The footwear parts market in Poland has experienced significant fluctuations over the years. From 2012 to 2014, the market saw relatively stable values, but a marked decline occurred in 2015 and 2016. Despite a slight rebound from 2017 to 2018, the market continued its downward trajectory through 2022, with a notable year-on-year decrease of 4.63% in 2022. The Compound Annual Growth Rate (CAGR) over the past five years indicates a general decline, with frequent year-on-year variability emphasizing market instability. In 2023, the value of the market remained a critical focus for stakeholders to better grasp potential recovery or further decline.
Future trends to watch for:
- Technological advancements and innovations in footwear manufacturing.
- Shifts in consumer preferences towards sustainable and eco-friendly materials.
- Impact of global supply chain disruptions on market stability.
- Increasing competition from international brands and cheap imports.
| # | 23 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 9,617,700,000 | 2023 | +3.13% | +3.3% | View data |
| 2 | 2 Indonesia | 1,795,400,000 | 2023 | +2.75% | +3.97% | View data |
| 3 | 3 India | 1,021,800,000 | 2023 | +1.56% | +0.85% | View data |
| 4 | 4 Japan | 921,790,000 | 2023 | -6.61% | -6.66% | View data |
| 5 | 5 Spain | 543,930,000 | 2023 | -0.67% | -1.43% | View data |
| 15 | 15 Sweden | 69,287,000 | 2023 | -1.13% | -0.25% | View data |
| 16 | 16 South Africa | 56,022,000 | 2023 | +0.42% | -3.02% | View data |
| 17 | 17 Poland | 46,334,000 | 2023 | -13.85% | -12.47% | |
| 18 | 18 Norway | 41,005,000 | 2023 | -0.054% | +1.18% | View data |
| 19 | 19 Peru | 40,305,000 | 2023 | -0.55% | +0.16% | View data |
