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Asia-Pacific to witness slowest growth in leather footwear production

05 Dec '23
2 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • Asia-Pacific, the top leather footwear producing region, is expected to see modest growth, with production rising to **** million pairs by 2028, a ***** per cent increase from 2020.
  • Non-traditional countries (in terms of leather footwear), despite a small global share, are set to grow the fastest at ***** per cent, reaching ****.** million pairs by 2028.

According to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion’s market insight tool TexPro, leather footwear production was estimated at *,***.** million pairs in the Asia-Pacific region during ****. It increased to *,***.** million pairs in ****, *,***.** million pairs in **** and *,***.** million pairs in ****. It may reach *,***.** million pairs in ****. The annual growth in production is estimated at *.** per cent between **** and ****.

In Europe, the production of leather footwear may increase to ***.** million pairs in **** from ***.** million pairs in ****. Its growth rate will be *.** per cent between ****-****. Its production was estimated at ***.** million pairs in ****, ***.** million pairs in **** and ***.** million pairs in ****.

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