The market size value per capita for footwear with outer soles and uppers of rubber or plastics in Honduras showed fluctuation from 2013 to 2023. Starting at $4.06 in 2013, the value saw a slight decline until 2016, followed by a rise peaking in 2018 at $4.2. A dip was observed in 2020 to $3.46, likely due to the pandemic. Recovery was noted in subsequent years, reaching $4.18 in 2023. From 2022 to 2023, there was a 0% year-on-year change. The 5-year CAGR from 2018 to 2023 was approximately 0.09%.
Future trends to watch include potential market growth driven by urbanization and increasing demand for affordable footwear. Sustainability trends and material innovations might influence consumer preferences, impacting market dynamics in the coming years.
| # | 39 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 65.01 | 2023 | View data | ||
| 2 | 2 France | 63.29 | 2023 | View data | ||
| 3 | 3 Netherlands | 60.75 | 2023 | View data | ||
| 4 | 4 Austria | 59.63 | 2023 | View data | ||
| 5 | 5 Germany | 57.95 | 2023 | View data | ||
| 35 | 35 Mexico | 4.83 | 2023 | View data | ||
| 36 | 36 Brazil | 4.45 | 2023 | View data | ||
| 37 | 37 Honduras | 4.18 | 2023 | |||
| 38 | 38 Indonesia | 3.42 | 2023 | View data | ||
| 39 | 39 Morocco | 3.22 | 2023 | View data | ||
