The Lithuanian market for footwear with uppers of textile materials exhibited a consistent upward trend from 2013 to 2023, reaching 118.65 million US dollars in 2023. The year-on-year growth varied with notable peaks in 2014 and 2016, while the market stumbled slightly in 2020. Over the last five years, the compound annual growth rate (CAGR) was 4.71%, indicating moderate but stable growth.
Future trends to watch for include:
- Increasing consumer preference for sustainable and eco-friendly footwear options.
- Technological advancements in textile materials enhancing durability and design.
- Potential impact of global supply chain dynamics on local market pricing and availability.
| # | 28 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 14,592,000,000 | 2023 | +5.75% | +4.59% | View data |
| 2 | 2 Japan | 12,547,000,000 | 2023 | +2.2% | +1.82% | View data |
| 3 | 3 France | 12,147,000,000 | 2023 | +5.25% | +3.87% | View data |
| 4 | 4 United Kingdom | 10,019,000,000 | 2023 | +2.96% | +3.27% | View data |
| 5 | 5 Italy | 8,404,300,000 | 2023 | +4.26% | +1.2% | View data |
| 22 | 22 Uruguay | 202,360,000 | 2023 | +1.92% | -0.3% | View data |
| 23 | 23 Slovenia | 156,870,000 | 2023 | +3.09% | +4.61% | View data |
| 24 | 24 Lithuania | 118,650,000 | 2023 | +6.4% | +4.71% | |
| 25 | 25 El Salvador | 94,999,000 | 2023 | +2.33% | +0.71% | View data |
| 26 | 26 Tunisia | 38,652,000 | 2023 | +1.8% | +0.7% | View data |
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