The Swedish market for footwear with outer soles of rubber or plastics and uppers of leather has shown moderate growth with a 2023 market size standing at 736.35 million US dollars. Notable is the health of the market in recent years, with the last two years showing slight positive growth of 1.29% in 2022 and a marginal increase of 1.26% in 2023. Over the last five years, the Compound Annual Growth Rate (CAGR) was a steady 2.24%, signaling a resilient market with gradual but consistent expansion.
Future trends to watch for include:
- Potential shifts in consumer preferences towards more sustainable and environmentally friendly materials.
- Impact of digitization and e-commerce growth on market dynamics and consumer purchasing behavior.
- Continued economic factors affecting consumer spending power and luxury goods purchases within Sweden.
How does Sweden rank in Footwear with Outer Sole of Rubber or Plastics and Uppers of Leather Market Size Value?
| # | 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 |
| 12 | 12 Chile | 889,710,000 | 2023 | +0.87% | +0.63% | View data |
| 13 | 13 India | 856,520,000 | 2023 | +2.63% | +2.36% | View data |
| 14 | 14 Sweden | 736,350,000 | 2023 | +1.26% | +2.24% | |
| 15 | 15 Mexico | 669,630,000 | 2023 | +0.55% | +2.57% | View data |
| 16 | 16 South Africa | 477,740,000 | 2023 | -0.44% | +0.13% | View data |
