The Australian footwear parts market saw consistent growth from 2012 to 2014, with values increasing from 130.93 million USD to 143.92 million USD. A slight dip in value occurred in 2016, but the market quickly rebounded by 2017 reaching 154.89 million USD. Despite minor fluctuations, market values remained relatively stable, closing at 156.9 million USD in 2022.
Key Variations:
- From 2021 to 2022: 0.98% increase
- From 2020 to 2021: 2.27% increase
- 5-year CAGR: 0.26%
Future Trends to Watch For:
- Diversification in sustainable materials and manufacturing
- Increased adoption of advanced technologies like 3D printing
- Growth in online retailing and direct-to-consumer sales
How does Australia rank in Footwear Parts Market Size Value?
| # | 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 |
| 10 | 10 Netherlands | 214,490,000 | 2023 | +1.78% | +0.71% | View data |
| 11 | 11 Hungary | 191,450,000 | 2023 | +0.45% | +0.69% | View data |
| 12 | 12 Australia | 172,820,000 | 2023 | +1.98% | +1.85% | |
| 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 |
