Between 2013 and 2023, the footwear outer soles and heels of rubber or plastic market in China exhibited a dynamic trend, with the per capita value increasing from $1.33 to $1.83. Over the last two years, from 2022 to 2023, the year-on-year growth was approximately 1.67%. The compound annual growth rate (CAGR) over the last five years was about 4.22%, indicating a steady upward trajectory.
Future trends to watch for include:
- Shifts towards sustainability and eco-friendly materials.
- Technological advancements in manufacturing processes.
- Increasing consumer spending power and demand for premium products.
| # | 16 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 4.26 | 2023 | View data | ||
| 2 | 2 Vietnam | 3.44 | 2023 | View data | ||
| 3 | 3 Moldova | 3.22 | 2023 | View data | ||
| 4 | 4 El Salvador | 2.84 | 2023 | View data | ||
| 5 | 5 Germany | 1.92 | 2023 | View data | ||
| 6 | 6 China | 1.83 | 2023 | |||
| 7 | 7 Netherlands | 1.76 | 2023 | View data | ||
| 8 | 8 France | 1.48 | 2023 | View data | ||
