The market for boots covering the ankle with soles and uppers of rubber or plastics in Austria showed a varied trend over the last decade. It experienced steady growth from 2013 to 2019, with an average increase of over 3% annually. However, in 2020, the market encountered a significant decline with a 16.05% drop, rebounding sharply in 2021 with a 16.33% rise. This recovery continued into 2022 and 2023, with moderate growth of 6.92% and 1.52%, respectively. The market in 2023 stood at a value of 224.6 million USD.
Over the last five years, the compound annual growth rate (CAGR) was 1.78%, indicating a modest upward trend.
Future trends to watch for:
- Further exploration of sustainable materials as consumer demand for eco-friendly options rises could drive innovation and market growth.
- The impact of digital retail channels on distribution and consumer behavior could enhance market reach and efficiency.
- Potential economic or geopolitical factors may influence currency strength and subsequently, international trade and market dynamics in Austria.
| # | 22 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,184,900,000 | 2023 | -0.015% | -0.21% | View data |
| 2 | 2 United Kingdom | 859,000,000 | 2023 | -0.12% | +0.85% | View data |
| 3 | 3 Spain | 712,810,000 | 2023 | -1.64% | +2.55% | View data |
| 4 | 4 Canada | 468,890,000 | 2023 | +0.8% | +1.48% | View data |
| 5 | 5 Netherlands | 265,740,000 | 2023 | -1.63% | -0.83% | View data |
| 6 | 6 Austria | 224,600,000 | 2023 | +1.52% | +1.78% | |
| 7 | 7 Switzerland | 189,430,000 | 2023 | +1.81% | +1.43% | View data |
| 8 | 8 South Africa | 159,150,000 | 2023 | +2.51% | +2.54% | View data |
