The market for footwear with outer soles and uppers of rubber or plastics in Finland has seen a continuous decline from 2013 to 2023, reaching a value of $70.803 million in 2023. Over the past two years, the year-on-year decrease was roughly 7-8%, and the five-year compound annual growth rate (CAGR) indicates an average annual reduction of approximately 6.82%. This consistent downtrend suggests diminishing consumer demand or increased competition from alternative materials.
Future trends to watch for:
- Potential shifts in consumer preferences towards sustainable or eco-friendly materials.
- Technological advancements in footwear manufacturing could impact market dynamics.
- Policy changes regarding imports and tariffs may influence market value.
| # | 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 |
| 30 | 30 Morocco | 119,670,000 | 2023 | +2.21% | +4.03% | View data |
| 31 | 31 Dominican Republic | 81,772,000 | 2023 | +4.17% | +3.47% | View data |
| 32 | 32 Finland | 70,803,000 | 2023 | -7.79% | -6.82% | |
| 33 | 33 Lithuania | 51,963,000 | 2023 | +0.99% | +0.73% | View data |
| 34 | 34 Honduras | 42,223,000 | 2023 | +1.03% | +0.95% | View data |
