The Footwear with Outer Sole of Rubber or Plastics and Uppers of Leather market in Pakistan reached a value of $325.42 million in 2023. The market demonstrated a year-on-year growth of 1.15% compared to the previous year. Over the last five years, it experienced a gradual recovery with a Compound Annual Growth Rate (CAGR) of 1.95% after the significant drop in 2020.
Future trends to watch for:
- Potential market growth driven by increasing fashion trends and product diversification.
- The influence of global economic conditions and raw material price fluctuations on market stability.
- A growing focus on sustainable and eco-friendly manufacturing processes could impact market dynamics.
| # | 36 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 21,467,000,000 | 2023 | +3.71% | +2.39% | View data |
| 2 | 2 Germany | 9,742,700,000 | 2023 | +0.57% | +0.33% | View data |
| 3 | 3 France | 8,048,300,000 | 2023 | +0.61% | +1.05% | View data |
| 4 | 4 Italy | 7,793,000,000 | 2023 | -1.26% | -1.25% | View data |
| 5 | 5 United Kingdom | 5,601,600,000 | 2023 | -1.85% | -1.11% | View data |
| 17 | 17 Greece | 462,820,000 | 2023 | +0.33% | -0.39% | View data |
| 18 | 18 Norway | 405,120,000 | 2023 | -1.73% | -2.36% | View data |
| 19 | 19 Pakistan | 325,420,000 | 2023 | +1.15% | +1.95% | |
| 20 | 20 New Zealand | 279,700,000 | 2023 | +0.14% | -0.61% | View data |
| 21 | 21 Croatia | 220,400,000 | 2023 | +4.83% | -0.14% | View data |
