The Canadian Footwear with Uppers of Leather market demonstrated a decreasing trend from 2013, with its value per capita dropping from $123.99 in 2013 to $100.55 in 2023. In recent years, the market has shown slight fluctuations, with a minimal year-on-year decrease of 0.84% from 2022 to 2023. Over the past five years, the market experienced a compound annual growth rate (CAGR) of approximately -0.38%, indicating a gradual decline in consumer spending or market size for this category of footwear.
Future trends to watch for include increasing consumer preference for sustainable and ethically produced footwear, which may influence leather alternatives. Moreover, economic factors and fashion trends will continue to impact the demand dynamics in this sector.
How does Canada rank in Footwear with Uppers of Leather Market Size Value Per Capita?
| # | 40 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 262.54 | 2023 | View data | ||
| 2 | 2 Netherlands | 248.1 | 2023 | View data | ||
| 3 | 3 France | 231.93 | 2023 | View data | ||
| 4 | 4 Denmark | 220.88 | 2023 | View data | ||
| 5 | 5 Germany | 200.69 | 2023 | View data | ||
| 12 | 12 Estonia | 106.68 | 2023 | View data | ||
| 13 | 13 Lithuania | 103.21 | 2023 | View data | ||
| 14 | 14 Canada | 100.55 | 2023 | |||
| 15 | 15 Belgium | 97.92 | 2023 | View data | ||
| 16 | 16 Slovenia | 90.61 | 2023 | View data | ||
