Footwear: in a context of weak global sales, the presence of markets undergoing structural growth
The data for the first half of 2025 document a weak trend in global sales in the industry; however, there are driving segments and markets to monitor
Published by Marcello Antonioni. .
Development stage of Imports Fashion International marketing Uncertainty Marketselection Export markets Foreign market analysisWorld trade data, recently updated to the second quarter of 2025 and available in the Quarterly World Trade Datamart, confirm the difficulties facing international footwear sales1: the first half of the year showed a new - albeit moderate - Year-over-Year decline in global footwear exports (-1.6% in euro terms), following the -1.3% average for 2024.
Compared to the peak at the end of 2022, the reduction in global footwear exports is around 10.6 percentage points when measured in euros (and -12.3% when measured at constant prices).
Footwear:
which segments and markets can sustain growth?
The economic picture for international footwear sales therefore appears to be in a phase of prolonged weakness. For exporting companies in this industry, it appears to be extremely strategic to identify the segments and markets that can support revenue growth.
With the recent update of the Market Selection-ExportPlanning tool, a new sector indicator called "Import Development Stage" has been introduced. This indicator can classify each country into one of the three phases of the import life cycle for a specific product: Latency, Growth, and Saturation2.
This indicator is particularly useful for companies interested in expanding, diversifying, and optimizing their export destinations, as it allows them to identify those markets where imports of a given product are in a phase of structural growth.
The table below highlights the Footwear industry' segments with the largest number of markets experiencing import growth.
Footwear:
Number of Growing Markets and their Value of Imports
Number of markets |
Imports 2024 (millions €) |
|
Casual shoes with rubber | 43 | 4 470 |
---|---|---|
Tennis shoes | 41 | 1 427 |
Slippers | 35 | 2 242 |
Sports shoes | 35 | 343 |
Uppers and their parts | 32 | 451 |
Casual shoes with uppers of leather | 24 | 769 |
Source: StudiaBo processing on ExportPlanning database
Note: The table does not include all segments of the Footwear industry, but only those with the highest number of products with growing imports.
Above all, the case of casual shoes with rubber3 stands out, with 43 international markets in the Growth phase4, for a total associated value of almost 4.5 billion euros in imports.
In particular, the role of the Chinese market should be highlighted, with imports in this segment reaching a new all-time high in the most recent quarter, at levels almost double those of just two years earlier.
Other segments of the Footwear industry with a high number of international growth markets and a significant total associated import value are:
- tennis shoes: 41 growth markets5, for an associated value of over 1.4 billion euros;
- slippers: 35 growth markets6, for an associated value of over 2.2 billion euros;
- sports shoes: 35 growth markets7, for an associated value of 343 million euros;
- casual shoes with uppers of leather: 24 growth markets8, for a associated value of 769 million euros.
Last but not least, it is worth highlighting the uppers and their parts9 segment, which - despite being a niche in the Footwear industry - features 32 markets in the growth phase10, for an associated value of 451 million euros.
Conclusions
The high uncertainty of the international economic scenario is particularly evident in the footwear industry, whose global sales (measured by exports from a sample of over 70 declaring countries10) have shown slightly negative trends for approximately two years.
As this article documents, the use of the Import Development Stage indicator can, however, highlight the greatest growth opportunities even in industries — such as Footwear — characterized by a highly selective economic climate.
In particular, the usefulness of this indicator is evident in identifying the most dynamic components in terms of product segments, i.e., those characterized by a significant number of growth markets, and the related most significant growth markets in terms of import value.
1) See here the related description table.
2) There is also another category, called “Unclassified”, which includes countries that, for a given product, do not have sufficient data available on imports or GDP. For further information on the methodology used to build the indicator, you can refer to the article: Market selection: the new "Import Development Stage" indicator to discover the most promising export markets.
3) See here the related description table.
4) In particular, in addition to the case of the Chinese market (discussed separately in the article), for the casual shoes with rubber segment, the following growing markets are noteworthy - with 2024 import values exceeding €150 million: Russia (€1,101 million), Iraq (€314 million), Kazakhstan (€307 million), Peru (€238 million), Saudi Arabia (€213 million), Malaysia (€168 million), Greece (€165 million) and Algeria (€154 million).
5) In particular, for the tennis shoes segment, the following growing markets are noted - with 2024 import values exceeding €100 million: Saudi Arabia (€249 million), Ireland (€177 million), Argentina (€160 million), Turkey (€130 million), Greece (€118 million), Russia (€114 million), and Kuwait (€110 million).
6) In particular, for the slippers segment, the following growing markets are noted - with 2024 import values exceeding €100 million: Russia (€871 million), United Arab Emirates (€579 million), Greece (€157 million), Saudi Arabia (€132 million), Peru (€127 million), and Kazakhstan (€106 million).
7) It should also be emphasized that, for the sports shoes segment, the numerous growing markets still express relatively low values.
8) It should also be noted that, for the casual shoes with uppers of leather segment, growth dynamics are relatively limited: consider, for example, the case of the Greek market (€305 million in 2024), which has recorded an average annual growth rate (CAGR: Compound Annual Growth Rate) of +6.6 percent over the last decade.
9) In particular, for the uppers and their parts segment, the following growing markets are noted - with a value of 2024 imports of the segment close to or above 50 million euros: Russia (€144 million, with an average annual growth rate [CAGR] over the last decade of more than 11 percentage points), Cambodia (€76 million, with a CAGR over the last decade of almost 18 percentage points), Morocco (€68 million, with a CAGR over the last decade of over 11 percentage points), Algeria (€48 million, with a CAGR over the last decade particularly accelerated, equal to over 44 percentage points).
10) The ExportPlanning Information System's Quarterly World Trade datamart is based on a sample of over 70 reporting countries, representing over 90% of world trade. For a description, see Methodological Note on the Quarterly World Trade Datamart.