In 2023, Italy led the European market for sold production of outer soles and heels of rubber, capturing 61.79% of the share, indicating its dominant position. Spain followed with a 21.42% share, while Portugal maintained a modest share of 5.54%. Czechia, Romania, Bulgaria, Poland, and the United Kingdom accounted for smaller portions, at 2.9%, 1.6%, 1.31%, 1.11%, and 0.65% respectively. Notably, Italy experienced an 11.96% increase, highlighting strong growth, while Spain and the UK saw declines of 2.63% and 10.68% respectively. Conversely, Poland showed a small growth of 2.56%, and Bulgaria marginally increased by 1.03%.
Future trends to watch include:
- Italy’s expected continued expansion, driven by innovation and quality improvements.
- Spain’s potential recovery if market strategies adapt to changing demands.
- Emerging opportunities for growth in Eastern European nations as they invest in production capacity and technology.
- Potential volatility in the UK, subject to economic shifts post-Brexit.
Top countries in Sold Production of Outer Soles and Heels of Rubber Share by Country (Units (Items))
| # | 8 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 61.79 | 2023 | +23.19% | +11.96% | View data |
| 2 | 2 Spain | 21.42 | 2023 | +2.63% | -2.63% | View data |
| 3 | 3 Portugal | 5.54 | 2023 | -37.09% | -22.93% | View data |
| 4 | 4 Czechia | 2.9 | 2023 | |||
| 5 | 5 Romania | 1.6 | 2023 | -4.29% | -6.2% | View data |
| 6 | 6 Bulgaria | 1.31 | 2023 | +4.3% | +1.03% | View data |
| 7 | 7 Poland | 1.11 | 2023 | +2.74% | +2.56% | View data |
| 8 | 8 United Kingdom | 0.65 | 2023 | -13.57% | -10.68% | View data |
