The market size value per capita for waterproof footwear in China displayed moderate growth over the past decade, reaching $1.20 in 2023 from $0.76 in 2013. This represents a total increase of 57.9% over the period, with the most recent year-on-year growth from 2022 to 2023 being 2.56%. Looking at the last two years, the market experienced a total increase of 4.35%. The compound annual growth rate (CAGR) over the half-decade from 2018 to 2023 stands at approximately 2.34%, indicating steady growth.
Future trends to watch for include:
- Increased demand driven by urbanization and lifestyle changes.
- An emphasis on eco-friendly and durable footwear materials.
- Growth in online retailing avenues, increasing accessibility and variety.
- Potential impacts of economic fluctuation and consumer spending power on market dynamics.
| # | 26 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 9.01 | 2023 | View data | ||
| 2 | 2 Austria | 6.25 | 2023 | View data | ||
| 3 | 3 Italy | 5.96 | 2023 | View data | ||
| 4 | 4 Switzerland | 5 | 2023 | View data | ||
| 5 | 5 Belgium | 4.92 | 2023 | View data | ||
| 18 | 18 Guatemala | 1.77 | 2023 | View data | ||
| 19 | 19 Mauritius | 1.56 | 2023 | View data | ||
| 20 | 20 China | 1.2 | 2023 | |||
| 21 | 21 Colombia | 1.14 | 2023 | View data | ||
| 22 | 22 Peru | 0.81 | 2023 | View data | ||
