The Footwear Parts Market in Japan has seen a consistent decline in value per capita from 2012 to 2022, decreasing from 16.57 to 7.86 USD. Year-on-year decreases were noted, notably with a sharper decline from 2015 to 2016 and 2017 to 2018. The most recent two years witnessed relatively small declines of 0.95% from 2020 to 2021 and 6.09% from 2021 to 2022. Over the five-year span from 2018 to 2022, the market experienced a compound annual growth rate (CAGR) decline of 3.92%.
Future trends to watch include the impact of sustainability, technological innovations, and shifts in consumer preferences towards eco-friendly and custom footwear solutions. These factors could stimulate market stability or even growth, altering the current declining trend.
How does Japan rank in Footwear Parts Market Size Value Per Capita?
| # | 23 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 19.49 | 2023 | View data | ||
| 2 | 2 Netherlands | 11.83 | 2023 | View data | ||
| 3 | 3 Spain | 11.52 | 2023 | View data | ||
| 4 | 4 Switzerland | 9.27 | 2023 | View data | ||
| 5 | 5 France | 7.84 | 2023 | View data | ||
| 6 | 6 Norway | 7.49 | 2023 | View data | ||
| 7 | 7 Japan | 7.36 | 2023 | |||
| 8 | 8 China | 6.87 | 2023 | View data | ||
| 9 | 9 Morocco | 6.71 | 2023 | View data | ||
