The footwear industry in Italy is set to experience a slight decline in the number of enterprises over the coming years. From 6.94 thousand enterprises in 2024, a gradual reduction is forecasted, reaching 6.38 thousand by 2028. This reflects an expected year-on-year decrease in enterprise numbers, averaging a CAGR of approximately -2.16% from 2024 to 2028. Comparatively, in 2023, the actual number stood slightly higher, marking a steady decline in the sector.

Future trends to watch for in the Italian footwear industry include:

Potential consolidation among smaller enterprises to withstand market pressures.
Further digitization and adoption of sustainable practices to cater to evolving consumer preferences.
Exploration of emerging markets and diversification of product lines.