PROSPECTS AND OPPORTUNITIES
“Sneakermania” trend will continue, with convenience another key driver
The “sneakermania” trend will continue over the forecast period, with ongoing developments and collaborations expected. Batz is cited as an example in this context, having enjoyed successful partnerships with fashion designers such as Rekavago, Virag Kerenyi, Hodlik Anna, and Daalarna.
Multi-brand retailers will continue to attract attention
Multi-brand footwear specialists such as Deichmann and retail e-commerce platforms such as ecipo are expected to remain popular, alongside outdoor/sporting apparel/footwear shops such as R.GOL, Hervis, and Mountex.
Sustainability trends will drive new product developments
Sustainability is expected to be an ongoing trend over the forecast period, influencing new developments in. footwear as well as apparel.
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Overview:
Understand the latest market trends and future growth opportunities for the Footwear industry in Hungary with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Footwear industry in Hungary, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Footwear in Hungary report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Footwear in Hungary?
- Which are the leading brands in Hungary?
- How are products distributed in Hungary?
- How is the rise of e-commerce shaping demand?
- What % of apparel and footwear sales are made via grocery retailers?
- Do consumers want premium quality or fast fashion?
- How will COVID-19 and recession impact demand?
- How important is sustainability in Footwear in Hungary?
- Where is future growth expected to be most dynamic?
Footwear in Hungary - Category analysis
KEY DATA FINDINGS
“Sneakermania” helps to drive sales of footwear
Medical grade footwear for children and the senior population can also support sales
Convenient and comfortable shoe options attract attention
“Sneakermania” trend will continue, with convenience another key driver
Multi-brand retailers will continue to attract attention
Sustainability trends will drive new product developments
Apparel and Footwear in Hungary - Industry Overview
Apparel and footwear in 2024: The big picture
2024 key trends
Competitive landscape
Retailing developments
What next for apparel and footwear?
DISCLAIMER
The following categories and subcategories are included:
Footwear
- Children's Footwear
- Men's Footwear
- Women's Footwear
Footwear
This is the aggregation of children's footwear, men's footwear and women's footwear. Includes all men’s, women’s and children’s outdoor and indoor shoes made of materials as leather, fabric or plastic. Outdoor shoes includes all dress shoes, trainers, sports shoes, sandals, boots, pumps, and high heels. Indoor shoes includes house-shoes and slippers. Items must be new when sold to the consumer; second-hand/used footwear is excluded. Antique and/or vintage footwear is also excluded. Sports footwear (broken out as a separate category) is included in total footwear figure. One pair of footwear constitutes one volume unit.
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Footwear research and analysis database.
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