The market size value per capita for footwear with outer soles of rubber or plastics and uppers of leather in China has shown a steady increase, culminating at $14.23 in 2023. Despite minor fluctuations between 2013 and 2017, the value per capita demonstrated resilience and growth from 2018 onwards. From 2022 to 2023, a year-on-year growth of approximately 1.21% was recorded. Observing the compound annual growth rate (CAGR) over the last five years reveals an average annual increase of approximately 0.79%, reflecting a sustained upward trend in this sector.
Future trends to watch for:
- Increased emphasis on sustainable materials may influence leather footwear demand.
- Technological advancements in e-commerce are likely to shape consumer purchasing patterns.
- Consumer preference for premium brands could drive further market growth.
| # | 36 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 129.87 | 2023 | View data | ||
| 2 | 2 Austria | 121.48 | 2023 | View data | ||
| 3 | 3 Germany | 119.4 | 2023 | View data | ||
| 4 | 4 France | 118.73 | 2023 | View data | ||
| 5 | 5 Netherlands | 113.94 | 2023 | View data | ||
| 21 | 21 Uruguay | 23.3 | 2023 | View data | ||
| 22 | 22 Hungary | 19.75 | 2023 | View data | ||
| 23 | 23 China | 14.23 | 2023 | |||
| 24 | 24 Costa Rica | 9.56 | 2023 | View data | ||
| 25 | 25 South Africa | 7.85 | 2023 | View data | ||
