The forecast for the import of footwear with outer soles and uppers of rubber or plastics to the US indicates a declining trend from 2024 through 2028, starting at 154.63 million kilograms in 2024 and dropping to 127.44 million kilograms by 2028. This trend, representing a steady year-on-year decrease, marks a significant shift from the 2023 import volume. Over the five-year forecasted period, the compound annual growth rate (CAGR) shows a pronounced downward trend.
Future trends to watch for include:
- Potential changes in consumer preferences towards sustainable and eco-friendly materials impacting footwear import volumes.
- Trade policies and tariffs that might affect the cost and volume of imports.
- Technological advancements in domestic manufacturing potentially reducing reliance on imports.