Between 2013 and 2023, the market for footwear with outer soles and uppers of rubber or plastics in Switzerland expanded significantly. The market size in 2023 was valued at $547.28 million. Over the last two years, growth slowed with year-on-year increases of 2.74% in 2022 and 2.64% in 2023. The five-year compound annual growth rate (CAGR) reached 4.11%, illustrating consistent upward momentum.
Future trends to watch for:
- Increased demand driven by lifestyle changes and fashion trends.
- Growing awareness of sustainable materials, influencing production and consumer preferences.
- Potential impacts of economic fluctuations and their influence on purchasing power.
| # | 39 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 5,181,600,000 | 2023 | -3.68% | -2.85% | View data |
| 2 | 2 Germany | 4,872,500,000 | 2023 | +2.21% | +1.5% | View data |
| 3 | 3 France | 4,282,900,000 | 2023 | +1.36% | +1.03% | View data |
| 4 | 4 United Kingdom | 3,283,400,000 | 2023 | -0.29% | +0.39% | View data |
| 5 | 5 Italy | 3,094,400,000 | 2023 | +1.71% | +1.71% | View data |
| 13 | 13 Chile | 872,330,000 | 2023 | +1.35% | +1.12% | View data |
| 14 | 14 Mexico | 665,910,000 | 2023 | +1.61% | +1.41% | View data |
| 15 | 15 Switzerland | 547,280,000 | 2023 | +2.64% | +4.11% | |
| 16 | 16 Austria | 535,560,000 | 2023 | +1.45% | +1.58% | View data |
| 17 | 17 Peru | 500,930,000 | 2023 | +0.4% | +1.15% | View data |