The global market for footwear with outer soles of rubber or plastics and uppers of leather shows significant variation across countries. In 2023, China dominated the market with its highest share, followed by Germany and France. While China and India showed robust growth with year-on-year increases of 2.39% and 2.36% respectively, traditional markets like Italy and the United Kingdom experienced slight declines. Despite these differences, nations such as Hungary and Jordan reported the most significant growth rates in their markets.
In the future, key trends to observe include a likely continued growth in emerging markets as disposable income and fashion consciousness rises. Sustainability and innovation will play crucial roles, with consumers leaning towards environmentally-friendly products, potentially influencing market shares globally. Additionally, countries in Asia may continue to register robust growth, driven by increasing demand and production capabilities.
Top countries in Footwear with Outer Sole of Rubber or Plastics and Uppers of Leather Market Size Value Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 28.1 | 2023 | +3.71% | +2.39% | View data |
| 2 | 2 Germany | 12.75 | 2023 | +0.57% | +0.33% | View data |
| 3 | 3 France | 10.53 | 2023 | +0.61% | +1.05% | View data |
| 4 | 4 Italy | 10.2 | 2023 | -1.26% | -1.25% | View data |
| 5 | 5 United Kingdom | 7.33 | 2023 | -1.85% | -1.11% | View data |
| 6 | 6 Japan | 6.06 | 2023 | +0.3% | +0.51% | View data |
| 7 | 7 Spain | 4.01 | 2023 | -0.57% | -0.046% | View data |
| 8 | 8 Australia | 3.03 | 2023 | +0.79% | +1.3% | View data |
| 9 | 9 Netherlands | 2.75 | 2023 | +1.68% | +1.29% | View data |
| 10 | 10 Canada | 2.11 | 2023 | -1.29% | -1.57% | View data |
