The footwear market in the Russian Federation is growing
06.05.2013 5862

The footwear market in the Russian Federation is growing

At present, the volume of the shoe market is $ 17 billion, or about 400-450 million pairs. About 45 million pairs of leather shoes are produced per year. Annual growth is equal to 16%.

The Russian shoe market continues to grow. According to experts, it is too early to talk about its glut. With a competent marketing policy, new brands have every chance of successfully competing with existing ones. However, in the future, projected market growth will be no more than 8-10%.

The growth of Russian shoe production lags behind the growth of consumer activity. There is a tendency to improve performance, however, the share of Russian manufacturers in the market is still very small. In Russia, 260 enterprises produce shoe products, while 90% of the products are produced by 50 large enterprises. Chinese brandless shoes occupy 60% of the Russian market. A few years ago, this figure was equal to 80%.

At the moment, the volume of the shoe market is $ 17 billion, or about 400-450 million pairs. About 45 million pairs of leather shoes are produced annually. The annual growth is equal to ...
5
1
Rating

Latest News

Vietnam begins trade talks with US over tariffs

Vietnam and the United States have formally begun talks over the Trump administration's threat to impose a 46% tariff on goods from the Southeast Asian country.
25.04.2025 268

Lamoda Sport to support Moscow Half Marathon participants

Lamoda Sport has prepared for the main Moscow race and placed a corner with sportswear and footwear in Luzhniki. On April 27, the Moscow…
25.04.2025 183

Birkenstock has updated two hit models from its collection for the summer season

Birkenstock has updated two of its most popular models with the introduction of the Boston Nova and London Nova closed-toe clogs.
24.04.2025 411

Gucci Loses Sales, Takes Kering Group Down With It

Sales at Kering Group luxury brand Gucci fell 2025% to €25 billion in the first quarter of 1,57. That's well below analysts' estimates of €XNUMX billion.
24.04.2025 331

Spain reports decline in footwear sales

The Spanish leather and footwear industry has seen its sales fall for the fourth month in a row. According to the National Statistics Institute (INE), in February 2025 the sector's turnover index (ICN) fell by 7,4% compared to the previous…
23.04.2025 317
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning