The market size value per capita for footwear with outer soles and uppers of rubber or plastics in South Korea has demonstrated growth from 2013 to 2023. The value increased from $23.41 in 2013 to $45.89 in 2023. A notable decrease occurred between 2019 and 2020, but the recovery in subsequent years highlights resilience. The year-on-year growth from 2022 to 2023 was approximately 3.64%. The compound annual growth rate (CAGR) from 2018 to 2023 was around 3.86%.
Future trends to watch for include:
- Innovation in sustainable materials affecting consumer preferences.
- Potential impact of economic conditions on discretionary spending.
- Increasing interest in sports and casual footwear.
| # | 39 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 65.01 | 2023 | View data | ||
| 2 | 2 France | 63.29 | 2023 | View data | ||
| 3 | 3 Netherlands | 60.75 | 2023 | View data | ||
| 4 | 4 Austria | 59.63 | 2023 | View data | ||
| 5 | 5 Germany | 57.95 | 2023 | View data | ||
| 8 | 8 Australia | 48.78 | 2023 | View data | ||
| 9 | 9 United Kingdom | 48.35 | 2023 | View data | ||
| 10 | 10 South Korea | 45.89 | 2023 | |||
| 11 | 11 Chile | 45.67 | 2023 | View data | ||
| 12 | 12 Japan | 41.27 | 2023 | View data | ||
