The Footwear with Uppers of Leather market in Mexico has experienced a declining trend in value per capita since 2013, with a notable decrease from $12.18 to $5.8 in 2023. Year-on-year, there has been a continuous downward trajectory, with an average annual drop (CAGR) of approximately 2.11% over the last five years.
Future trends to watch for include:
- Potential market shifts due to changing consumer preferences and sustainability concerns.
- Global economic factors impacting disposable income and purchasing power.
- Innovation in materials and production that could revitalize interest in leather footwear.
How does Mexico rank in Footwear with Uppers of Leather Market Size Value Per Capita?
| # | 40 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 262.54 | 2023 | View data | ||
| 2 | 2 Netherlands | 248.1 | 2023 | View data | ||
| 3 | 3 France | 231.93 | 2023 | View data | ||
| 4 | 4 Denmark | 220.88 | 2023 | View data | ||
| 5 | 5 Germany | 200.69 | 2023 | View data | ||
| 30 | 30 El Salvador | 9.47 | 2023 | View data | ||
| 31 | 31 Armenia | 9.4 | 2023 | View data | ||
| 32 | 32 Mexico | 5.8 | 2023 | |||
| 33 | 33 Colombia | 5.61 | 2023 | View data | ||
| 34 | 34 Honduras | 5.03 | 2023 | View data | ||
