The market size for footwear with outer soles and uppers of rubber or plastics in Indonesia reached 938.24 million USD in 2023. The industry demonstrated a variable growth trend, notably rebounding from a decline in 2020 with a modest year-on-year increase of 2.6% in 2023. Over the past five years, the market's average annual growth rate was 2.26%, suggesting a steady recovery.
Future trends to watch for include:
- Increased consumer focus on sustainable materials.
- Technological advancements in footwear design and production.
- Growth in e-commerce facilitating wider market access.
| # | 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 |
| 9 | 9 Netherlands | 1,039,800,000 | 2023 | +2.65% | +2.15% | View data |
| 10 | 10 Brazil | 973,520,000 | 2023 | -3.47% | -2.14% | View data |
| 11 | 11 Indonesia | 938,240,000 | 2023 | +2.6% | +2.26% | |
| 12 | 12 Canada | 888,630,000 | 2023 | -1.64% | -1.21% | View data |
| 13 | 13 Chile | 872,330,000 | 2023 | +1.35% | +1.12% | View data |
