The sold production of footwear with outer soles and uppers of rubber or plastics in Italy is forecasted to experience consistent growth from 2024 to 2028. The production value is expected to rise from 586.49 million euros in 2024 to 759.06 million euros in 2028. This indicates a strong upward trend, with year-on-year increases demonstrating robust market demand.
Year-on-Year Variation (percent):
- 2024 to 2025: 7.46%
- 2025 to 2026: 6.88%
- 2026 to 2027: 6.37%
- 2027 to 2028: 5.93%
Compound Annual Growth Rate (CAGR):
- 2024 to 2028: 6.65%
In 2024, the industry showed continued recovery and expansion potential post-2023 levels, which were not specified in this dataset.
Future trends to watch for include the impact of sustainability initiatives, changes in consumer preferences towards eco-friendly products, and technological advancements in production processes. Additionally, market dynamics could be influenced by global trade policies and shifts in economic conditions.
