As of 2023, China's waterproof footwear market led globally, with a size value of $38.53 million, representing a 2.39% growth from the previous year. Japan followed, albeit with an 8.13% decline, at $12.6 million. Suggested positive trends include Belgium's 2.6% increase. Conversely, several European markets, such as Italy, the United Kingdom, and France, experienced declines ranging from 0.39% to 1.71%. Minor markets, including El Salvador and Guatemala, displayed varied performance, with Guatemala ticking up by 1.13% and El Salvador shrinking by 1.59%.
Future trends might involve increasing global demand due to rising outdoor recreational activities and innovations in sustainable and high-performance materials. Markets like China are projected to expand further, leading innovation and supply chain flexibility.
Top countries in Waterproof Footwear Market Size Value Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 38.53 | 2023 | +2.19% | +2.39% | View data |
| 2 | 2 Japan | 12.6 | 2023 | -4.25% | -8.13% | View data |
| 3 | 3 Italy | 8.19 | 2023 | -1.09% | -1.71% | View data |
| 4 | 4 United Kingdom | 7.31 | 2023 | -2.01% | -1.03% | View data |
| 5 | 5 France | 7.22 | 2023 | -0.85% | -0.39% | View data |
| 6 | 6 Germany | 7.18 | 2023 | +1.79% | +0.96% | View data |
| 7 | 7 Canada | 3.48 | 2023 | +1.65% | -0.75% | View data |
| 8 | 8 Spain | 2.46 | 2023 | -1.3% | -1.11% | View data |
| 9 | 9 Sweden | 2.24 | 2023 | +1.9% | +0.17% | View data |
| 10 | 10 Chile | 1.37 | 2023 | +1.7% | +1.32% | View data |