From 2012 to 2022, the Footwear with Uppers of Textile Materials market in Austria exhibited a steady growth trajectory, with the market size escalating from 581.41 million USD in 2012 to 1376.5 million USD in 2022. Year-on-year growth rates varied, with notable peaks in 2013 and 2016, where the market saw surges of 31.07% and 19.71%, respectively. The compounded annual growth rate (CAGR) over the last five years was generally positive, indicative of a robust market environment.
Between 2021 and 2022, the market continued its upward trend with a year-on-year growth of 3.56%. Over the past five years, the market saw an average annual growth rate (CAGR) of 6.25%, reflecting sustained expansion. By 2023, the market size stood at 1400 million USD, further cementing its growth trajectory.
Future trends to watch for include increasing consumer demand for sustainable and eco-friendly materials, innovations in textile technology, and the growing popularity of customizable footwear options. These factors are expected to drive further growth and shape the market landscape in the coming years.
How does Austria rank in Footwear with Uppers of Textile Materials Market Size Value?
| # | 28 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 14,592,000,000 | 2023 | +5.75% | +4.59% | View data |
| 2 | 2 Japan | 12,547,000,000 | 2023 | +2.2% | +1.82% | View data |
| 3 | 3 France | 12,147,000,000 | 2023 | +5.25% | +3.87% | View data |
| 4 | 4 United Kingdom | 10,019,000,000 | 2023 | +2.96% | +3.27% | View data |
| 5 | 5 Italy | 8,404,300,000 | 2023 | +4.26% | +1.2% | View data |
| 11 | 11 Switzerland | 1,931,000,000 | 2023 | +6.58% | +6.33% | View data |
| 12 | 12 Sweden | 1,645,100,000 | 2023 | +5.43% | +4.74% | View data |
| 13 | 13 Austria | 1,457,100,000 | 2023 | +5.05% | +4.41% | |
| 14 | 14 South Africa | 1,323,100,000 | 2023 | +0.43% | -0.58% | View data |
| 15 | 15 Portugal | 902,010,000 | 2023 | +2.93% | +1.35% | View data |
