The waterproof footwear market in Canada saw fluctuating trends from 2012 to 2022. Starting at $158.07 million in 2012, the market value peaked in 2013 at $167.55 million before entering a phase of gradual decline with minor recoveries. By 2022, the market value stood at $146.76 million. The market experienced negative year-on-year variations mostly, with notable exceptions in 2013 and 2021. A closer look at the last five years shows an average annual decrease (CAGR) of -1.36%, indicating a persistent downward trend. Notably, the market value in 2023 was not provided but would likely follow the declining trajectory.
Future trends to watch for include potential market recovery fueled by innovations in waterproof materials, increased consumer awareness of outdoor activities, and sustainable fashion trends. Monitoring shifts in consumer preferences and technological advancements will be crucial to anticipate changes in the market dynamics.
| # | 26 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 1,681,600,000 | 2023 | +2.19% | +2.39% | View data |
| 2 | 2 Japan | 549,790,000 | 2023 | -4.25% | -8.13% | View data |
| 3 | 3 Italy | 357,300,000 | 2023 | -1.09% | -1.71% | View data |
| 4 | 4 United Kingdom | 319,150,000 | 2023 | -2.01% | -1.03% | View data |
| 5 | 5 France | 314,910,000 | 2023 | -0.85% | -0.39% | View data |
| 6 | 6 Germany | 313,500,000 | 2023 | +1.79% | +0.96% | View data |
| 7 | 7 Canada | 151,650,000 | 2023 | +1.65% | -0.75% | |
| 8 | 8 Spain | 107,260,000 | 2023 | -1.3% | -1.11% | View data |
| 9 | 9 Sweden | 97,952,000 | 2023 | +1.9% | +0.17% | View data |
