In 2023, the per capita market size value for waterproof footwear covering the ankle but not the knee in China was at $1.02. Forecasts show a gradual increase, reaching $1.15 by 2028. Key year-on-year growth rates are as follows: 2024 (2.94%), 2025 (1.90%), 2026 (2.80%), 2027 (1.82%), and 2028 (2.68%), with a 5-year CAGR of 2.43%. This indicates consistent interest and consumption in this category over time.
Future trend observations:
- Growing outdoor and fitness trends may drive demand for waterproof footwear.
- Increasing urbanization and changing weather patterns could further boost market growth.
- Advancements in materials and fashion may attract new consumers.