The forecast for household expenditure on footwear in Germany from 2024 to 2028 shows a modest increase in spending, with values rising from 141 euros per capita to 143 euros per capita. The year-on-year growth is relatively stable, with minor increments mostly by 1 euro, indicating a steady but slow increase in spending. The Compound Annual Growth Rate (CAGR) over this forecasted period remains low, reflecting gradual changes.
Future trends to watch include:
- The impact of rising living costs on discretionary spending.
- Sustainability trends potentially driving demand for eco-friendly footwear options.
- Technological advancements in footwear, such as smart shoes, influencing consumer spending.
