The footwear market in Norway, specifically for items with outer soles and uppers of rubber or plastics, has experienced fluctuating trends from 2013 to 2023. As of 2023, the market size stood at 146.71 million US dollars. Over the last two years, the market has seen a slight decline, registering a year-on-year contraction of 1.25% each year. The 5-year compound annual growth rate (CAGR) highlights a gradual decrease of 1.38% on average annually. Despite periodic growth spurts, such as in 2017, the market has generally trended downward over the decade.
Looking forward, factors to watch for include potential shifts in consumer preferences due to environmental concerns, leading to a possible increase in demand for sustainable and eco-friendly footwear options. Additionally, technological advancements in material sciences could drive innovation in product offerings, influencing market growth and consumer behavior.
| # | 39 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 5,181,600,000 | 2023 | -3.68% | -2.85% | View data |
| 2 | 2 Germany | 4,872,500,000 | 2023 | +2.21% | +1.5% | View data |
| 3 | 3 France | 4,282,900,000 | 2023 | +1.36% | +1.03% | View data |
| 4 | 4 United Kingdom | 3,283,400,000 | 2023 | -0.29% | +0.39% | View data |
| 5 | 5 Italy | 3,094,400,000 | 2023 | +1.71% | +1.71% | View data |
| 26 | 26 Croatia | 155,840,000 | 2023 | +2.95% | +1.25% | View data |
| 27 | 27 New Zealand | 151,240,000 | 2023 | -0.67% | +0.12% | View data |
| 28 | 28 Norway | 146,710,000 | 2023 | -1.25% | -1.38% | |
| 29 | 29 Ireland | 135,920,000 | 2023 | -2.85% | +2.47% | View data |
| 30 | 30 Morocco | 119,670,000 | 2023 | +2.21% | +4.03% | View data |
