The market size for boots covering the ankle with soles and uppers of rubber or plastics in South Africa reached USD 159.15 million in 2023, marking a year-on-year growth of 2.51%. Over the past five years, the market experienced a compound annual growth rate (CAGR) of 2.54%, indicating moderate yet consistent growth.
Key trends observed:
- Strong initial growth in 2014 with a sharp 35.93% increase.
- Fluctuations noted between 2015 and 2017, with some decline in market value.
- Steady recovery and growth from 2018 onwards.
Future trends to watch include the impact of emerging sustainable materials and advances in manufacturing technologies on market growth, alongside evolving consumer preferences towards eco-friendly products.
| # | 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 |
| 6 | 6 Austria | 224,600,000 | 2023 | +1.52% | +1.78% | View data |
| 7 | 7 Switzerland | 189,430,000 | 2023 | +1.81% | +1.43% | View data |
| 8 | 8 South Africa | 159,150,000 | 2023 | +2.51% | +2.54% | |
| 9 | 9 Sweden | 123,920,000 | 2023 | -0.22% | -1.6% | View data |
| 10 | 10 Belgium | 92,422,000 | 2023 | -0.83% | -0.76% | View data |
