The data from 2023 highlights Italy as the dominant player in European sold production of footwear with textile uppers, commanding 62.76% of the market in euros. Spain follows with 20.63%, while Germany exhibits significant growth at 57.04% year-on-year, securing a value of 4.71%. Other notable contributors include Finland and Portugal with small yet positive variations. Conversely, France, Poland, the United Kingdom, and Bulgaria experienced declines in their market shares. Emerging markets like Serbia show promising growth, whereas Hungary saw a substantial reduction of 30.26%.
Future trends to watch in the sector include the potential for Germany to continue its strong upward trajectory, which may impact the market dynamics. Additionally, the growth in smaller markets like Denmark and Serbia may diversify the competitive landscape. Monitoring fluctuations in established markets such as Italy and Spain will also be crucial to understanding shifts in consumer preferences and industry technologies.
Top countries in Sold Production of Footwear with Textile Uppers Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 62.76 | 2023 | +1.62% | +0.055% | View data |
| 2 | 2 Spain | 20.63 | 2023 | +4.03% | -0.78% | View data |
| 3 | 3 Germany | 4.71 | 2023 | +13.9% | +57.04% | View data |
| 4 | 4 Finland | 2.68 | 2023 | +4.16% | +4.82% | View data |
| 5 | 5 Portugal | 2.28 | 2023 | +6.6% | +0.71% | View data |
| 6 | 6 France | 1.67 | 2023 | -13.99% | -9.48% | View data |
| 7 | 7 Poland | 1.58 | 2023 | -0.71% | -1.81% | View data |
| 8 | 8 Denmark | 0.94 | 2023 | +0.094% | +8.18% | View data |
| 9 | 9 United Kingdom | 0.87 | 2023 | -9.86% | -8.01% | View data |
| 10 | 10 Serbia | 0.44 | 2023 | +6.24% | +12% | View data |
