The Kenyan market for waterproof footwear covering the ankle but not the knee reached a value of 28.375 million USD in 2023. Over the period from 2013 to 2023, the market has shown a compound annual growth rate (CAGR) of 3.57%. Year-on-year growth has varied, with significant increases observed in 2016 and 2018. In contrast, more recent years have seen a slowdown in growth, with a moderate 3.93% increase in 2023 compared to the previous year.
Looking ahead, there are several trends to watch in the market:
- Potential technological advancements leading to improved product durability and customer satisfaction.
- Increasing consumer awareness regarding environmental issues potentially shifting demand towards more sustainable footwear options.
- Fluctuations in economic conditions and consumer spending power influencing purchase patterns.
| # | 14 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 1,433,100,000 | 2023 | +2.58% | +2.7% | View data |
| 2 | 2 Japan | 613,990,000 | 2023 | -2.82% | -3.04% | View data |
| 3 | 3 Germany | 219,240,000 | 2023 | +1.01% | +0.38% | View data |
| 4 | 4 France | 211,250,000 | 2023 | -0.76% | -0.54% | View data |
| 5 | 5 Sweden | 73,413,000 | 2023 | +0.099% | -0.88% | View data |
| 6 | 6 Austria | 42,493,000 | 2023 | +2.57% | +3.22% | View data |
| 7 | 7 Netherlands | 34,932,000 | 2023 | -0.04% | -2.44% | View data |
| 8 | 8 Kenya | 28,375,000 | 2023 | +3.93% | +3.57% | |
| 9 | 9 New Zealand | 25,199,000 | 2023 | +1.75% | -1.37% | View data |
| 10 | 10 Ecuador | 23,622,000 | 2023 | +1.33% | +2.76% | View data |
