The waterproof footwear market in Bulgaria, particularly those coverings the ankle but not the knee, saw a size of $3.2494 million in 2023. An examination of the past decade displays fluctuations, with significant growth between 2013 and 2016, a slight decline in 2017-2018, and consistent increases post-2020. Particularly, the last two years showcased year-on-year growth rates of 1.90% in 2022 and 1.83% in 2023. The 5-year CAGR stood at 2.28%, indicating moderate growth despite some fluctuations.
Future trends to watch for include potential shifts in consumer preferences towards more durable and multifunctional footwear, as well as the impact of environmental concerns driving demand for eco-friendly materials. Monitoring these changes could provide further insights into market dynamics.
| # | 14 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 1,433,100,000 | 2023 | +2.58% | +2.7% | View data |
| 2 | 2 Japan | 613,990,000 | 2023 | -2.82% | -3.04% | View data |
| 3 | 3 Germany | 219,240,000 | 2023 | +1.01% | +0.38% | View data |
| 4 | 4 France | 211,250,000 | 2023 | -0.76% | -0.54% | View data |
| 5 | 5 Sweden | 73,413,000 | 2023 | +0.099% | -0.88% | View data |
| 11 | 11 Portugal | 10,952,000 | 2023 | -9.09% | -7.59% | View data |
| 12 | 12 Ireland | 9,394,900 | 2023 | +0.36% | -0.046% | View data |
| 13 | 13 Bulgaria | 3,249,400 | 2023 | +1.83% | +2.28% | |
| 14 | 14 El Salvador | 2,649,900 | 2023 | -1.29% | +0.26% | View data |