The Footwear with Outer Soles and Uppers of Rubber or Plastics market in Morocco reached a value of $119.67 million USD in 2023. The market experienced fluctuations over the past decade, with significant growth periods, such as a 13.05% increase in 2017 and a 17.22% rebound in 2021 after a substantial drop in 2020. The compound annual growth rate (CAGR) over the past five years was 4.03%, indicating moderate growth. Recent years show a positive trend, with a 2.21% rise in 2023.
Future trends to watch for include:
- Increased demand for durable and eco-friendly materials.
- Technological integration for enhanced customer experience.
- Potential market expansion through online sales channels.
| # | 39 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 5,181,600,000 | 2023 | -3.68% | -2.85% | View data |
| 2 | 2 Germany | 4,872,500,000 | 2023 | +2.21% | +1.5% | View data |
| 3 | 3 France | 4,282,900,000 | 2023 | +1.36% | +1.03% | View data |
| 4 | 4 United Kingdom | 3,283,400,000 | 2023 | -0.29% | +0.39% | View data |
| 5 | 5 Italy | 3,094,400,000 | 2023 | +1.71% | +1.71% | View data |
| 28 | 28 Norway | 146,710,000 | 2023 | -1.25% | -1.38% | View data |
| 29 | 29 Ireland | 135,920,000 | 2023 | -2.85% | +2.47% | View data |
| 30 | 30 Morocco | 119,670,000 | 2023 | +2.21% | +4.03% | |
| 31 | 31 Dominican Republic | 81,772,000 | 2023 | +4.17% | +3.47% | View data |
| 32 | 32 Finland | 70,803,000 | 2023 | -7.79% | -6.82% | View data |
