The Japanese market for footwear with outer soles and uppers of rubber or plastics showed a declining trend from 2013 to 2023, with a decrease in the per capita market size value from $67.81 in 2013 to $41.27 in 2023. This represents a compounded average growth rate (CAGR) of -2.73% over the last five years. The market experienced fluctuations with a decrease in 2020 due to the pandemic, a slight recovery in 2021 and 2022, and a minor decline in 2023. Recent figures indicate a relatively stable but contracting market.
Looking forward, there are several trends and factors to consider:
- Sustainability and eco-friendliness could drive innovation and customer preference, potentially impacting demand.
- Technological advancements in materials could lead to increased consumer interest and market revitalization.
- Demographic changes, including an aging population, may shift market dynamics and demand patterns.
| # | 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 | ||
| 10 | 10 South Korea | 45.89 | 2023 | View data | ||
| 11 | 11 Chile | 45.67 | 2023 | View data | ||
| 12 | 12 Japan | 41.27 | 2023 | |||
| 13 | 13 Croatia | 38.33 | 2023 | View data | ||
| 14 | 14 Portugal | 37.22 | 2023 | View data | ||
