The Footwear with Uppers of Leather market in Denmark experienced a decline from 2013 to 2023, with the value per capita decreasing from $292.26 in 2013 to $220.88 in 2023. The most significant drop happened between 2019 and 2020, likely influenced by external factors that dampened consumer spending. In the last two years, from 2022 to 2023, the market continued to decline with a year-on-year reduction. Over the past five years, the compound annual growth rate (CAGR) indicates a steady decrease.
Future trends to watch for include:
- Shift in consumer preferences towards sustainable and eco-friendly materials
- Increasing popularity of athleisure and non-leather alternatives
- Potential economic recovery and post-pandemic spending adjustments
How does Denmark rank in Footwear with Uppers of Leather Market Size Value Per Capita?
| # | 40 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 262.54 | 2023 | View data | ||
| 2 | 2 Netherlands | 248.1 | 2023 | View data | ||
| 3 | 3 France | 231.93 | 2023 | View data | ||
| 4 | 4 Denmark | 220.88 | 2023 | |||
| 5 | 5 Germany | 200.69 | 2023 | View data | ||
| 6 | 6 United Kingdom | 166.99 | 2023 | View data | ||
