The market for boots covering the ankle with soles and uppers of rubber or plastics in Sweden showed a downward trend from 2013 to 2023, decreasing from $16.81 to $11.26 per capita. The most significant year-on-year decline occurred between 2015 and 2020, with a distinct decrease between 2020 and 2023. In the past two years (2022 vs. 2023), the market contracted further. The compound annual growth rate (CAGR) over the last five years was negative, indicating a steady decline in market value per capita.
Future trends to watch for include:
- Potential market stabilization or reversal influenced by shifts in consumer preferences towards eco-friendly materials or sustainable manufacturing practices.
- Possible economic impacts on consumer purchasing power could alter market dynamics.
- Technological advancements in material manufacturing that may lead to innovations and revamped consumer interest.
| # | 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 | ||
| 8 | 8 Canada | 12.23 | 2023 | View data | ||
| 9 | 9 Slovenia | 12 | 2023 | View data | ||
| 10 | 10 Sweden | 11.26 | 2023 | |||
| 11 | 11 Norway | 9.59 | 2023 | View data | ||
| 12 | 12 Latvia | 9.03 | 2023 | View data | ||
