The gross investment in the footwear sector in Spain has witnessed significant fluctuations from 2013 to 2023. The sector saw a period of robust growth from 2013 to 2015, followed by a notable decline from 2016 to 2020. Recovery was observed in 2021, leading to moderate growth by 2023, standing at 47.2 Million Euros. The average yearly variation over the past five years showed a positive trend with a CAGR of 2.22%.
Future trends indicate a relatively stable investment with minor year-on-year increases. The forecasted CAGR from 2024 to 2028 is 0.08%, highlighting a stagnation phase.
Key future trends to watch for:
- Technological advancements in footwear manufacturing
- Sustainable and eco-friendly production methods
- Shift towards e-commerce and digital marketing
- Impact of economic policies and global trade dynamics
