The market size value per capita for waterproof footwear covering the ankle but not covering the knee in Bulgaria increased from $0.28 in 2013 to $0.47 in 2023. Year-on-year, the market experienced moderate growth, with 1-2% increases in recent years. Notable growth spurts occurred between 2013 and 2014 (32%) and 2021 and 2022 (2.22%). The market's Compound Annual Growth Rate (CAGR) over the last five years (2018-2023) stands at approximately 2.83%.
Future trends to watch for include technological advancements in materials improving the functionality and appeal of these products, as well as shifting consumer preferences towards more sustainable and eco-friendly options, which could drive market differentiation and growth.
| # | 14 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 6.98 | 2023 | View data | ||
| 2 | 2 Japan | 4.88 | 2023 | View data | ||
| 3 | 3 Austria | 4.73 | 2023 | View data | ||
| 4 | 4 New Zealand | 4.51 | 2023 | View data | ||
| 5 | 5 France | 3.11 | 2023 | View data | ||
| 11 | 11 China | 1.02 | 2023 | View data | ||
| 12 | 12 Kenya | 0.53 | 2023 | View data | ||
| 13 | 13 Bulgaria | 0.47 | 2023 | |||
| 14 | 14 El Salvador | 0.41 | 2023 | View data | ||