The waterproof footwear market in El Salvador experienced fluctuations over the years, concluding in 2023 with a market value of 3.7983 Million USD. Overall, the market showed a declining trend reflected in a negative compound annual growth rate (CAGR) of -1.59% over the last five years. Year-on-year variations highlight persistent challenges, with declines marking most years, and only a few showing modest increases. Recent years, like 2021 with a 4.35% rise, offered brief reprieve before further slight downturns in 2022 and 2023.
Future trends to watch for include shifts in consumer demand towards durable and sustainable products, influenced by increased awareness of environmental issues. Additionally, technological advancements in materials and manufacturing processes may contribute to innovations driving market growth or transformation.
| # | 26 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 1,681,600,000 | 2023 | +2.19% | +2.39% | View data |
| 2 | 2 Japan | 549,790,000 | 2023 | -4.25% | -8.13% | View data |
| 3 | 3 Italy | 357,300,000 | 2023 | -1.09% | -1.71% | View data |
| 4 | 4 United Kingdom | 319,150,000 | 2023 | -2.01% | -1.03% | View data |
| 5 | 5 France | 314,910,000 | 2023 | -0.85% | -0.39% | View data |
| 22 | 22 Morocco | 5,787,900 | 2023 | -1.39% | -1.44% | View data |
| 23 | 23 Slovenia | 5,182,100 | 2023 | -3.93% | -1.36% | View data |
| 24 | 24 El Salvador | 3,798,300 | 2023 | -0.85% | -1.59% | |
| 25 | 25 Mauritius | 1,977,700 | 2023 | -0.072% | -1.96% | View data |
| 26 | 26 Montenegro | 1,523,000 | 2023 | +0.79% | +0.26% | View data |