The market size for footwear with uppers of leather in Hungary showed fluctuations over the past decade, with a notable growth from $26.4 USD per capita in 2013 to $55.73 USD per capita in 2023. The market declined during 2020 but rebounded by 2021, recording growth up to 2023. Year-on-year growth showed a 3.37% increase from 2022 to 2023, while the CAGR for the last five years was approximately 5.92%.
Future trends to watch include potential disruptions from evolving consumer preferences towards sustainable and vegan materials, technological advancements in footwear production, and the impact of economic changes on consumer spending power.
How does Hungary rank in Footwear with Uppers of Leather Market Size Value Per Capita?
| # | 40 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 262.54 | 2023 | View data | ||
| 2 | 2 Netherlands | 248.1 | 2023 | View data | ||
| 3 | 3 France | 231.93 | 2023 | View data | ||
| 4 | 4 Denmark | 220.88 | 2023 | View data | ||
| 5 | 5 Germany | 200.69 | 2023 | View data | ||
| 21 | 21 Montenegro | 68.03 | 2023 | View data | ||
| 22 | 22 Finland | 64.9 | 2023 | View data | ||
| 23 | 23 Hungary | 55.73 | 2023 | |||
| 24 | 24 Malta | 43.99 | 2023 | View data | ||
| 25 | 25 Slovakia | 38.32 | 2023 | View data | ||
