The Footwear Parts Market in New Zealand saw varied growth from 2013 to 2023. In 2023, the market size stood at 20.773 million USD. Growth was inconsistent, with fluctuations over the decade. The market contracted in 2014 and 2015, but expanded significantly by 17.48% in 2016. It saw minor reductions until hitting a low in 2020. A rebound began in 2021, and the market continued with moderate growth into 2023. The last five years witnessed a CAGR of 0.55%, indicating a relatively stable yet slow growth trajectory.
Future trends to watch for:
- Emergence of sustainable footwear materials impacting market dynamics.
- Growth potential driven by technological innovations in manufacturing.
- Influence of global trade policies on import/export dynamics.
- Consumer preference shifts towards customized footwear solutions.
How does New Zealand rank in Footwear Parts Market Size Value?
| # | 23 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 9,617,700,000 | 2023 | +3.13% | +3.3% | View data |
| 2 | 2 Indonesia | 1,795,400,000 | 2023 | +2.75% | +3.97% | View data |
| 3 | 3 India | 1,021,800,000 | 2023 | +1.56% | +0.85% | View data |
| 4 | 4 Japan | 921,790,000 | 2023 | -6.61% | -6.66% | View data |
| 5 | 5 Spain | 543,930,000 | 2023 | -0.67% | -1.43% | View data |
| 20 | 20 Malaysia | 37,746,000 | 2023 | +1.47% | +2.12% | View data |
| 21 | 21 Denmark | 25,108,000 | 2023 | -2.47% | -2.22% | View data |
| 22 | 22 New Zealand | 20,773,000 | 2023 | +0.88% | +0.55% | |
| 23 | 23 Costa Rica | 5,313,800 | 2023 | -1.46% | -1.54% | View data |
