In 2023, the footwear market with uppers of textile materials in New Zealand was valued at 320.99 million USD. Over the past decade, this market has shown fluctuating performance, with notable growth in 2015 and a decline in 2020 due to external factors. More recently, the market grew by 13.08% in 2021, followed by moderate increases in 2022 and 2023, indicative of a recovery trend. The average compound annual growth rate over the last five years stands at 1.08%, reflecting steady improvement.
Future trends to watch include:
- Increasing consumer demand for sustainable and eco-friendly materials.
- Growing popularity of athleisure, driving demand for textile-based footwear.
- Technological advancements in textile manufacturing enhancing product quality and variety.
How does New Zealand rank in Footwear with Uppers of Textile Materials Market Size Value?
| # | 28 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 14,592,000,000 | 2023 | +5.75% | +4.59% | View data |
| 2 | 2 Japan | 12,547,000,000 | 2023 | +2.2% | +1.82% | View data |
| 3 | 3 France | 12,147,000,000 | 2023 | +5.25% | +3.87% | View data |
| 4 | 4 United Kingdom | 10,019,000,000 | 2023 | +2.96% | +3.27% | View data |
| 5 | 5 Italy | 8,404,300,000 | 2023 | +4.26% | +1.2% | View data |
| 19 | 19 Ireland | 437,130,000 | 2023 | +3.71% | +4.93% | View data |
| 20 | 20 Slovakia | 407,250,000 | 2023 | +6.25% | +4.8% | View data |
| 21 | 21 New Zealand | 320,990,000 | 2023 | +2.01% | +1.08% | |
| 22 | 22 Uruguay | 202,360,000 | 2023 | +1.92% | -0.3% | View data |
| 23 | 23 Slovenia | 156,870,000 | 2023 | +3.09% | +4.61% | View data |
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