The European household expenditure on footwear by country in 2024 reflects significant variances between nations. Germany leads with an expenditure of 12.34 billion Euros, followed by France at 8.98 billion Euros and Spain at 6.89 billion Euros. At the lower end, Luxembourg, Estonia, and Latvia have expenditures of 0.18816 billion, 0.21402 billion, and 0.29655 billion Euros, respectively. Year-on-year variations show that in 2023, Ireland saw the highest increase at 12.72%, while Belgium experienced the largest decline at -2.07%. Noteworthy growth was also observed in Latvia and Estonia with increases of 5.62% and 5.6% respectively.
Future trends to watch for include potential steady growth in emerging markets like Ireland and the Baltic countries. Continuous declines, however, could persist in traditionally stronger markets such as Spain and Portugal. Monitoring consumer behavior shifts and economic factors will be essential to anticipate changes in expenditure patterns across Europe.
Top countries in Household Expenditure on Footwear by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 12,340 | 2023 | -2.2% | +0.54% | View data |
| 2 | 2 France | 8,980 | 2023 | -6.83% | -0.47% | View data |
| 3 | 3 Spain | 6,890 | 2023 | +0.33% | -1.95% | View data |
| 4 | 4 Austria | 2,180 | 2023 | -0.31% | +0.016% | View data |
| 5 | 5 Portugal | 1,830 | 2023 | +2.49% | -1.39% | View data |
| 6 | 6 Belgium | 1,720 | 2023 | +0.95% | -2.07% | View data |
| 7 | 7 Ireland | 1,240 | 2023 | +11.05% | +12.72% | View data |
| 8 | 8 Finland | 721 | 2023 | +0.84% | +0.25% | View data |
| 9 | 9 Lithuania | 450.92 | 2023 | +0.93% | +2.14% | View data |
| 10 | 10 Latvia | 296.55 | 2023 | +3.18% | +5.62% | View data |
