In 2023, household expenditure on footwear in France was approximately 9 billion euros. From 2024 to 2028, the expenditure is forecasted to grow modestly, averaging a Compound Annual Growth Rate (CAGR) of about 0.44%. Year-on-year, the increase is marginal, around 0.1% to 0.22% annually, indicating a fairly stable market without significant spikes or declines. This suggests that while the consumption remains consistent, there is limited acceleration in spending levels.
Future trends to watch include shifts in consumer preferences towards sustainable and eco-friendly footwear, the potential impact of economic fluctuations on discretionary spending, and the influence of fashion trends and technological advancements in footwear manufacturing and design.
