The waterproof footwear market in Kenya has shown fluctuating growth over the past years, reaching a value of 43.213 million USD in 2023. An upward trend was observed until 2017, followed by a decline in 2018 and stabilization thereafter. Year-on-year variations indicate a slight growth of 0.59% in 2023, with a five-year compound annual growth rate of 0.82%, reflecting moderate stabilization in recent years.
Future market trends to watch for:
- Increased demand driven by changing weather patterns and awareness of the benefits of waterproof footwear.
- Potential growth opportunities in exports as regional trade agreements evolve.
- Innovation in material sciences leading to lighter and more durable products.
- Growing e-commerce and online retail contributing to market expansion.
| # | 26 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 1,681,600,000 | 2023 | +2.19% | +2.39% | View data |
| 2 | 2 Japan | 549,790,000 | 2023 | -4.25% | -8.13% | View data |
| 3 | 3 Italy | 357,300,000 | 2023 | -1.09% | -1.71% | View data |
| 4 | 4 United Kingdom | 319,150,000 | 2023 | -2.01% | -1.03% | View data |
| 5 | 5 France | 314,910,000 | 2023 | -0.85% | -0.39% | View data |
| 13 | 13 Colombia | 55,558,000 | 2023 | -3.89% | +0.014% | View data |
| 14 | 14 Switzerland | 44,712,000 | 2023 | +1.58% | +1.47% | View data |
| 15 | 15 Kenya | 43,213,000 | 2023 | +0.59% | +0.82% | |
| 16 | 16 Netherlands | 41,719,000 | 2023 | +1.21% | -0.36% | View data |
| 17 | 17 Guatemala | 29,922,000 | 2023 | +2.26% | +1.13% | View data |
