Waterproof Footwear Covering the Ankle But Not Covering the Knee Market Size Value in Portugal

The Waterproof Footwear Covering the Ankle But Not Covering the Knee market in Portugal has experienced a consistent decline in market size value from 2013 to 2023, with a market value standing at 10.952 million US dollars in 2023. Over the past decade, there has been a significant downtrend, most notably between 2016 and 2023, with the year-on-year decrease peaking at -17.24% in 2017. In the last two years, the market continued its downward trajectory with a contraction of -8.49% in 2022 and -9.09% in 2023. The Compound Annual Growth Rate (CAGR) for the last five years shows an average decline of -7.59%.

**Future trends to watch for:**

  • Continued innovation in materials and technology could stabilize or rejuvenate market demand.
  • Increasing environmental concerns may drive demand for sustainable and recyclable waterproof footwear solutions.
  • Fashion trends and shifting consumer preferences could influence future market dynamics.
  • Potential market adaptations focusing on multifunctional use and comfort could open new consumer segments.
  • Macroeconomic factors, such as cost of living and disposable income, will remain crucial in shaping the market's future.

# 14 Countries US Dollars Last Year YoY 5-years CAGR
1 1 China 1,433,100,000 2023 +2.58% +2.7% View data
2 2 Japan 613,990,000 2023 -2.82% -3.04% View data
3 3 Germany 219,240,000 2023 +1.01% +0.38% View data
4 4 France 211,250,000 2023 -0.76% -0.54% View data
5 5 Sweden 73,413,000 2023 +0.099% -0.88% View data
9 9 New Zealand 25,199,000 2023 +1.75% -1.37% View data
10 10 Ecuador 23,622,000 2023 +1.33% +2.76% View data
11 11 Portugal 10,952,000 2023 -9.09% -7.59%
12 12 Ireland 9,394,900 2023 +0.36% -0.046% View data
13 13 Bulgaria 3,249,400 2023 +1.83% +2.28% View data

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