Year-on-year variations in the footwear sector's gross investment in the Netherlands show significant volatility from 2013 to 2023. The value of investments peaked at 9.8 million euros in 2018 and then dramatically dropped by 69.39% in 2019. Stability arrived in 2021 with a modest growth of 7.5% and continued to plateau through 2022 and 2023, remaining at 4.9 million euros. This indicates cautious but steady recovery post the fluctuations experienced in recent years.
Over a longer period, from 2013 to 2023, the compound annual growth rate (CAGR) has varied, with notable highs such as 22.87% in 2018 and lows like -12.94% in 2023. From 2024 onwards, the sector is expected to grow steadily, with a forecasted CAGR of 1.29% by 2028, bringing the gross investment to 5.34 million euros.
Future trends to watch for include an emphasis on sustainable and eco-friendly footwear, technological advancements in production, and shifts in consumer preferences. Investment in these areas could drive substantial growth and market differentiation in the coming years.
