From 2013 to 2023, Colombia's waterproof footwear market size value per capita showed fluctuating trends. The market began at $1.61 in 2013, peaking at $1.7 in 2014, and then experiencing a general decline to $1.0 in 2017. A gradual recovery followed, reaching $1.14 in 2023. Year-on-year changes demonstrate slight declines, with a decrease of roughly 2.5% from 2022 to 2023. Over the last five years, the compound average growth rate (CAGR) suggests minimal growth, signifying market stabilization post-2017.
Future trends to monitor include technological advancements in materials for improved waterproof features and the impact of climate change on consumer behavior, potentially fostering demand increases.
| # | 26 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 9.01 | 2023 | View data | ||
| 2 | 2 Austria | 6.25 | 2023 | View data | ||
| 3 | 3 Italy | 5.96 | 2023 | View data | ||
| 4 | 4 Switzerland | 5 | 2023 | View data | ||
| 5 | 5 Belgium | 4.92 | 2023 | View data | ||
| 19 | 19 Mauritius | 1.56 | 2023 | View data | ||
| 20 | 20 China | 1.2 | 2023 | View data | ||
| 21 | 21 Colombia | 1.14 | 2023 | |||
| 22 | 22 Peru | 0.81 | 2023 | View data | ||
| 23 | 23 Kenya | 0.78 | 2023 | View data | ||