Between 2013 and 2023, Peru's footwear market experienced fluctuating per capita values, indicative of varying consumer purchasing power and market dynamics. The value per capita peaked at $16.69 in 2013, with a subsequent drop and moderate recovery. By 2023, the value was $15.05, slightly down from 2022's $15.09. The market's post-pandemic recovery can be noted between 2020 ($12.6) and 2021 ($14.38) with a 14.1% increase, whereas 2022-2023 saw a marginal decrease of 0.3%. The compound annual growth rate (CAGR) over the last five years shows a modest growth trajectory, suggesting a stable but cautious consumer spending pattern.
Future trends to watch for include economic factors impacting consumer spending and preferences for sustainable products. Continued urbanization and a youthful demographic may boost demand, while global supply chain issues could impact availability and pricing.
| # | 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 | ||
| 26 | 26 Latvia | 18 | 2023 | View data | ||
| 27 | 27 Mauritius | 15.44 | 2023 | View data | ||
| 28 | 28 Peru | 15.05 | 2023 | |||
| 29 | 29 Finland | 13.95 | 2023 | View data | ||
| 30 | 30 Ecuador | 12.08 | 2023 | View data | ||
