The average expenditure per household on women's and girls' athletic footwear in Canada is projected to rise steadily from 2024 to 2028, starting at CAD 130 in 2024 and anticipated to reach CAD 134.7 by 2028. This reflects a moderate year-on-year increase, with growth rates ranging from approximately 0.93% to 1.07% annually during this period.
Future trends to watch for include:
- Increased consumer preference for sustainable and eco-friendly footwear might influence spending patterns.
- Technological advances in footwear that enhance comfort and performance could drive higher expenditure.
- Potential economic factors and inflation rates might impact these expenditure projections.