The waterproof footwear market in Guatemala reached a value of $29.922 million USD in 2023. Analyzing year-on-year growth shows modest increases in recent years, with 2.36% growth in 2022 and 2.26% in 2023. Over the past five years, the compound annual growth rate (CAGR) stands at approximately 1.13%, suggesting a stable but slow growth trend after a peak period in 2017.
Future trends to watch for include:
- Potential market expansion due to increasing urbanization and outdoor activities.
- Innovations in sustainable and eco-friendly materials driving consumer interest.
- The impact of economic fluctuations on consumer spending patterns in the region.
| # | 26 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 1,681,600,000 | 2023 | +2.19% | +2.39% | View data |
| 2 | 2 Japan | 549,790,000 | 2023 | -4.25% | -8.13% | View data |
| 3 | 3 Italy | 357,300,000 | 2023 | -1.09% | -1.71% | View data |
| 4 | 4 United Kingdom | 319,150,000 | 2023 | -2.01% | -1.03% | View data |
| 5 | 5 France | 314,910,000 | 2023 | -0.85% | -0.39% | View data |
| 15 | 15 Kenya | 43,213,000 | 2023 | +0.59% | +0.82% | View data |
| 16 | 16 Netherlands | 41,719,000 | 2023 | +1.21% | -0.36% | View data |
| 17 | 17 Guatemala | 29,922,000 | 2023 | +2.26% | +1.13% | |
| 18 | 18 Peru | 27,161,000 | 2023 | -0.37% | -0.12% | View data |
| 19 | 19 Greece | 21,877,000 | 2023 | -0.68% | -0.59% | View data |
