The market for footwear with outer soles of rubber or plastics and uppers of leather in South Africa has seen fluctuations from 2013 to 2023, with the value per capita decreasing from $10.04 in 2013 to $7.85 in 2023. A minor recovery was noticed post-2020 with a 5.29% increase in 2021, although it slightly decreased by 1.49% in 2022 and by 1.38% in 2023. The compound annual growth rate (CAGR) over the past five years has been a negative 0.38%, indicating a gradual decline.
Future trends to watch for include potential recovery drivers such as improved economic conditions and increased consumer spending. Monitoring shifts in consumer preferences towards sustainable materials and eco-friendly products may also present opportunities for growth in this segment.
| # | 36 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 129.87 | 2023 | View data | ||
| 2 | 2 Austria | 121.48 | 2023 | View data | ||
| 3 | 3 Germany | 119.4 | 2023 | View data | ||
| 4 | 4 France | 118.73 | 2023 | View data | ||
| 5 | 5 Netherlands | 113.94 | 2023 | View data | ||
| 23 | 23 China | 14.23 | 2023 | View data | ||
| 24 | 24 Costa Rica | 9.56 | 2023 | View data | ||
| 25 | 25 South Africa | 7.85 | 2023 | |||
| 26 | 26 Armenia | 5.97 | 2023 | View data | ||
| 27 | 27 El Salvador | 5.35 | 2023 | View data | ||
