In 2023, Italy dominated Europe's women's town footwear production with leather uppers, holding a substantial 52.45% share. Portugal and Spain followed with shares exceeding 13%. Among the key trends, Italy, Slovakia, and Estonia saw positive year-on-year growth. Meanwhile, the United Kingdom and France experienced significant declines in their market shares. Over a five-year period, consistent performers like Romania and Lithuania displayed promising trajectories characterized by positive Compound Annual Growth Rates (CAGR).
Looking forward to 2024, several trends merit attention:
- Italy is expected to retain its leadership position, possibly expanding its market dominance.
- Countries like Romania and Estonia present notable growth potential due to their recent performances.
- Monitoring market changes in traditionally strong countries like France and the UK could provide insights into shifting manufacturing hubs or economic adjustments within the footwear sector.
- The impact of sustainability and technology integration in production processes may redefine competitive advantages across Europe.
Top countries in Sold Production of Women's Town Footwear with Leather Uppers Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 52.45 | 2023 | +7.7% | +2.75% | View data |
| 2 | 2 Portugal | 13.32 | 2023 | +3.37% | -0.95% | View data |
| 3 | 3 Spain | 13.2 | 2023 | +7.47% | -1.85% | View data |
| 4 | 4 Romania | 3.57 | 2023 | -1.38% | +1.31% | View data |
| 5 | 5 Slovakia | 3.11 | 2023 | +3.72% | +2.06% | View data |
| 6 | 6 Austria | 2.93 | 2023 | -0.025% | -1.78% | View data |
| 7 | 7 Germany | 2.37 | 2023 | +2.24% | -1.73% | View data |
| 8 | 8 Poland | 2.29 | 2023 | +0.47% | +0.063% | View data |
| 9 | 9 Hungary | 1.21 | 2023 | +0.6% | -0.74% | View data |
| 10 | 10 Serbia | 1.1 | 2023 | +5.42% | +2.15% | View data |
