The waterproof footwear market size value per capita in Belgium is forecasted to show a steady increase from $5.02 in 2024 to $5.39 in 2028. This represents a consistent annual growth rate, with the market value per capita climbing each year. With an upward trend from $5.02 in 2024 to $5.11 in 2025, $5.21 in 2026, $5.30 in 2027, and reaching $5.39 by 2028, this indicates a growing demand for waterproof footwear in Belgium.
When considering year-on-year variations, the market size value reveals a gradual increase:
- From 2024 to 2025, there is a 1.79% increase.
- From 2025 to 2026, the increase is 1.96%.
- From 2026 to 2027, the market grows by 1.73%.
- From 2027 to 2028, the growth is 1.70%.
The overall compound annual growth rate (CAGR) from 2024 to 2028 stands around 1.80%, illustrating a stable rise in market value per capita.
Given this positive trend, future trends to watch for include advancements in waterproof technology, shifts in consumer preferences towards sustainable and eco-friendly materials, and potential market expansion driven by climate changes and increased outdoor activities. These factors will likely continue to drive growth in the waterproof footwear market in Belgium.