The Italian market for footwear with outer soles and uppers of rubber or plastics was valued at approximately USD 3.10 billion in 2023. The data reflects a steady year-on-year growth with forecasted values reaching USD 3.35 billion by 2028. The average annual growth over these five years, or CAGR, is estimated to be around 1.31%.
Future trends to watch for include:
- Potential shifts in consumer preferences towards more sustainable and eco-friendly materials.
- Increasing influence of fashion trends and the role of athleisure in driving market growth.
- Impact of digitalization and e-commerce in altering traditional retail dynamics.