The market size value per capita for footwear with outer soles and uppers of rubber or plastics in Finland stood at $13.95 in 2023. This represents a decline from previous years, with a year-on-year decrease of approximately 5.5% from 2022 and a drop of around 10.3% from 2021. Over the last five years (2019-2023), the compound annual growth rate (CAGR) has been approximately -5.0%, indicating a consistent downward trend. Since 2013, the market has seen a steady decline, reflecting changing consumer preferences and possibly increased competition from alternative materials.
Looking ahead, trends to watch for include shifts in consumer behavior towards sustainable materials and the impact of economic conditions on consumer spending. Additionally, innovations in footwear technology and design could influence market dynamics, potentially stabilizing or reversing the current trend.
| # | 39 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 65.01 | 2023 | View data | ||
| 2 | 2 France | 63.29 | 2023 | View data | ||
| 3 | 3 Netherlands | 60.75 | 2023 | View data | ||
| 4 | 4 Austria | 59.63 | 2023 | View data | ||
| 5 | 5 Germany | 57.95 | 2023 | View data | ||
| 27 | 27 Mauritius | 15.44 | 2023 | View data | ||
| 28 | 28 Peru | 15.05 | 2023 | View data | ||
| 29 | 29 Finland | 13.95 | 2023 | |||
| 30 | 30 Ecuador | 12.08 | 2023 | View data | ||
| 31 | 31 Guatemala | 9.6 | 2023 | View data | ||
