The market size value per capita for boots covering the ankle with soles and uppers of rubber or plastics in Latvia has shown a generally upward trend from 2013 to 2023, increasing from $4.67 to $9.03 USD per capita. In 2022, the market size was $8.77 USD per capita, and it climbed to $9.03 USD per capita in 2023, a year-on-year increase of approximately 3%. Over the past five years (2018-2023), the compound annual growth rate (CAGR) was near 4.1%, indicating consistent interest and growth in this segment.
Future trends to watch for include:
- The potential impact of increasing environmental awareness on the materials used.
- Shifts in consumer preferences towards sustainable and durable footwear.
- Market responses to potential economic changes in the region.
| # | 22 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 25.05 | 2023 | View data | ||
| 2 | 2 Switzerland | 21.75 | 2023 | View data | ||
| 3 | 3 France | 17.48 | 2023 | View data | ||
| 4 | 4 Spain | 15.89 | 2023 | View data | ||
| 5 | 5 Netherlands | 15.13 | 2023 | View data | ||
| 10 | 10 Sweden | 11.26 | 2023 | View data | ||
| 11 | 11 Norway | 9.59 | 2023 | View data | ||
| 12 | 12 Latvia | 9.03 | 2023 | |||
| 13 | 13 Denmark | 8.55 | 2023 | View data | ||
| 14 | 14 Belgium | 7.96 | 2023 | View data | ||
