The market for Footwear Outer Soles and Heels of Rubber or Plastic in Sweden has experienced significant fluctuations, peaking at $10.165 million in 2013 and declining to $5.2368 million by 2023. The most prominent decrease occurred in 2014 with a 25.21% drop, while 2021 saw a notable rebound with a 9.44% growth. However, 2023 recorded a decline of 4.61% year-on-year. Over the last five years, the Compound Annual Growth Rate (CAGR) averaged -5.01%, indicating a shrinking market in this period.
Future trends to watch for:
- Sustainability trends pushing demand for eco-friendly materials.
- Potential recovery in post-pandemic consumer behavior.
- Technological advancements driving ease of recycling and reusability.
- Increased competition from alternative sole materials due to evolving fashion trends.
| # | 16 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 2,567,600,000 | 2023 | +2.14% | +2.49% | View data |
| 2 | 2 Vietnam | 335,440,000 | 2023 | +1.3% | +1.75% | View data |
| 3 | 3 Japan | 166,100,000 | 2023 | -8.09% | -7.86% | View data |
| 4 | 4 Germany | 161,110,000 | 2023 | -1.43% | -1.59% | View data |
| 5 | 5 France | 100,700,000 | 2023 | -2.86% | -2.68% | View data |
| 13 | 13 Poland | 9,177,400 | 2023 | -10.59% | -9.1% | View data |
| 14 | 14 Moldova | 8,425,800 | 2023 | -1.02% | -1.81% | View data |
| 15 | 15 Sweden | 5,236,800 | 2023 | -4.61% | -5.01% | |
| 16 | 16 Costa Rica | 3,300,600 | 2023 | -2.81% | -2.86% | View data |
