The German market for footwear with outer soles and uppers of rubber or plastics has shown a steady increase from 2013 to 2023, starting from $3.55 billion to reaching $4.87 billion in 2023. Despite facing a downturn in 2020, the market rebounded with positive growth rates in subsequent years. The year-on-year growth rate was positive in most years, with notable surges in 2014 and 2021. However, the compound annual growth rate (CAGR) over the last five years averaged at 1.5%, indicating moderate long-term expansion.
Future trends to watch for include:
- A potential increase in emphasis on sustainable practices and eco-friendly materials, which could impact market dynamics.
- Technological innovations in materials and design aimed at enhancing comfort and durability, likely driving consumer interest.
- Shifts in consumer behavior towards online shopping and bespoke services could influence distribution channels.
| # | 39 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 5,181,600,000 | 2023 | -3.68% | -2.85% | View data |
| 2 | 2 Germany | 4,872,500,000 | 2023 | +2.21% | +1.5% | |
| 3 | 3 France | 4,282,900,000 | 2023 | +1.36% | +1.03% | View data |
| 4 | 4 United Kingdom | 3,283,400,000 | 2023 | -0.29% | +0.39% | View data |
| 5 | 5 Italy | 3,094,400,000 | 2023 | +1.71% | +1.71% | View data |
