The market size for boots covering the ankle with soles and uppers of rubber or plastics in Luxembourg stood at 4.7649 million USD in 2023. Analysis of the data from 2013 to 2023 reveals several trends: after initial growth from 2013 to 2015, the market experienced a decline from 2016 onward, with a brief rise in 2020. Over the last five years, the compound annual growth rate (CAGR) shows an average decline of 2.25% annually, with year-on-year figures reflecting slight consistent declines, particularly in the recent two years.
Looking forward, potential influences on this market include sustainable materials and eco-friendly production processes gaining traction. There's also a need to monitor luxury and niche product trends, as well as economic shifts influencing consumer spending in Luxembourg.
| # | 22 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,184,900,000 | 2023 | -0.015% | -0.21% | View data |
| 2 | 2 United Kingdom | 859,000,000 | 2023 | -0.12% | +0.85% | View data |
| 3 | 3 Spain | 712,810,000 | 2023 | -1.64% | +2.55% | View data |
| 4 | 4 Canada | 468,890,000 | 2023 | +0.8% | +1.48% | View data |
| 5 | 5 Netherlands | 265,740,000 | 2023 | -1.63% | -0.83% | View data |
| 19 | 19 Costa Rica | 13,643,000 | 2023 | -2.78% | -3.74% | View data |
| 20 | 20 El Salvador | 6,151,300 | 2023 | -3.03% | -4.04% | View data |
| 21 | 21 Luxembourg | 4,764,900 | 2023 | -0.86% | -2.25% | |
| 22 | 22 Malta | 1,187,800 | 2023 | +0.045% | -0.33% | View data |
