The Footwear with Outer Soles and Uppers of Rubber or Plastics market in Portugal saw fluctuations between 2013 and 2023. In 2023, the market stood at 380.27 million US dollars. Year-on-year analysis shows a modest growth rate of 0.23% from 2022 to 2023. The five-year compound annual growth rate (CAGR) reflected a slight decline of -1.21%, indicating a general volatility in market value over recent years. Positive recovery trends were observed post-2020, following a significant dip in market performance, but the market has struggled to regain previous peak levels.
Future trends to watch for:
- Increasing consumer preference for sustainable and eco-friendly footwear options.
- Technological advancements in materials offering enhanced comfort and durability.
- Potential impact of economic shifts and consumer spending behavior on market dynamics.
| # | 39 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 5,181,600,000 | 2023 | -3.68% | -2.85% | View data |
| 2 | 2 Germany | 4,872,500,000 | 2023 | +2.21% | +1.5% | View data |
| 3 | 3 France | 4,282,900,000 | 2023 | +1.36% | +1.03% | View data |
| 4 | 4 United Kingdom | 3,283,400,000 | 2023 | -0.29% | +0.39% | View data |
| 5 | 5 Italy | 3,094,400,000 | 2023 | +1.71% | +1.71% | View data |
| 16 | 16 Austria | 535,560,000 | 2023 | +1.45% | +1.58% | View data |
| 17 | 17 Peru | 500,930,000 | 2023 | +0.4% | +1.15% | View data |
| 18 | 18 Portugal | 380,270,000 | 2023 | +0.23% | -1.21% | |
| 19 | 19 Romania | 369,930,000 | 2023 | +4.8% | +2.76% | View data |
| 20 | 20 Colombia | 354,840,000 | 2023 | -2.2% | -4.69% | View data |
