The Footwear Outer Soles and Heels of Rubber or Plastic market in Germany experienced fluctuations between 2013 and 2023, peaking at $210.71 million in 2014 and dipping to $139.66 million in 2020. By 2023, the market reached $161.11 million, showing a minor year-on-year decline of 1.43%. Over the past five years, the Compound Annual Growth Rate (CAGR) has been -1.59%, indicating a slight downward trend. Recent years show mild recovery post-2020's low point.
Future trends to watch for include:
- Increased demand for sustainable materials may influence market dynamics.
- Technological advancements could drive innovation in sole and heel materials.
- Consumer preference shifts toward custom and personalized footwear.
| # | 16 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 2,567,600,000 | 2023 | +2.14% | +2.49% | View data |
| 2 | 2 Vietnam | 335,440,000 | 2023 | +1.3% | +1.75% | View data |
| 3 | 3 Japan | 166,100,000 | 2023 | -8.09% | -7.86% | View data |
| 4 | 4 Germany | 161,110,000 | 2023 | -1.43% | -1.59% | |
| 5 | 5 France | 100,700,000 | 2023 | -2.86% | -2.68% | View data |
| 6 | 6 Hungary | 41,367,000 | 2023 | -1.93% | -1.63% | View data |
