Between 2013 and 2023, the market for footwear with outer soles of rubber or plastics and uppers of leather in Italy exhibited varied performance. By 2023, the market value reached 7.793 billion USD. Despite an initial increase, a noteworthy decline occurred in 2015 and again in 2020, influenced by external economic factors and possibly the pandemic. In recent years (2021-2023), the market struggled slightly, showing minor consecutive reductions in its value, resulting in an average annual decline (CAGR) of 1.25% over the past five years.
Future trends to watch include shifts in consumer preferences towards sustainability, which could drive demand for eco-friendly materials. Additionally, innovations in manufacturing technologies and distribution channels, including online retail platforms, may influence market recovery and growth. Tracking the global economic impacts and Italian consumer confidence will also be key factors affecting this sector's long-term performance.
| # | 36 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 21,467,000,000 | 2023 | +3.71% | +2.39% | View data |
| 2 | 2 Germany | 9,742,700,000 | 2023 | +0.57% | +0.33% | View data |
| 3 | 3 France | 8,048,300,000 | 2023 | +0.61% | +1.05% | View data |
| 4 | 4 Italy | 7,793,000,000 | 2023 | -1.26% | -1.25% | |
| 5 | 5 United Kingdom | 5,601,600,000 | 2023 | -1.85% | -1.11% | View data |
| 6 | 6 Japan | 4,633,800,000 | 2023 | +0.3% | +0.51% | View data |
