The European sold production of footwear with outer soles and uppers of rubber or plastics shows Italy as a leader with 542.25 million euros, while Poland ranks second with 99.093 million euros. In 2023, Italy and Poland experienced modest growths of 2.65% and 3.06%, respectively, whereas Spain saw a decline of 1.16%. France noted a significant increase of 28.95%, indicating a substantial improvement in its market position. On the other hand, Romania and Croatia experienced declines. For long-term trends, Portugal achieved a notable compound annual growth rate (CAGR) through consistent performance in recent years.
Future trends to watch in the European footwear market include technological advancements in production, a focus on sustainable materials, and increasing cross-border e-commerce driving demand. Italy's dominance is expected to continue, while emerging markets like Poland show potential for growth. Monitoring shifts in consumer preferences and leveraging digital sales channels will be crucial for capitalizing on market opportunities.
Top countries in Sold Production of Footwear with Outer Soles and Uppers of Rubber or Plastics by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 542,250,000 | 2023 | +23.49% | +2.65% | View data |
| 2 | 2 Poland | 99,093,000 | 2023 | +4.73% | +3.06% | View data |
| 3 | 3 Spain | 45,063,000 | 2023 | +6.56% | -1.16% | View data |
| 4 | 4 Portugal | 13,116,000 | 2023 | +1.73% | +7.05% | View data |
| 5 | 5 Romania | 8,370,000 | 2023 | +2.85% | -6.2% | View data |
| 6 | 6 Greece | 8,071,700 | 2023 | +1.27% | -1.53% | View data |
| 7 | 7 France | 5,340,100 | 2023 | +28.59% | +28.95% | View data |
| 8 | 8 Estonia | 3,932,400 | 2023 | -1.06% | View data | |
| 9 | 9 Czechia | 1,590,700 | 2023 | |||
| 10 | 10 Bulgaria | 383,510 | 2023 | +0.59% | +21.61% | View data |
