In 2023, Japan's import of footwear with outer soles of rubber, plastics, and uppers of textile materials stood at 90 million kilograms. In 2024, forecasts predict a volume of 91.689 million kilograms, indicating sustained growth. The projected year-on-year growth rates from 2024 to 2028 demonstrate consistent, albeit modest, increases: approximately 0.8% to 0.9% annually.
Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) stands at approximately 0.8%, reflecting a stable upward trend. This growth may be attributed to consumer preferences and economic conditions.
Future trends to watch for include:
- Consumer demand shifts towards sustainable and eco-friendly footwear.
- Potential currency fluctuations affecting import costs.
- Emerging trade policies impacting international trade dynamics.
- Technological advancements and innovation in footwear design and materials.
