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Portugal 🇵🇹: the footwear sector will invest 600 million euros. Today, the Portuguese #footwear industry is in full growth, especially in the #sneakers category, with exports to more than 16 countries. 👉 To consolidate its international position, the Portuguese footwear industry will invest 600 million euros over the next 8 years. The new strategic plan for 2030 of the Footwear Cluster, presented by APICCAPS Associação Portuguesa de Calçado, focuses on the qualification of individuals and companies, the #sustainability of products and processes, flexibility and rapid response, as well as a strong presence in the markets. #Portugal #sustainablefashion #pearlsmagazine https://lnkd.in/e2cJA7UX

Today we bring you a conversation with Eddy Widjanarko from APRISINDO, the Indonesian Footwear Association. Watch the new episode of the World Footwear Voices and learn more about one of the main footwear producers in the world #worldfootweartrends #footwearindustry #worldfootwearvoices #worldfootwearinterviews

The global High Heels Footwear market was valued at US$ 40090 million in 2023 and is anticipated to reach US$ 49600 million by 2030 witnessing a CAGR of 3.0% during the forecast period 20242030. #GlobalHighHeelsMarket #FootwearTrends #FashionIndustry #OnlineShopping #OfflineRetail #HeelHeight #ConsumerPreferences #MarketGrowth #FootwearMarket #HighHeels

According to the World Footwear Yearbook, in 2023, global footwear production decreased by 6% to 22.4 billion pairs, the lowest level in a decade if the pandemic years of 2020 and 2021 are excluded. The footwear industry remains highly concentrated in Asia, where almost 9 out of every 10 pairs of shoes are manufactured, accounting for 87.1% of the world’s total (compared with 87.4% in the previous year). Nevertheless, Europe’s share fell by only 5% in 2023, compared to a 7% loss for the Asian continent.

