The market size value per capita for footwear with outer soles and uppers of rubber or plastics in Latvia has shown a positive trend from 2013 to 2023, reaching $18 in 2023. Over the past decade, there has been a consistent rise despite minor fluctuations. Notably, there was a significant increase from 2021 to 2023 and a steady rise over the last five years, reflecting a healthy compound annual growth rate (CAGR). This highlights an increasing consumer demand and market expansion in this category.
Future trends to watch for include:
- Innovations in sustainable materials, which may influence consumer preferences.
- Potential economic factors or regulations impacting consumer spending power and imports.
- Adapting to digital retail trends to capture a greater market share amidst changing shopping habits.
| # | 39 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 65.01 | 2023 | View data | ||
| 2 | 2 France | 63.29 | 2023 | View data | ||
| 3 | 3 Netherlands | 60.75 | 2023 | View data | ||
| 4 | 4 Austria | 59.63 | 2023 | View data | ||
| 5 | 5 Germany | 57.95 | 2023 | View data | ||
| 24 | 24 Romania | 19.75 | 2023 | View data | ||
| 25 | 25 Lithuania | 19.59 | 2023 | View data | ||
| 26 | 26 Latvia | 18 | 2023 | |||
| 27 | 27 Mauritius | 15.44 | 2023 | View data | ||
| 28 | 28 Peru | 15.05 | 2023 | View data | ||
