In 2023, the market size for Footwear with Outer Sole of Rubber or Plastics and Uppers of Leather in Estonia reached 67.739 million USD, marking a 3.05% year-on-year increase. Over the past five years, the annual compound growth rate was moderate at 2.38%. Despite some fluctuations, the market showed resilience, bouncing back from a dip in 2020 due to external economic pressures.
Future trends to watch for include:
- The growing emphasis on sustainable and eco-friendly materials in footwear production.
- The impact of digitalization and e-commerce expansion on sales channels.
- The influence of fashion trends and consumer preferences in design and functionality.
| # | 36 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 21,467,000,000 | 2023 | +3.71% | +2.39% | View data |
| 2 | 2 Germany | 9,742,700,000 | 2023 | +0.57% | +0.33% | View data |
| 3 | 3 France | 8,048,300,000 | 2023 | +0.61% | +1.05% | View data |
| 4 | 4 Italy | 7,793,000,000 | 2023 | -1.26% | -1.25% | View data |
| 5 | 5 United Kingdom | 5,601,600,000 | 2023 | -1.85% | -1.11% | View data |
| 26 | 26 Uruguay | 81,140,000 | 2023 | +0.24% | +0.2% | View data |
| 27 | 27 Guatemala | 78,442,000 | 2023 | +1.29% | +0.77% | View data |
| 28 | 28 Estonia | 67,739,000 | 2023 | +3.05% | +2.38% | |
| 29 | 29 Morocco | 54,434,000 | 2023 | -3.26% | -2.19% | View data |
| 30 | 30 Costa Rica | 50,138,000 | 2023 | -2.93% | -3.16% | View data |
