In 2023, the import of footwear with outer soles of rubber, plastics, and uppers of textile materials to Japan stood at approximately $1.55 billion USD. From 2024 onwards, a steady increase is observed, with forecasts showing a rise from $1.6126 billion USD in 2024 to $1.7654 billion USD in 2028. Year-on-year growth from 2024 to 2025 is 2.4%, from 2025 to 2026 is 2.3%, from 2026 to 2027 is 2.2%, and from 2027 to 2028 is 2.1%. The compound annual growth rate (CAGR) over the five years is approximately 2.3%.
For future trends, watch for:
- Potential supply chain disruptions impacting import levels.
- The effect of Japan's economic policies on import tariffs and regulations.
- Consumer preference shifts towards sustainable footwear materials.
