The Finnish market for footwear with outer soles of rubber or plastics and uppers of leather has seen a steady decline from 2013 to 2023, decreasing from $272.72 million to $147.9 million. The market experienced year-on-year fluctuations, with a significant drop in 2015 and 2020, followed by a mild recovery in 2021. However, recent years continue to reflect a declining trend with a CAGR of -5.01% over the last five years.
Future trends to watch for:
- Increasing consumer interest in eco-friendly and sustainable footwear options.
- Technological advancements in production methods and materials.
- Potential recovery in market size post-2023, driven by innovations and increased global demand.
How does Finland rank in Footwear with Outer Sole of Rubber or Plastics and Uppers of Leather Market Size Value?
| # | 36 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 21,467,000,000 | 2023 | +3.71% | +2.39% | View data |
| 2 | 2 Germany | 9,742,700,000 | 2023 | +0.57% | +0.33% | View data |
| 3 | 3 France | 8,048,300,000 | 2023 | +0.61% | +1.05% | View data |
| 4 | 4 Italy | 7,793,000,000 | 2023 | -1.26% | -1.25% | View data |
| 5 | 5 United Kingdom | 5,601,600,000 | 2023 | -1.85% | -1.11% | View data |
| 23 | 23 Hungary | 197,820,000 | 2023 | +3.63% | +3.5% | View data |
| 24 | 24 Ukraine | 154,240,000 | 2023 | -3.87% | +0.36% | View data |
| 25 | 25 Finland | 147,900,000 | 2023 | -3.7% | -5.01% | |
| 26 | 26 Uruguay | 81,140,000 | 2023 | +0.24% | +0.2% | View data |
| 27 | 27 Guatemala | 78,442,000 | 2023 | +1.29% | +0.77% | View data |
