The waterproof footwear market size value per capita in Kenya has experienced gradual fluctuations over the past decade. From 2013 to 2023, the per capita value oscillated between $0.76 and $0.95, with a standout high in 2017 and a decline from 2018 onwards. The value in 2023 was $0.78 USD per capita. Over the last two years, the market saw a year-on-year decline of 1.3% in 2022 and 1.3% in 2023. The compounded annual growth rate (CAGR) from 2018 to 2023 stands at approximately -0.74%.
Future trends to watch for include:
- Potential for increased demand as a result of changing climate patterns and occasional heavy rainy seasons.
- Growing urbanization which may drive the demand for durable waterproof footwear.
- Technological advancements in materials that could enhance product appeal and market penetration.
| # | 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 | ||
| 21 | 21 Colombia | 1.14 | 2023 | View data | ||
| 22 | 22 Peru | 0.81 | 2023 | View data | ||
| 23 | 23 Kenya | 0.78 | 2023 | |||
| 24 | 24 El Salvador | 0.58 | 2023 | View data | ||
| 25 | 25 Zimbabwe | 0.55 | 2023 | View data | ||
