Footwear production expected to grow in 2024
The Brazilian footwear industry could reach a total of 857.8 million pairs manufactured in 2024, according to projections made by the sector and disseminated by ABICALÇADOS. This would translate into a positive performance of 2.2%.
However, the industry faces some competitive disadvantages inherent to the country, such as a slow domestic and international market, high production costs, and unfair competition from global e-commerce platforms, as detailed by the association's executive president.