The Footwear Parts Market in Thailand exhibited significant fluctuations from 2012 to 2022. After a steady decline from 2012 to 2014, there was a noticeable rise in market value in 2015 and 2016, followed by an even sharper increase in 2017. However, 2018 and 2019 saw a pronounced drop, with a slight recovery in 2020, and minor improvements from 2021 to 2022. The most recent data indicates a continued trend of year-on-year variation, reflecting a complex market environment with a CAGR of -3.47% over the last five years.
Future trends to watch include potential recovery patterns post-2022, influenced by consumer behavior shifts, economic conditions, and potential innovations in footwear technology. Monitoring these factors will be crucial for forecasting and strategic planning in the upcoming years.
| # | 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 |
| 11 | 11 Hungary | 191,450,000 | 2023 | +0.45% | +0.69% | View data |
| 12 | 12 Australia | 172,820,000 | 2023 | +1.98% | +1.85% | View data |
| 13 | 13 Thailand | 146,670,000 | 2023 | -0.25% | -1.92% | |
| 14 | 14 Switzerland | 81,882,000 | 2023 | -1.24% | -2.15% | View data |
| 15 | 15 Sweden | 69,287,000 | 2023 | -1.13% | -0.25% | View data |
