Footwear consumption forecasts for 2024
According to the Business Conditions Survey conducted by World Footwear, footwear consumption is projected to increase in 2024. Under the quantity variable, the average increase would be 9.5% for this year compared to the figures recorded in 2023.
When broken down, Europe would be the market with the lowest development expectations, with an increase of 1.4%. In contrast, the highest consumption would occur in Africa, with forecasts of +13.4%; while Asia (+10.8%), South America (+6.3%), and North America (+5.4%) would fall in between.