The market size value for Footwear with Uppers of Leather in Belgium experienced fluctuations from 2012 to 2022. Starting from $1.6776 billion in 2012, the market witnessed varying annual changes, with notable declines from 2015 to 2018. The market slightly recovered in the following years, yet the value dropped significantly in 2020 due to the global pandemic. Despite a rise in 2021, the value receded again in 2022, contributing to an overall downward trend over the last five years with a CAGR of -2.54%. As of 2023, the market size value still reflects the preceding years' trends.
Key future trends to watch for include the market's adaptation to changing consumer preferences towards sustainability and eco-friendly materials, the impact of technological advancements in production, and shifts in global trade policies that could further influence the market dynamics in the coming years.
| # | 40 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 36,953,000,000 | 2023 | +6.57% | +4.42% | View data |
| 2 | 2 Germany | 16,242,000,000 | 2023 | +0.99% | -0.53% | View data |
| 3 | 3 France | 15,727,000,000 | 2023 | +0.27% | +0.32% | View data |
| 4 | 4 United Kingdom | 11,384,000,000 | 2023 | -1.22% | -1.02% | View data |
| 5 | 5 Spain | 5,620,100,000 | 2023 | -0.023% | +0.9% | View data |
| 11 | 11 Sweden | 1,454,600,000 | 2023 | +0.11% | +0.51% | View data |
| 12 | 12 Denmark | 1,307,700,000 | 2023 | -1.99% | -2.67% | View data |
| 13 | 13 Belgium | 1,143,000,000 | 2023 | -2.44% | -2.29% | |
| 14 | 14 Norway | 909,290,000 | 2023 | -1.19% | -1.7% | View data |
| 15 | 15 South Africa | 844,110,000 | 2023 | -0.084% | +0.047% | View data |
