The Lithuanian market for footwear with leather uppers showed a rising trend from 2013 to 2023, reaching $103.21 per capita. Between 2021 and 2023, the market grew by approximately 2.39% annually. Over the last five years, the compound annual growth rate (CAGR) averaged around 0.89%, indicating steady growth. Notably, there was a minor dip in 2020, likely due to global disruptions, but recovery began promptly.
Future trends to watch for include a possible slowdown in growth as saturation approaches, and shifts towards sustainable and ethically sourced products aligning with global trends towards eco-conscious consumption. Also, observe potential impact from economic changes in Europe.
How does Lithuania rank in Footwear with Uppers of Leather Market Size Value Per Capita?
| # | 40 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 262.54 | 2023 | View data | ||
| 2 | 2 Netherlands | 248.1 | 2023 | View data | ||
| 3 | 3 France | 231.93 | 2023 | View data | ||
| 4 | 4 Denmark | 220.88 | 2023 | View data | ||
| 5 | 5 Germany | 200.69 | 2023 | View data | ||
| 11 | 11 New Zealand | 107.82 | 2023 | View data | ||
| 12 | 12 Estonia | 106.68 | 2023 | View data | ||
| 13 | 13 Lithuania | 103.21 | 2023 | |||
| 14 | 14 Canada | 100.55 | 2023 | View data | ||
| 15 | 15 Belgium | 97.92 | 2023 | View data | ||
