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Vietnam almost doubled its market share over the last decade
While China's market share has been steadily declining over the last decade, Vietnam, the second largest exporter, is moving in the opposite direction. Read these and many other relevant facts on the World Footwear 2020 Yearbook
It is the tenth edition of a report that analyses the most important trends within the worldwide footwear industry. Data for 2019, both in quantity and value, is available, making it possible to position the main players with regards to production, consumption, exports and imports. The publication is divided in two parts. A first chapter with a deep analysis of the World Footwear industry in 2019, with special focus on the sector's leading global players, and a second part with a detailed analysis of 84 different markets.
What is happening within the footwear industry?
In 2019 China was the source for almost two out of every three pairs of shoes exported in 2019. However, its market share has been steadily declining over the last decade: since 2010 China has now lost 7 percentage points (p.p.) whereas Hong Kong has lost a further 2.4 p.p., falling from 3rd to 15th position among footwear exporters.
Moving in the opposite direction, Vietnam has almost doubled its market share over the same period and is now the 2nd largest footwear exporter, with a share of 9.5% corresponding to 1 419 million pairs exported. This Asian country is also on the top of the main producers worldwide, taking the third position, with a share of 5.8%, just behind India (10.7%) and China (55.5%).
India and Turkey have also shown remarkable exporting performances throughout the decade, climbing respectively from 22nd and 16th to 5th and 6th positions. Above them, Germany is now Europe’s largest exporter of footwear, having surpassed Italy and Belgium.
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About the World Footwear Yearbook
World Footwear is an initiative of APICCAPS, the Portuguese Footwear, Components and Leather Goods Manufacturers’ Association. In its tenth edition, this report analyses the most important trends within the worldwide footwear industry. Data for 2019, both in quantity and value, is available, making it possible to position the main players with regards to production, consumption, exports and imports. The publication is divided in two parts. A first chapter with a deep analysis of the World Footwear industry in 2019, with special focus on the sector's leading global players, and a second part with a detailed analysis of 84 different markets.
