The footwear market in Mauritius with outer soles and uppers of rubber or plastics reached a value of 19.203 million USD in 2023, reflecting a year-on-year increase of 1.46%. Over the past decade, the market has shown general growth, with some fluctuations, notably a significant dip in 2020. By evaluating the period from 2018 to 2023, the compound annual growth rate (CAGR) was modest at 0.87%. This suggests moderate yet steady recovery and growth following the 2020 downturn. Year-on-year variations across this period highlighted a market resilience against economic fluctuations.
Future trends to watch for include:
- Increasing demand for lightweight and comfortable footwear due to lifestyle changes.
- Sustainability trends potentially driving design and material innovations.
- Greater online retail adoption affecting consumer purchasing behavior.
| # | 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 |
| 36 | 36 Cyprus | 32,386,000 | 2023 | -1.88% | -1.43% | View data |
| 37 | 37 Jamaica | 20,449,000 | 2023 | -1.68% | -1.71% | View data |
| 38 | 38 Mauritius | 19,203,000 | 2023 | +1.46% | +0.87% | |
| 39 | 39 Barbados | 8,794,200 | 2023 | -1.34% | -2.61% | View data |
