The Swiss market for footwear with outer soles and uppers of rubber or plastics has shown consistent growth over the past decade, reaching a value of 65.01 USD per capita in 2023. From 2013 to 2023, the market increased significantly, with a notable increase from 40.9 USD per capita in 2014 to 65.01 USD in 2023. Between 2022 and 2023, the market showed a year-on-year growth rate of 3.46%. The compound annual growth rate (CAGR) over the last five years (2018-2023) stood at approximately 4.3%, showcasing sustained demand in the sector.
Future trends to watch include potential increases in demand due to shifts towards eco-friendly and innovative materials, digital customization, and enhanced direct-to-consumer strategies. Monitoring sustainable practices within the industry could also be a critical trend for market evolution.
