Sports Footwear with Uppers of Leather Market Size Value in Portugal

The sports footwear with uppers of leather market in Portugal exhibited a fluctuating yet generally upward trend from 2013 to 2023, beginning with a market size of $63.505 million in 2013 and culminating at $88.376 million in 2023. This data represents current values in 2023. The market experienced significant growth spurts in 2017 and 2021, with a marked decline in 2020 attributed to external shocks, likely due to the pandemic's impact. Over the last two years, the market witnessed modest growth rates of 1.54% in 2022 and 1.49% in 2023. The compound annual growth rate (CAGR) over the last five years averaged 1.15%.

Future trends to watch for include the potential impacts of increased consumer demand for sustainable and eco-friendly materials, technological advancements in athletic footwear, and changing consumer lifestyle preferences towards more casual and athleisure wear. Additionally, the market may face pressures from global economic conditions and shifts in trade policies.

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