In 2023, household expenditure on footwear in Italy stood at approximately 10.20 billion euros. Over the forecast period from 2024 to 2028, expenditure is expected to show a modest year-on-year growth, with the value rising from 10.24 billion euros in 2024 to 10.34 billion euros in 2028. This reflects a compound annual growth rate (CAGR) of roughly 0.3% during this period.
Future trends to watch for include:
- Impact of sustainability trends on consumer purchasing behavior and footwear preferences.
- Potential economic fluctuations in the European market affecting consumer spending capacity.
- The growing influence of e-commerce and digital sales channels on footwear sales distribution.