In Belgium, the market for footwear with outer soles and uppers made of rubber or plastics reached a value of 343.46 million USD in 2023. The year-on-year growth for 2023 was 1.41%, indicating a minor increase following a more substantial 11.63% growth observed in 2021. The compound annual growth rate (CAGR) over the last five years stood at -0.16%, suggesting an overall slight decline in the period from 2019 to 2023.
Future trends to watch for in this market include:
- Potential shifts towards sustainable materials as consumer preferences evolve.
- Impacts of economic conditions on consumer spending in discretionary categories like footwear.
- Technological advancements in manufacturing that could affect production costs and product offerings.
| # | 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 |
| 19 | 19 Romania | 369,930,000 | 2023 | +4.8% | +2.76% | View data |
| 20 | 20 Colombia | 354,840,000 | 2023 | -2.2% | -4.69% | View data |
| 21 | 21 Belgium | 343,460,000 | 2023 | +1.41% | -0.16% | |
| 22 | 22 Ecuador | 211,070,000 | 2023 | +2.03% | +1.8% | View data |
| 23 | 23 Denmark | 197,920,000 | 2023 | +1.12% | +2.03% | View data |
