The market for boots covering the ankle with soles and uppers of rubber or plastics in Norway showed a declining trend from 2013 to 2023. In 2023, the value per capita stood at $9.59, indicating a continued decrease. Over the last two years, the market saw a year-on-year decline, with 2022 showing a 4.03% drop and 2023 declining by 4.1%. The compound annual growth rate (CAGR) over the last five years was approximately -1.9%, highlighting a sustained negative growth trajectory.
Looking ahead, the market is expected to face challenges such as increased competition from alternative materials and changing consumer preferences towards more environmentally friendly products. However, opportunities may arise from innovations in sustainable materials or designs that could revitalize consumer interest and market growth.
| # | 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 | ||
| 9 | 9 Slovenia | 12 | 2023 | View data | ||
| 10 | 10 Sweden | 11.26 | 2023 | View data | ||
| 11 | 11 Norway | 9.59 | 2023 | |||
| 12 | 12 Latvia | 9.03 | 2023 | View data | ||
| 13 | 13 Denmark | 8.55 | 2023 | View data | ||
