From 2013 to 2023, the market size value per capita for footwear with outer soles and uppers of rubber or plastics in the Dominican Republic rose from $3.02 to $7.65, indicating steady growth, peaking at $6.7 in 2021 before reaching an all-time high in 2023. This represents a 53.6% increase from 2021 to 2023 and a compound annual growth rate (CAGR) of 6.8% over the last five years.
Future trends to watch include developments in sustainable materials, shifting consumer preferences towards casual and sports footwear, and potential economic impacts on consumer spending power. Keeping abreast of global economic conditions and market innovations will be crucial.
| # | 39 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 65.01 | 2023 | View data | ||
| 2 | 2 France | 63.29 | 2023 | View data | ||
| 3 | 3 Netherlands | 60.75 | 2023 | View data | ||
| 4 | 4 Austria | 59.63 | 2023 | View data | ||
| 5 | 5 Germany | 57.95 | 2023 | View data | ||
| 30 | 30 Ecuador | 12.08 | 2023 | View data | ||
| 31 | 31 Guatemala | 9.6 | 2023 | View data | ||
| 32 | 32 Dominican Republic | 7.65 | 2023 | |||
| 33 | 33 Jamaica | 6.83 | 2023 | View data | ||
| 34 | 34 Colombia | 6.37 | 2023 | View data | ||