The market size value for Footwear with Outer Sole of Rubber or Plastics and Uppers of Leather in Belgium experienced significant fluctuations over the years from 2013 to 2023. In 2023, the market reached a value of 490.8 million US dollars. Year-over-year analysis indicates a decline in market value from 2021 to 2023, with a dip of approximately 2.28% in both 2022 and 2023. The Compound Annual Growth Rate (CAGR) over the last five years shows an average annual decline of 2.27%.

Future trends to watch for include:

Shifts in consumer preferences towards sustainable and eco-friendly products.
Potential for market recovery post-pandemic with changing fashion trends.
Technological advancements in footwear production impacting cost and design efficiency.