The import of footwear with uppers of rubber or plastics to Thailand is forecasted to rise steadily from 2024 to 2028. After standing at a certain value in 2023, the actual data from 2024 onwards predicts an annual growth, with a noticeable pattern of year-on-year percentage increases observed.
From 2024 to 2025, the growth rate is approximately 4.1%. From 2025 to 2026, the variation is about 3.9%. The trend continues with around 3.7% growth from 2026 to 2027 and 3.5% from 2027 to 2028. Over this five-year period, the Compound Annual Growth Rate (CAGR) averages at approximately 3.8%.
Future trends to watch for include potential impacts of trade policies, shifts in consumer preferences towards sustainable products, and economic factors influencing disposable income. Monitoring these trends will be crucial for understanding the import dynamics of footwear with uppers of rubber or plastics to Thailand.
