87% | -2.04% | View data |
| 8 | 8 Greece | 0.46 | 2023 | +2.74% | +11.45% | View data |
| 9 | 9 Denmark | 0.42 | 2023 | +4.44% | +9.32% | View data |
| 10 | 10 Netherlands | 0.35 | 2023 | +2.44% | +0.42% | View data |
