The market size value per capita for footwear with uppers of leather in Norway saw a marked decline from 2013 to 2023, dropping from $244.98 to $165.17. This reflects a general downward trend over the decade, with temporary rebounds in certain years, such as 2021. The year-on-year analysis highlights fluctuations, with a 2.0% decline in 2023 following a 1.9% drop from 2021 to 2022. The compound annual growth rate (CAGR) over the past five years is negative, indicating consistent decline, although less steep than earlier years.
Future trends to monitor include shifts in consumer preference towards sustainable materials, impacting leather demand. The market could also be influenced by economic factors affecting disposable income and technological advancements in synthetic alternatives.
How does Norway rank in Footwear with Uppers of Leather Market Size Value Per Capita?
| # | 40 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 262.54 | 2023 | View data | ||
| 2 | 2 Netherlands | 248.1 | 2023 | View data | ||
| 3 | 3 France | 231.93 | 2023 | View data | ||
| 4 | 4 Denmark | 220.88 | 2023 | View data | ||
| 5 | 5 Germany | 200.69 | 2023 | View data | ||
| 6 | 6 United Kingdom | 166.99 | 2023 | View data | ||
| 7 | 7 Norway | 165.17 | 2023 | |||
| 8 | 8 Australia | 156.58 | 2023 | View data | ||
| 9 | 9 Sweden | 140.23 | 2023 | View data | ||