🌍 𝐀𝐥𝐥 𝐘𝐨𝐮 𝐍𝐞𝐞𝐝 𝐭𝐨 𝐊𝐧𝐨𝐰 𝐀𝐛𝐨𝐮𝐭 𝐭𝐡𝐞 𝐏𝐨𝐫𝐭𝐮𝐠𝐮𝐞𝐬𝐞 𝐅𝐨𝐨𝐭𝐰𝐞𝐚𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 🌍 1️⃣ 𝟖𝟏 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐩𝐚𝐢𝐫𝐬 of shoes produced in 2023! Portugal’s footwear industry is known for its 𝐞𝐱𝐜𝐞𝐥𝐥𝐞𝐧𝐭 𝐬𝐞𝐫𝐯𝐢𝐜𝐞, 𝐪𝐮𝐚𝐥𝐢𝐭𝐲, 𝐚𝐧𝐝 𝐫𝐞𝐬𝐩𝐨𝐧𝐬𝐢𝐯𝐞𝐧𝐞𝐬𝐬, growing 𝟖% 𝐢𝐧 𝐭𝐡𝐞 𝐥𝐚𝐬𝐭 𝐝𝐞𝐜𝐚𝐝𝐞. Despite Italy’s 26.7% decline, Portugal continues to thrive. 2️⃣ €𝟐.𝟐𝟐 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 in exports in 2023, marking a 𝟏𝟕.𝟒% 𝐠𝐫𝐨𝐰𝐭𝐡 𝐨𝐯𝐞𝐫 𝟏𝟎 𝐲𝐞𝐚𝐫𝐬. 3️⃣ The industry exported 𝟔𝟔 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐩𝐚𝐢𝐫𝐬 𝐨𝐟 𝐬𝐡𝐨𝐞𝐬, valued at €𝟏.𝟖𝟒 𝐛𝐢𝐥𝐥𝐢𝐨𝐧.. 4️⃣ Portuguese footwear reached 𝟏𝟕𝟒 𝐜𝐨𝐮𝐧𝐭𝐫𝐢𝐞𝐬, with exports making up 𝟗𝟎% 𝐨𝐟 𝐩𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧. Belize is the newest destination. 5️⃣ 𝐆𝐞𝐫𝐦𝐚𝐧𝐲, 𝐅𝐫𝐚𝐧𝐜𝐞, 𝐚𝐧𝐝 𝐭𝐡𝐞 𝐍𝐞𝐭𝐡𝐞𝐫𝐥𝐚𝐧𝐝𝐬 lead as key markets, with 𝟖𝟎% of foreign trade concentrated in Europe. 6️⃣ 𝐔𝐒 𝐦𝐚𝐫𝐤𝐞𝐭 is booming with a 𝟐𝟕𝟒% 𝐠𝐫𝐨𝐰𝐭𝐡 over the past decade, totalling €𝟏𝟎𝟏 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 in exports in 2023. 7️⃣ The average price of Portuguese footwear stood at €𝟐𝟕.𝟕𝟎 in 2023. 8️⃣ 𝐋𝐞𝐚𝐭𝐡𝐞𝐫 𝐟𝐨𝐨𝐭𝐰𝐞𝐚𝐫 dominates exports, accounting for 𝟖𝟕% of trade. Portugal is ranked 𝟏𝟎𝐭𝐡 globally in footwear exports. 9️⃣ The sector contributes €𝟏.𝟏 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 to Portugal’s trade balance annually. 🔟 A €𝟔𝟎𝟎 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 is planned by 2030 to make the industry an international leader in 𝐬𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐥𝐞 𝐬𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬, with𝐁𝐢𝐨𝐬𝐡𝐨𝐞𝐬𝟒𝐀𝐥𝐥 and 𝐅𝐀𝐈𝐒𝐓 projects already in motion. The future of Portuguese footwear is one of 𝐢𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧, 𝐬𝐮𝐬𝐭𝐚𝐢𝐧𝐚𝐛𝐢𝐥𝐢𝐭𝐲, 𝐚𝐧𝐝 𝐠𝐫𝐨𝐰𝐭𝐡! Warm regards, 𝐓𝐡𝐞 𝐀𝐫𝐨𝐮𝐧𝐝 𝐅𝐨𝐨𝐭𝐰𝐞𝐚𝐫 𝐓𝐞𝐚𝐦 #AroundFootwear #ElevateStrideTogether #InnovationInEveryStride #FootwearJourney

