The Footwear Parts Market in Hungary reached a value of 191.45 million US dollars in 2023. From 2013 to 2023, the market exhibited fluctuations, peaking in 2014 and dipping from 2015 to 2017. In recent years, a modest upward trend is observed with a slight increase in market size from 188.46 million in 2016 to 191.45 million in 2023. The Compound Annual Growth Rate (CAGR) over the last five years is 0.69%, indicating a slow but steady recovery.
Future trends to watch for:
- Potential shifts in consumer preferences towards sustainable footwear solutions could impact market dynamics.
- Technological advancements in materials and production methods may influence part demand.
- E-commerce growth could further drive market expansion, enhancing accessibility and variety.
| # | 23 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 9,617,700,000 | 2023 | +3.13% | +3.3% | View data |
| 2 | 2 Indonesia | 1,795,400,000 | 2023 | +2.75% | +3.97% | View data |
| 3 | 3 India | 1,021,800,000 | 2023 | +1.56% | +0.85% | View data |
| 4 | 4 Japan | 921,790,000 | 2023 | -6.61% | -6.66% | View data |
| 5 | 5 Spain | 543,930,000 | 2023 | -0.67% | -1.43% | View data |
| 9 | 9 Canada | 230,430,000 | 2023 | -0.017% | +1.06% | View data |
| 10 | 10 Netherlands | 214,490,000 | 2023 | +1.78% | +0.71% | View data |
| 11 | 11 Hungary | 191,450,000 | 2023 | +0.45% | +0.69% | |
| 12 | 12 Australia | 172,820,000 | 2023 | +1.98% | +1.85% | View data |
| 13 | 13 Thailand | 146,670,000 | 2023 | -0.25% | -1.92% | View data |
