The market size value per capita for footwear with outer sole of rubber or plastics and uppers of leather in New Zealand has shown a significant variation from 2013 to 2023. Between 2013 and 2016, there was a modest growth, reaching its peak in 2016. However, a decline was observed from 2017 to 2020, with 2020 marking the lowest value due to potential market disruptions or economic challenges. The subsequent years from 2021 to 2023 show a slight recovery, but still below earlier levels. In 2023, the value per capita stands at $54.27, indicating a slight decline compared to 2022.
Year-on-year, the market experienced a 0.80% decrease from 2022 to 2023. Over the last five years, the compound annual growth rate (CAGR) demonstrates a negative trend, indicating challenges in regaining market momentum.
Future trends to watch for include:
- Impact of emerging sustainable materials as alternatives to traditional leather.
- Potential changes in consumer preferences towards eco-friendly products.
- Market diversification and innovation in product offerings to meet consumer demand.
- Economic factors and their effects on consumer purchasing power in New Zealand.
How does New Zealand rank in Footwear with Outer Sole of Rubber or Plastics and Uppers of Leather Market Size Value Per Capita?
| # | 36 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 129.87 | 2023 | View data | ||
| 2 | 2 Austria | 121.48 | 2023 | View data | ||
| 3 | 3 Germany | 119.4 | 2023 | View data | ||
| 4 | 4 France | 118.73 | 2023 | View data | ||
| 5 | 5 Netherlands | 113.94 | 2023 | View data | ||
| 9 | 9 Sweden | 69.39 | 2023 | View data | ||
| 10 | 10 Spain | 65.03 | 2023 | View data | ||
| 11 | 11 New Zealand | 54.27 | 2023 | |||
| 12 | 12 Estonia | 50.81 | 2023 | View data | ||
| 13 | 13 Croatia | 50.58 | 2023 | View data | ||