Gains in retail footwear price increases decelerated for the second straight month in May, but still rose 1.1 percent from a year earlier, the Footwear Distributors and Retailers of America (FDRA) reported on Wednesday. Men’s footwear led the gains last month, with prices up 2.1 percent, followed by women’s shoes, which rose 1.4 percent. Boys’ and girls’ footwear declined, however, with prices down 1.1 percent. Gary Raines, chief economist at FDRA, told FN that footwear prices have risen year-over-year for the ninth straight month and 35 of the last 38 months. Even so, prices so far this year are up just 1.0 percent from the same first five months of last year, continuing to support FDRA’s earlier outlook that full-year footwear prices also may see a relatively modest increase. 

The Italian footwear industry saw a sharp slowdown in Q1 2024, with exports dropping 9.7 per cent in value and 10.3 per cent in volume, and turnover falling 10.1 per cent, according to a report. Domestic purchases also decreased. EU markets performed better than non-EU markets. Active footwear companies in Italy fell to 3,490 by March 2024. #Fibre2Fashion #f2f #apparel #textile #fashion #textileindustry #f2fnews Read more here: https://lnkd.in/dUyqhFix

𝐏𝐨𝐫𝐭𝐮𝐠𝐚𝐥 𝐬𝐮𝐫𝐩𝐚𝐬𝐬𝐞𝐬 𝐒𝐩𝐚𝐢𝐧 𝐢𝐧 𝐟𝐨𝐨𝐭𝐰𝐞𝐚𝐫 𝐩𝐫𝐨𝐝𝐮𝐜𝐭𝐢𝐨𝐧! Portugal has become Europe’s second-largest footwear producer, overtaking Spain. According to Eurostat, Portugal produced 85 million pairs of shoes in 2022, two million more than its Spanish rival. Over the last decade, footwear production in Portugal has increased by 14.4% (from 74 to 81 million pairs), as compared with a decline of 14% (from 97 to 83 million pairs) for the Spanish industry. Only Italy fared better, although it is losing ground to Portugal every year. In fact, the Italian footwear industry has taken a step backwards, as its production has fallen by 18.6% since 2012 to 162 million pairs of shoes in 2022 (a far cry from the 199 million shoes produced a decade earlier). Only Portugal managed to increase its footwear produced in Europe: the Portuguese share of European production increased by 34.3% and now accounts for 17.1% of the total. Over the last ten years, footwear production in Europe has dropped by 19.6% to 496 million pairs (617 million in 2012). "This is the result of the continuous investment of the footwear sector in Portugal in the definition of an ambitious vision and adapted public policies, which have allowed the sector to reposition itself on the international competitive scene”, says Luís Onofre. For the President of APICCAPS, "regardless of the complex economic cycles, we continue to believe in the future of our industry”. "It is important to stress that we have two major projects underway, within the PRR, with an investment of 140 million euros by the end of next year; and even by the end of the decade, within the new strategic plan, we plan to invest 600 million euros”. "This is our greatest proof of confidence in the future of this sector”, he concluded. There are currently 6,381 footwear companies registered in Italy (down by 25.8% in a decade), 2,808 in Spain (down by 16.1% since 2012) and 2,428 in Portugal (down by 5%). Together, the three countries account for almost 70% of European footwear production. Source: Portuguese Shoes #AroundFootwear #ElevateStrideTogether #InnovationInEveryStride #FootwearJourney

According to BlueWeave Consulting, the Indian footwear market is expected to reach a value of $ 25.5 billion by 2028, growing at a CAGR of 11.7% from now to 2028. D2C brands are estimated to be growing at a compound annual growth rate (CAGR) of 40% in India. Dominor portfolio company- Neeman's is a D2C footwear brand and is renowned for its eco-friendly footwear made from pure Merino wool.  Neeman's has redefined the shoe industry using natural, superior-quality, and environment-friendly input raw material that enables the brand to claim that its footwear is odour-resistant, cool in summer and warm in winter, as well as machine-washable. Co-founders Taran Chhabra and Amar Preet Singh have built unique in-house capabilities for sourcing the best wool fabrics which are then put through a proprietary manufacturing process. These unique capabilities have enabled the brand to claim that the resultant footwear fabric gives one a next-to-skin comfort, besides being extremely durable. Check out elegant and comfortable footwear by Neeman’s here: https://lnkd.in/gNbfDW5C #DominorInvestments #Neemans #D2CFootwear #FashionFootwear #MerinoWool #NextToSkinComfort #BuildingCapabilities #D2C #BlueWeaveConsulting #ProprietaryManufacturingProcess

👟 Step into the Future with the Latest Insights on the Footwear Adhesives Market! 👟 🌍 Global Footwear Adhesives Market Forecast 2022-2029 🌍 The footwear industry is evolving at an unprecedented pace, and the adhesives that hold it all together are just as crucial. Maximize Market Research Pvt. Ltd. has unveiled an in-depth report on the Global Footwear Adhesives Market, providing invaluable insights for industry professionals. 📈 Highlights from the Report: Market Size & Growth: Detailed projections of market growth from 2022 to 2029. Innovative Trends: Discover the cutting-edge trends in adhesive technology that are revolutionizing footwear manufacturing. Regional Insights: Understand the regional market dynamics and which areas are leading the way in innovation and production. Competitive Landscape: Get to know the key players shaping the market and their strategies. 🔍 Why This Report is a Must-Read: In a competitive and fast-paced industry like footwear, staying ahead of the curve is essential. This comprehensive report from Maximize Market Research Pvt. Ltd. offers the data and insights needed to make strategic decisions and capitalize on emerging opportunities. 📥 Access the Full Report Here: https://lnkd.in/dAYtKp4w Global Footwear Adhesives Market Report 2022-2029 💬 Engage with Us: What innovations do you see shaping the future of the footwear adhesives market? Share your thoughts and join the discussion in the comments! #MarketResearch #FootwearAdhesives #IndustryTrends #Innovation #MaximizeMarketResearch #MarketForecast #BusinessInsights #FootwearIndustry