The Footwear Parts Market in Sweden has shown notable variability from 2012 to 2022. The market value peaked in 2014 at $88.796 million but then experienced a decline, hitting the lowest point in 2017 at $65.691 million. Over the following years, from 2018 to 2022, the market tried to stabilize with minor fluctuations, ending at $70.076 million in 2022. This indicates a moderate decline over the decade.
Year-on-year variations display significant fluctuations, e.g., an increase of 8.99% in 2013 and a sharp decline of 13.89% in 2016. The Compound Annual Growth Rate (CAGR) over the last 5 years has managed a positive trend at 1.3%, suggesting a potential recovery trajectory.
Key future trends to watch for include:
- Technological advancements and innovations in footwear parts manufacturing
- Growing consumer preference for sustainable and eco-friendly materials
- Impacts of global supply chain disruptions on the market
- Increased demand for custom and niche footwear solutions
| # | 23 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 9,617,700,000 | 2023 | +3.13% | +3.3% | View data |
| 2 | 2 Indonesia | 1,795,400,000 | 2023 | +2.75% | +3.97% | View data |
| 3 | 3 India | 1,021,800,000 | 2023 | +1.56% | +0.85% | View data |
| 4 | 4 Japan | 921,790,000 | 2023 | -6.61% | -6.66% | View data |
| 5 | 5 Spain | 543,930,000 | 2023 | -0.67% | -1.43% | View data |
| 13 | 13 Thailand | 146,670,000 | 2023 | -0.25% | -1.92% | View data |
| 14 | 14 Switzerland | 81,882,000 | 2023 | -1.24% | -2.15% | View data |
| 15 | 15 Sweden | 69,287,000 | 2023 | -1.13% | -0.25% | |
| 16 | 16 South Africa | 56,022,000 | 2023 | +0.42% | -3.02% | View data |
| 17 | 17 Poland | 46,334,000 | 2023 | -13.85% | -12.47% | View data |
