The Footwear with Outer Soles and Uppers of Rubber or Plastics Market in Barbados has experienced fluctuating growth over the past decade. As of 2023, the market size stood at $8.7942 million, reflecting a slight year-on-year decline of 1.34%. Notably, from 2019 to 2023, the market showed an average annual decline of approximately 2.61%, indicating a longer-term contraction. The past five years signaled volatility with dips and occasional recovery years.
Future trends to watch for include:
- Innovation in sustainable materials which could drive consumer interest.
- Increasing online footwear sales, altering the traditional retail landscape.
- Global economic factors impacting import dynamics and pricing.
| # | 39 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 5,181,600,000 | 2023 | -3.68% | -2.85% | View data |
| 2 | 2 Germany | 4,872,500,000 | 2023 | +2.21% | +1.5% | View data |
| 3 | 3 France | 4,282,900,000 | 2023 | +1.36% | +1.03% | View data |
| 4 | 4 United Kingdom | 3,283,400,000 | 2023 | -0.29% | +0.39% | View data |
| 5 | 5 Italy | 3,094,400,000 | 2023 | +1.71% | +1.71% | View data |
| 37 | 37 Jamaica | 20,449,000 | 2023 | -1.68% | -1.71% | View data |
| 38 | 38 Mauritius | 19,203,000 | 2023 | +1.46% | +0.87% | View data |
| 39 | 39 Barbados | 8,794,200 | 2023 | -1.34% | -2.61% | |
