The market size for footwear with outer soles of rubber or plastics and uppers of leather in Germany reached 9.7427 billion USD in 2023. From 2013 to 2023, the market showed fluctuations with notable growth periods in 2017 and 2018, where year-on-year growth was over 10%. Despite a decline in 2020, the market recovered and showed minimal growth in the years leading to 2023, culminating in a slight year-on-year growth of 0.57% in 2023. Over the last five years, the average annual growth rate (CAGR) was 0.33%, indicating a period of relative stability with marginal growth.
Future trends to watch include:
- Technological innovations in footwear materials and manufacturing processes.
- Increased consumer preferences for sustainability and eco-friendly products.
- Potential market disruptions due to changing trade regulations and global supply chain dynamics.
How does Germany rank in Footwear with Outer Sole of Rubber or Plastics and Uppers of Leather Market Size Value?
| # | 36 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 21,467,000,000 | 2023 | +3.71% | +2.39% | View data |
| 2 | 2 Germany | 9,742,700,000 | 2023 | +0.57% | +0.33% | |
| 3 | 3 France | 8,048,300,000 | 2023 | +0.61% | +1.05% | View data |
| 4 | 4 Italy | 7,793,000,000 | 2023 | -1.26% | -1.25% | View data |
| 5 | 5 United Kingdom | 5,601,600,000 | 2023 | -1.85% | -1.11% | View data |
