Footwear production rebounds in 2024
Last year, global footwear production recovered, increasing by 6.9% and regaining the 1.5 billion pairs lost in 2023. This is one of the key conclusions of the data published in the World Footwear Yearbook 2025, just released by APICCAPS, the Portuguese Footwear Association
In 2024, global footwear production increased by 6.9% to 23.9 billion pairs, marking a recovery from the decline in the previous year, which was the lowest point in a decade, excluding the pandemic years of 2020 and 2021.
The footwear industry remains heavily concentrated in Asia, where nearly 9 out of every 10 pairs of shoes are manufactured, accounting for 88% of global production.
China remains the world’s largest footwear producer, manufacturing 13 billion pairs in 2024 and accounting for just over 54% of the global market share. India further increased its share, now accounting for 12.5% of global production. Vietnam ranks third, with a 6.5% share.
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