In 2023, Italy led European sold production of sports footwear with rubber or plastic outer soles and textile uppers, valued at 39.064 million Euros. This marked a modest 0.88% year-on-year growth. Spain showed significant growth with a value of 8.706 million Euros and a 19.29% increase. Croatia, with a 1.2285 million Euros value, grew by 4.23%. The United Kingdom and Estonia experienced declines, with growth rates of -6.64% and -1.28%, respectively. Over the last five years, trends suggest an increasing CAGR for Spain and stabilization or decline for the UK and Estonia.
Looking ahead, anticipate continued robust growth in Spain driven by innovations and increased market demand, while mature markets like Italy may focus on premium segments to maintain growth. Monitoring shifts in consumer preferences towards sustainable products and advancements in production technology will be crucial for this sector.
Top countries in Sold Production of Sports Footwear with Rubber or Plastic Outer Soles and Textile Uppers by Country
| # | 7 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 39,064,000 | 2023 | +7.22% | +0.88% | View data |
| 2 | 2 Spain | 8,706,000 | 2023 | -3.91% | +19.29% | View data |
| 3 | 3 Austria | 3,710,000 | 2021 | -30.68% | View data | |
| 4 | 4 Portugal | 1,590,000 | 2021 | -20.73% | View data | |
| 5 | 5 Croatia | 1,228,500 | 2023 | +3.99% | +4.23% | View data |
| 6 | 6 United Kingdom | 16,830 | 2023 | -9.34% | -6.64% | View data |
| 7 | 7 Estonia | 5,790 | 2023 | +17.69% | -1.28% | View data |
