The waterproof footwear market covering the ankle but not covering the knee in El Salvador experienced fluctuations from 2013 to 2023. The market value in 2023 stood at $2.6499 million. From 2013 to 2023, the market saw varied trends with noteworthy declines in 2015 and 2018, partial recoveries in 2016 and 2019, and a general downward trajectory in the last five years, reflected by a marginal CAGR of 0.26%. The most notable changes were the declines in 2018 and recent contractions leading to 2023.
Future trends to watch for:
- Potential market expansion driven by increasing urbanization and lifestyle changes favoring practical footwear.
- Innovation in waterproof technology and environmentally friendly materials could renew consumer interest.
- Economic factors, including disposable income levels and climate influences, might significantly impact market performance.
| # | 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 |
| 12 | 12 Ireland | 9,394,900 | 2023 | +0.36% | -0.046% | View data |
| 13 | 13 Bulgaria | 3,249,400 | 2023 | +1.83% | +2.28% | View data |
| 14 | 14 El Salvador | 2,649,900 | 2023 | -1.29% | +0.26% | |
