In 2023, China's import of sports footwear with soles and uppers of rubber or plastics stood at a certain baseline value. The forecasted figures reveal a gradual and consistent increase in imports from 2024 to 2028. Year-on-year growth is positive throughout the forecast period, indicating a steady rise in demand, with an anticipated compounded annual growth rate (CAGR) showcasing moderate market expansion each year over this timeframe.
Future trends to watch for include:
- Shifts in consumer preferences towards sustainable and innovative materials.
- The impact of global trade policies on supply chains and import costs.
- Emerging market players potentially influencing competitive dynamics.