The global market for footwear outer soles and heels made of rubber or plastic is dominated by China, with a value share of USD 72.76 million, showcasing its stronghold in production. Vietnam follows at a distant second with USD 9.51 million, while Japan, Germany, and France have smaller but significant shares. The growth variation from 2023 indicates an upward trend for China and Vietnam, whereas Japan, Germany, and France exhibit a decline. Emerging markets like the Netherlands and Guatemala show positive growth. The market size in China exemplifies the significant economic shifts in Asia over recent years.
Looking to the future, the global footwear outer soles and heels market is expected to be influenced by sustainability trends, regulatory changes, and technological advances, particularly smart footwear innovations. Increased demand for eco-friendly products and shifts in manufacturing bases could affect country-specific market sizes. Focus on lightweight and durable materials may drive new developments.
Top countries in Footwear Outer Soles and Heels of Rubber or Plastic Market Size Value Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 72.76 | 2023 | +2.14% | +2.49% | View data |
| 2 | 2 Vietnam | 9.51 | 2023 | +1.3% | +1.75% | View data |
| 3 | 3 Japan | 4.71 | 2023 | -8.09% | -7.86% | View data |
| 4 | 4 Germany | 4.57 | 2023 | -1.43% | -1.59% | View data |
| 5 | 5 France | 2.85 | 2023 | -2.86% | -2.68% | View data |
| 6 | 6 Hungary | 1.17 | 2023 | -1.93% | -1.63% | View data |
| 7 | 7 Morocco | 1.11 | 2023 | -0.94% | -2.53% | View data |
| 8 | 8 Netherlands | 0.87 | 2023 | +2.45% | +3.84% | View data |
| 9 | 9 El Salvador | 0.52 | 2023 | -0.54% | +0.025% | View data |
| 10 | 10 Canada | 0.49 | 2023 | -3.56% | -3.53% | View data |
