Insights

Footwear

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The Footwear Market: forecast and ranking

Footwear Market

  • Globally, the footwear market is worth € 362,8b in 2023 with an expected growth in sales and estimated turnover of € 434,8b in 2028 (CAGR 2022-2028: 3,1%)
  • The industry has returned to pre-pandemic levels with a “V-shaped” turnover trend
  • Italy is a world leader in the export of leather footwear goods with € 8,0b value exported in 2022

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