The market for boots covering the ankle with soles and uppers of rubber or plastics in Canada saw oscillations from 2013 to 2023, beginning with a peak value in 2013. Between 2016 and 2020, a recessionary period emerged with 2020 hitting a low. Recovery followed, peaking again in 2022 at $465.18 million. The consistent growth until 2023 shows a modest increase to $468.89 million. The past two years witnessed a consecutive rise with 2022 experiencing a 6.13% increase and 0.8% in 2023. Looking at the last five years, the average annual compound growth rate stood at 1.48%.
Future trends to watch:
- Potential impacts of sustainable and eco-friendly materials on the market.
- Shifts in consumer preferences towards multifunctional and fashionable boot options.
- Technological advancements in manufacturing processes enhancing durability and comfort.
| # | 22 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,184,900,000 | 2023 | -0.015% | -0.21% | View data |
| 2 | 2 United Kingdom | 859,000,000 | 2023 | -0.12% | +0.85% | View data |
| 3 | 3 Spain | 712,810,000 | 2023 | -1.64% | +2.55% | View data |
| 4 | 4 Canada | 468,890,000 | 2023 | +0.8% | +1.48% | |
| 5 | 5 Netherlands | 265,740,000 | 2023 | -1.63% | -0.83% | View data |
| 6 | 6 Austria | 224,600,000 | 2023 | +1.52% | +1.78% | View data |
