From 2013 to 2023, the Japanese market for footwear with rubber or plastic soles and leather uppers showed fluctuating growth, reaching $4.63 billion in 2023. Recent years, particularly 2021 to 2023, indicated a stabilization with modest growth, a 0.51% CAGR over five years. The 2020 decline is notable, likely pandemic-induced, with recovery evident in the substantial 2021 increase. Ongoing stability is manifest in the slight upwards trend in 2023.
Future trends to watch for include:
- Potential shifts toward eco-friendly materials affecting leather and plastic usage.
- Technology developments in wearable tech integration.
- Changing consumer demographics influencing unique regional demands.
How does Japan rank in Footwear with Outer Sole of Rubber or Plastics and Uppers of Leather Market Size Value?
| # | 36 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 21,467,000,000 | 2023 | +3.71% | +2.39% | View data |
| 2 | 2 Germany | 9,742,700,000 | 2023 | +0.57% | +0.33% | View data |
| 3 | 3 France | 8,048,300,000 | 2023 | +0.61% | +1.05% | View data |
| 4 | 4 Italy | 7,793,000,000 | 2023 | -1.26% | -1.25% | View data |
| 5 | 5 United Kingdom | 5,601,600,000 | 2023 | -1.85% | -1.11% | View data |
| 6 | 6 Japan | 4,633,800,000 | 2023 | +0.3% | +0.51% | |
| 7 | 7 Spain | 3,067,100,000 | 2023 | -0.57% | -0.046% | View data |
| 8 | 8 Australia | 2,315,100,000 | 2023 | +0.79% | +1.3% | View data |
