The market size for footwear outer soles and heels of rubber or plastic in Canada stood at approximately $17.188 million USD in 2023. Over the past decade, there has been a noticeable downward trend, with a notable year-on-year decline, although slight recovery attempts were seen in 2019. The recent five-year CAGR reflects a consistent average annual decline of around 3.53%.
Looking forward, key trends to watch include potential innovations in sustainable materials, shifts in consumer preferences towards eco-friendly products, and the impact of global trade policies affecting import and export tariffs, which may influence market recovery and growth.
| # | 16 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 2,567,600,000 | 2023 | +2.14% | +2.49% | View data |
| 2 | 2 Vietnam | 335,440,000 | 2023 | +1.3% | +1.75% | View data |
| 3 | 3 Japan | 166,100,000 | 2023 | -8.09% | -7.86% | View data |
| 4 | 4 Germany | 161,110,000 | 2023 | -1.43% | -1.59% | View data |
| 5 | 5 France | 100,700,000 | 2023 | -2.86% | -2.68% | View data |
| 8 | 8 Netherlands | 30,676,000 | 2023 | +2.45% | +3.84% | View data |
| 9 | 9 El Salvador | 18,416,000 | 2023 | -0.54% | +0.025% | View data |
| 10 | 10 Canada | 17,188,000 | 2023 | -3.56% | -3.53% | |
| 11 | 11 Guatemala | 14,781,000 | 2023 | +1.41% | +1.81% | View data |
| 12 | 12 Greece | 10,227,000 | 2023 | -1.96% | -2.63% | View data |
