The Italian footwear sector has experienced varied turnover trends over the past decade. Initially, turnover fluctuated slightly over 2013–2019, stabilizing around 14 billion Euros. In 2020, the sector faced a significant downturn due to the global pandemic, leading to a sharp 26.35% decline. However, recovery followed with substantial growth in 2021 and 2022 marked by 19.82% and 10.14% increases, respectively. As of 2023, the sector stood at 14.86 billion Euros, a 6.55% rise from the previous year. Looking forward, the sector is expected to grow steadily, with a forecasted CAGR of 0.7% through 2028, projecting turnover to reach approximately 15.53 billion Euros.
Future trends to watch for:
• Technological advancements enhancing e-commerce platforms.
• Growing demand for sustainable and eco-friendly materials.
• Increased focus on premium and luxury segments.
• Expansion in global markets, especially in emerging economies.
• Innovations in personalized footwear and customization.
