The waterproof footwear market in Colombia has experienced significant fluctuations over the years. From 2013 to 2023, the market saw a peak in 2014, followed by a sharp decline in subsequent years, with recovery starting around 2018-2020. However, the last five years were characterized by further declines, with 2023 marking a 3.89% decrease year-on-year and a nearly stagnant average CAGR of 0.014%. As of 2023, the market stood at approximately 55.558 million USD.
Future trends to watch for include:
- Increased demand for sustainable and eco-friendly waterproof footwear as consumer awareness grows.
- Potential recovery driven by innovations in product design and technology.
- Focus on targeting niche markets, such as outdoor activities and sports.
- Geopolitical and economic factors that could influence trade policies and import costs.
| # | 26 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 1,681,600,000 | 2023 | +2.19% | +2.39% | View data |
| 2 | 2 Japan | 549,790,000 | 2023 | -4.25% | -8.13% | View data |
| 3 | 3 Italy | 357,300,000 | 2023 | -1.09% | -1.71% | View data |
| 4 | 4 United Kingdom | 319,150,000 | 2023 | -2.01% | -1.03% | View data |
| 5 | 5 France | 314,910,000 | 2023 | -0.85% | -0.39% | View data |
| 11 | 11 Belgium | 56,998,000 | 2023 | +2.12% | +2.6% | View data |
| 12 | 12 Austria | 56,819,000 | 2023 | +0.46% | -0.62% | View data |
| 13 | 13 Colombia | 55,558,000 | 2023 | -3.89% | +0.014% | |
| 14 | 14 Switzerland | 44,712,000 | 2023 | +1.58% | +1.47% | View data |
| 15 | 15 Kenya | 43,213,000 | 2023 | +0.59% | +0.82% | View data |
