The market for footwear with an outer sole of rubber or plastics and uppers of leather in New Zealand showcased fluctuations from 2013 to 2023. As of 2023, the market size value stood at 279.7 million US dollars. Observing the last two years, there was only a slight increase of 0.14% each year. Over the past five years, the compound annual growth rate (CAGR) averaged at -0.61%, indicating a subtle contraction in market size.
Future trends to monitor include:
- The impact of sustainability driving demand for eco-friendly and durable materials.
- Changing consumer preferences towards casual and athleisure footwear styles.
- Potential economic recovery post-pandemic influencing spending habits in premium footwear categories.
How does New Zealand 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 |
| 18 | 18 Norway | 405,120,000 | 2023 | -1.73% | -2.36% | View data |
| 19 | 19 Pakistan | 325,420,000 | 2023 | +1.15% | +1.95% | View data |
| 20 | 20 New Zealand | 279,700,000 | 2023 | +0.14% | -0.61% | |
| 21 | 21 Croatia | 220,400,000 | 2023 | +4.83% | -0.14% | View data |
| 22 | 22 Colombia | 202,830,000 | 2023 | -6.7% | -3.9% | View data |
