The market size value per capita for footwear with upper straps or thongs assembled to the sole by means of plugs in Guatemala reached $1.62 in 2023. Between 2019 and 2023, the value slightly declined by an average annual change known as CAGR. Over the past decade, there has been a general upward trend, although the growth rate slowed in recent years. The year-on-year variation revealed a stagnant market from 2021 to 2023, with no significant increase or decrease.
Future trends to watch include potential economic changes in Guatemala that could impact disposable income and consumer spending on footwear. Innovation in materials and design might also drive shifts in consumer preferences, potentially impacting market dynamics and growth rates.
How does Guatemala rank in Footwear with Upper Straps or Thongs Assembled to the Sole by Means of Plugs Market Size Value Per Capita?
| # | 15 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 4.82 | 2023 | View data | ||
| 2 | 2 Spain | 3.58 | 2023 | View data | ||
| 3 | 3 Chile | 2.98 | 2023 | View data | ||
| 4 | 4 United Kingdom | 1.69 | 2023 | View data | ||
| 5 | 5 Guatemala | 1.62 | 2023 | |||
| 6 | 6 Colombia | 1.6 | 2023 | View data | ||
| 7 | 7 South Africa | 1.3 | 2023 | View data | ||
