The market for footwear with outer soles and uppers of rubber or plastics in Lithuania was valued at 51.963 million US dollars in 2023. The market showed fluctuations over the past decade, with significant growth from 2016 to 2019, marked by a peak in 2019. Between 2019 and 2023, the market experienced moderate variations, achieving a compound annual growth rate (CAGR) of 0.73% over the last five years. The year-on-year growth from 2022 to 2023 was 0.99%.
Future trends to watch for:
- The impact of sustainability and eco-friendly materials on consumer preferences.
- The role of digital channels in expanding market reach and consumer engagement.
- Potential market shifts due to changing economic conditions or regulatory policies.
| # | 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 |
| 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% | View data |
| 33 | 33 Lithuania | 51,963,000 | 2023 | +0.99% | +0.73% | |
| 34 | 34 Honduras | 42,223,000 | 2023 | +1.03% | +0.95% | View data |
| 35 | 35 Latvia | 37,863,000 | 2023 | +2.56% | +3.64% | View data |
