The import of footwear with uppers of rubber or plastics to Japan shows a steady decline in the forecast from 2024 to 2028. In 2023, the value was above the forecasted 1.419 billion USD for 2024. The year-on-year variation reflects a gradual decrease: 2025 sees a 1.37% decrease, 2026 drops by 1.36%, followed by 2027 with a 1.35% decline, and 2028 continues the downward trend with a 1.34% decrease. The compound annual growth rate (CAGR) over these five years highlights a negative trend, averaging a 1.35% decrease per year.
Future trends to watch for include potential impacts from changes in global supply chains, shifts in consumer preferences towards sustainable materials, and economic policies that could influence trade relations and import tariffs. Additionally, the growing e-commerce sector may affect distribution channels and alter import needs.
