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 |