The Canadian market for footwear with outer soles of rubber or plastics and uppers of leather showed a declining trend from 2013 to 2023, with the per capita value decreasing from $58.34 to $41.56. The year-on-year variations largely exhibit a negative trajectory except in 2021, where a slight recovery was noted. Over the last two years, the decline was steady, reinforcing a downward trend. The compound annual growth rate (CAGR) over the last five years was negative, indicating an average annual decrease in market size per capita.
Looking ahead, future trends to watch include:
- Increased demand for sustainable and environmentally friendly materials could influence market dynamics.
- Economic factors, such as inflation or changing consumer preferences, could further impact growth.
- Advancements in technology related to e-commerce and customization may offer new growth opportunities.
How does Canada rank in Footwear with Outer Sole of Rubber or Plastics and Uppers of Leather Market Size Value Per Capita?
| # | 36 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 129.87 | 2023 | View data | ||
| 2 | 2 Austria | 121.48 | 2023 | View data | ||
| 3 | 3 Germany | 119.4 | 2023 | View data | ||
| 4 | 4 France | 118.73 | 2023 | View data | ||
| 5 | 5 Netherlands | 113.94 | 2023 | View data | ||
| 16 | 16 Iceland | 44.36 | 2023 | View data | ||
| 17 | 17 Greece | 43.48 | 2023 | View data | ||
| 18 | 18 Canada | 41.56 | 2023 | |||
| 19 | 19 Japan | 36.79 | 2023 | View data | ||
| 20 | 20 Finland | 26.47 | 2023 | View data | ||
