The Waterproof Footwear Market in China experienced significant growth from 2012 to 2015, reaching a peak in 2015 with a market size value of $1545.0 million. However, the market saw a decline from 2016 to 2017. A steady recovery began in 2018, with moderate growth observed through 2019. The market faced a slight contraction in 2020 before resuming an upward trend in 2021 and 2022. The market value reached $1645.6 million in 2022, showing a generally positive CAGR over the last five years.
Last two-year variations:
- 2021: 7.77% increase
- 2022: 2.28% increase
Last five-year CAGR:
- 3.49%
Future trends to watch for include the increasing adoption of waterproof footwear technology in various sectors, rising consumer preference for outdoor activities, and potential impacts of economic fluctuations and technological advancements in sustainable manufacturing. Additionally, shifts in consumer behavior and competitive market dynamics will also play crucial roles in shaping the market.
| # | 26 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 1,681,600,000 | 2023 | +2.19% | +2.39% | |
| 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 |
