From 2013 to 2023, the footwear market size value per capita in Pakistan experienced modest fluctuations. The value per capita peaked at USD 1.63 in 2015 and edged downwards to USD 1.45 by 2023. The most significant year-on-year drop occurred in 2020, with a recovery phase in 2021, 2022, and stabilization in 2023. Over the past two years, the market held steady, displaying resilience post-COVID disruptions. The five-year CAGR indicates a stable yet stagnant trajectory.
Future trends to watch for:
- Increased demand for sustainable and eco-friendly footwear options.
- Rise in local manufacturing due to evolving consumer preferences and cost concerns.
- Potential market expansion driven by increased urbanization and disposable income.
| # | 36 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 129.87 | 2023 | View data | ||
| 2 | 2 Austria | 121.48 | 2023 | View data | ||
| 3 | 3 Germany | 119.4 | 2023 | View data | ||
| 4 | 4 France | 118.73 | 2023 | View data | ||
| 5 | 5 Netherlands | 113.94 | 2023 | View data | ||
| 31 | 31 Colombia | 3.77 | 2023 | View data | ||
| 32 | 32 Honduras | 1.69 | 2023 | View data | ||
| 33 | 33 Pakistan | 1.45 | 2023 | |||
| 34 | 34 Morocco | 1.43 | 2023 | View data | ||
| 35 | 35 Jordan | 1.03 | 2023 | View data | ||
