The Finnish market for footwear with outer soles of rubber or plastics and uppers of leather has witnessed a declining trend in value per capita from 2013 to 2023, decreasing from $50.14 to $26.47 per capita. Between 2022 and 2023, there was a reduction of approximately 4.0%. Over the past five years, the compound annual growth rate (CAGR) was approximately -4.9%, indicating a consistent yearly decrease. The market stood at $26.47 per capita in 2023.
Future trends to watch include potential shifts in consumer preferences towards sustainable materials and eco-friendly production processes. Additionally, economic recovery and changes in purchasing power could impact market dynamics. Keeping an eye on emerging fashion trends and technological advancements will be crucial for adapting to market demands.
How does Finland rank in Footwear with Outer Sole of Rubber or Plastics and Uppers of Leather Market Size Value Per Capita?
| # | 36 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 129.87 | 2023 | View data | ||
| 2 | 2 Austria | 121.48 | 2023 | View data | ||
| 3 | 3 Germany | 119.4 | 2023 | View data | ||
| 4 | 4 France | 118.73 | 2023 | View data | ||
| 5 | 5 Netherlands | 113.94 | 2023 | View data | ||
| 18 | 18 Canada | 41.56 | 2023 | View data | ||
| 19 | 19 Japan | 36.79 | 2023 | View data | ||
| 20 | 20 Finland | 26.47 | 2023 | |||
| 21 | 21 Uruguay | 23.3 | 2023 | View data | ||
| 22 | 22 Hungary | 19.75 | 2023 | View data | ||