From 2013 to 2023, Japan's per capita market size for waterproof footwear covering the ankle but not the knee declined from $7.72 to $4.88. Between 2013 and 2017, the market experienced a notable reduction, followed by a steadier decrease from 2017 to 2023. Notably, the year-on-year decline from 2022 to 2023 was 2.6%, with a five-year CAGR of -0.7%, indicating a persistent downtrend.
Future trends to watch include the impact of sustainable production practices and innovative designs that align with eco-conscious consumer preferences, possibly revitalizing market interest and moderating the declining per capita expenditure.
How does Japan rank in Waterproof Footwear Covering the Ankle But Not Covering the Knee Market Size Value Per Capita?
| # | 14 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 6.98 | 2023 | View data | ||
| 2 | 2 Japan | 4.88 | 2023 | |||
| 3 | 3 Austria | 4.73 | 2023 | View data | ||
| 4 | 4 New Zealand | 4.51 | 2023 | View data | ||
| 5 | 5 France | 3.11 | 2023 | View data | ||
