The Italian market for footwear with outer soles and uppers of rubber or plastics has experienced notable growth from 2013 to 2023, reaching a market size value of 3.0944 billion USD in 2023. The last decade featured both positive and negative year-on-year variations, with a substantial increase up to 2019 followed by a dip during 2020. However, it showed resilience with a gradual recovery post-2020, and a compound annual growth rate (CAGR) of 1.71% from 2018 to 2023.
Future trends to watch for:
- Sustainability initiatives and eco-friendly materials gaining traction.
- Rising consumer interest in versatile, lifestyle footwear beyond traditional markets.
- Increased e-commerce penetration and digital shopping experiences influencing buying trends.
| # | 39 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 5,181,600,000 | 2023 | -3.68% | -2.85% | View data |
| 2 | 2 Germany | 4,872,500,000 | 2023 | +2.21% | +1.5% | View data |
| 3 | 3 France | 4,282,900,000 | 2023 | +1.36% | +1.03% | View data |
| 4 | 4 United Kingdom | 3,283,400,000 | 2023 | -0.29% | +0.39% | View data |
| 5 | 5 Italy | 3,094,400,000 | 2023 | +1.71% | +1.71% | |
| 6 | 6 Spain | 2,707,300,000 | 2023 | +1.13% | +2% | View data |
| 7 | 7 South Korea | 2,380,300,000 | 2023 | +3.71% | +4.02% | View data |